Wholesale 101
4 Alternatives to Getting Investors for Your Online Business
Yesterday we discussed Everything You Need to Know About Investors for Your New Online Business, so today I am going to share with you alternatives to investors:The absolute best alternative was already discussed in yesterdays post, which is building the business 100% on your own using whatever funds you have available. Start small and grow your company $1 at a time. This way you will always have full control of your business, not burn relationships with loved ones and not have to add ont
…
23rd Jun 2021
Should I Get an Investor to Start an Online Business?
If you are trying to decide if you should get investors to start an eCommerce business, here’s the details you need to know:To begin, let’s clarify an actual “investment” versus being loaned money, because they are not the same thing. A loan is borrowing money. The funds are paid back, with interest, no matter what. For example, an automotive loan; you repay the loan monthly for X-amount of months plus 6% interest. If you don’t pay the loan the bank takes the car and you are totally screwed
…
22nd Jun 2021