StartupGuy : A movement only exists when people are inspired to move, to do something, to take up the cause as their own. #IamStartupGuy #StartupMzansi                                                               startsy : StartupApp – The only tool you need to launch, grow, and succeed!                                                               startsy : Your vision, our tools. Build the future with StartupApp.                                                               StartupGuy : Your idea. Your vision. Our tools. Let’s build the future together!                                                               startsy : Entrepreneurs, innovators, dreamers – welcome to StartupApp, where business ideas come to life!                                                               startsy : Turning dreams into businesses. Let StartupApp guide your journey.                                                               StartupGuy : The world’s most innovative startups begin right here. Start yours with StartupApp.                                                               StartupGuy : Hello everyone                                                               startsy : Great ideas don’t wait. Bring yours to life today with StartupApp.                                                               StartupGuy : Dream big, act bold, start with StartupApp.                                                               startsy : Fuel your passion. Build your business. Stay unstoppable with StartupApp.                                                               startsy : From startup to success – StartupApp has everything you need.                                                               StartupGuy : The choices we make today will determine our tomorrow                                                               startsy : Stay inspired. Stay innovative. Stay successful with StartupApp.                                                               startsy : The world’s best businesses begin with a single idea. Start yours today with StartupApp.                                                               StartupGuy : Great minds think big. Start small. Grow fast. StartupApp is here for you.                                                               startsy : Your business journey starts here. Innovation never stops at StartupApp.                                                               StartupGuy : Where innovators unite to create tomorrow’s businesses today.                                                               startsy : Every big idea starts small. Let’s make it happen with StartupApp.                                                               startsy : Start up. Innovate. Repeat. Welcome to your entrepreneurial ecosystem at StartupApp.                                                             

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How to raise startup capital from friends and family and from whom to ask money?

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Getting your startup funded by friends and family can be the easiest and fastest mode of funding. But it may not work if you are targeting wrong people, i.e. not everyone in the family and friends would either be interested or be able to fund your business.

Getting your startup funded by friends and family can be the easiest and fastest mode of funding. But it may not work if you are targeting wrong people, i.e. not everyone in the family and friends would either be interested or be able to fund your business.

So, it is very important to know whom to ask for funding. Knowing this is important because, this is the only way to get your startup funded by friends and family in less time. To make things working you must do a quick research and approach the targeted people only.

This article will guide you through the details of who in the family and friends circle you should ask for finances and when should you do it.

  1. Consider the individuals’ with a good financial background, because funding a startup business is a high-risk investment.
  2. The best investor is someone with a business mind.
  3. Successful entrepreneurs are always interested in investing in new ventures, so look for someone like this in your circles. Even if someone is not your first-degree connection, but some of your friend or family member can bridge the connection, consider him/her.
  4. Keep the people with past conflicts out of your list.
  5. Avoid people who may create additional issues out of this investment.
  6. Target people in closer circles first, i.e. immediate family members and close friends.

Considering the above points will give you a very clear list of potential investors for your startup business. And in case if the above filters leave you with no one in the list, do not forcefully include anyone.

Good luck raising startup capital from your friends and family.

Sandile Shabangu

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