12 Tips for Finding Seed Funding, Starting With a Close Look at Your Pocket
Here's what I tell my students: 1. Do it yourself The sooner you involve investors in the life of your venture, the bigger their control and ownership share per dollar. If you truly believe in the venture, check your own pockets first before seeking outside funding. One of the best moves you can make as a startup founder is provide the seed funding yourself. If you have savings, credit cards, a mortgage-worthy house, a classic comic book collection, or other valuable assets, you should consider it. Doing so will prove to yourself that you truly believe in your venture, give you credibility in the eyes of future investors and leave you in full control of the venture. 2. Friends, family and you For seed level funding, I feel it is fine to approach close friends and family, as long as you are willing to invest cash yourself. If you are not willing to put up your own money, it means you are not ready. So get back to refining the idea and don’t ask a...