10+ Fundraising Ideas: Business Loans, Crowdfunding, More (Udemy.com)

Use the sum of 10 fundraising strategies to raise more money and sooner!

WHY HAVING 10 FUNDRAISING STRATEGIES IS SO EFFECTIVE

When you focus on just one fundraising strategy, it might not work, take too long, or raise less money than you need.

Instead of putting all your eggs in one basket with one fundraising strategy, combine funds from 10 different fundraising strategies like getting some money from a business loan, maybe a personal loan, grants, crowdfunding, other donations, and then transitioning to many of the creative ways to raise money that I'll show you in this course.

When you raise a little bit of money from multiple sources, it's much easier to get to your ultimate fundraising goal.

Includes my 200-page business plan book, which is used by a number of universities.

UNDERSTAND THE A-Z OF THE FUNDRAISING PROCESS

If you are in the process of raising money for your business or wondering how to begin the fundraising process, this course will give you insights and the pros and cons for different fundraising strategies. That will help you maximize your chances of success in each!

WE'LL START BY EXPLORING THE OPTION OF A BUSINESS LOAN TO FUN A SMALL BUSINESS

Many people opt for business loans as their first option to raise money for their small business or a start-up. Loans feel like they might be a relatively easy option because banks and investors are more willing to offer loans than direct investments.

Small business loans turn out to be difficult to get because most bank have a requirement similar to this:

1. Your business must be operational for at least six months.

2. You must generate at least a few thousand dollars in revenue.

If you don't qualify for these common small business loan requirements, you still have a few options. You can go to local banks which sometimes have more lenient policies or you can explore the option of a personal loan to fund your small business.

RISK ASSOCIATED WITH SMALL BUSINESS LOANS OR PERSONAL LOANS

The challenge with getting a small business loan is that you have to pay it back. If your business does not succeed, you'll have an enormous amount of debt, which is a big thing to consider.

DIFFERENT KINDS OF LOANDS FROM SBA SMALL BUSINESS LOANS TO INTERNATIONAL MICROLOANS

You'll also learn about many different options for getting a small business loan to fund your company. I'll explain what SBA loans are. These are Small Business Assistance loans backed by the US government to help small businesses.

You will also learn how to use online lending companies like Lendio or Kiva to either get a small business loan or a business line or credit.

GETTING DONATIONS TO FUND YOUR BUSINESS VIA CROWDFUNDING

Crowdfunding can be a great option if you have an idea that gets people excited, inspired, and motivated. If so, you can use crowdfunding websites like GoFundMe or Kickstarter to raise money for your business. But keep in mind that those are marketplaces. That means that you can go viral and promoted on those websites, and have many people find your project to give you donations. But if your project doesn't get discovered on those websites, you'll have to do most of your own promotion, which can be difficult.

RAISING MONEY FROM GRANTS

There are many small business grants that are available, and I'll show you how to find them. The challenge with business grants is that it's time consuming to do grant writing and fill out the entire grant application. Plus, it can take a long time to get a reply after you submit your grant application.

CREATIVE FUNDRAISING STRATEGIES

If getting a small business loan, a personal loan, grant, or crowdfunding isn't an option for you, I'll also show you a number of creative and lesser-known techniques to raise money.

CALCULATE HOW MUCH MONEY YOU NEED TO RAISE

Before starting any process of raising money, you must understand how much money you need to raise.  Usually the amount of money you aim to raise should get you closer to your next business milestone.

That milestone can be profitability, customer growth to reach a certain number of clients, or a number of other things.

This course will show you how to do the math to understand your fundraising needs so you can be more sophisticated when you try to raise money.

FOR WHOM THIS COURSE IS IDEAL

This course is ideal for people who have a business idea or an early-stage business, and need funding to get started or move forward.

HOW THIS FUNDRAISING COURSE WILL WORK

1) Learn how to calculate how much money you need.

2) Use a combination of over 10 ways to raise that money.

3) Learn to pitch investors.

WILL THESE STRATEGIES WORK FOR YOU?

Not all the fundraising strategies in this course will work for everyone. But since this course gives you a wide range of strategies to raise money, some of them will definitely work. 

Plus, by combining multiple fundraising strategies, you should be able to reach the sum your situation requires. 

LATEST COURSE UPDATE:

• Fundraising websites that help you raise funds for your business

• Extra resources for finding potential grants

• More unusual ways to raise funds for your business

• Most lectures updated to have improved audio and video quality

  
  

WHY IT IS IMPORTANT TO TAKE THIS COURSE

Don't focus on just one fundraising strategy like investors, loans or crowdfunding. Give yourself greater potential with a broad view of all the possible ways to raise money.

When you understand all your fundraising options, you will be more likely to choose the most effective strategies and implement them better and with more confidence.

INSTRUCTOR BACKGROUND

I've been an entrepreneur for 20+ years, coached 1,000+ entrepreneurs in person, taught 850,000+ students, impacted millions of entrepreneurs worldwide, some of whom created 6 and 7-figure businesses, and I would love to help you.

I understand how difficult, confusing and stressful it might be for you to go through a fundraising process and start a business with no money and no support.