A friend of mine in the US has recently
graduated with a business degree.
Instead of going the “submit application to firm and wait for reply”
route, she has chosen to set up her own business.
Her only problem is finding some initial
funding. With zero experience, you can’t
just walk into a bank and say, “Hey, I’ve got this great idea for a business…. Mind
loaning me some $25,000 to get it off the ground?”
Starting a serious business isn’t quite the
same as putting up a lemonade stand outside your house when you were seven
years old. Then you had Mom and Dad do
your advertising for you. You didn’t
have to pay for your lemons, sugar, water, jug and paper cups. Amused neighbours, friends and family would
probably make up a big chunk of your business.
Work was effectively over once you’d made enough to buy the toy you
wanted.
For the serious, small businesses, there
are sites which offer an online loan to get you off the ground. Sometimes all you need is just a little
helping hand to get you off and flying.
I hope my friend finds the help she needs to get her business off
the ground. Good luck, K… remember me
when you make your first billion and get your IPO going!
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