Friday, January 20, 2006

What are realistic ways to get funding for a business without using your own money? -

Is it hard to get an angel investor? I would like to start a internet website but i m young so I don t have a lot of money.

Hard work, a great idea, and luck.You have to have a damn good idea. You have to do 50% of the work before anyone will even consider investing in you.Luckily the internet makes it possible for anyone to get noticed. Unfortunately you have to remember that there s millions of people trying, and probably hundreds or thousands with the same idea as you.

First of all, dont let people discourage you, age is not a big problem you just have to work around a few things.Second you dont need an investor. To start your own website with all the tools, auto responder, the best apps to create websites, forums, blogs etc etc. requires a webhost. This will cost you about $40 a year with the right company. Good luck

You ll be very hard pressed to find someone to invest in your biz when you don t have your $, your heart and your soul in it.

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