{"id":3457,"date":"2018-01-19T20:07:59","date_gmt":"2018-01-19T20:07:59","guid":{"rendered":"http:\/\/wordpress.lvc.edu\/wordpress\/lavie\/?p=3457"},"modified":"2018-01-19T20:07:59","modified_gmt":"2018-01-19T20:07:59","slug":"startup-stash","status":"publish","type":"post","link":"https:\/\/wordpress.lvc.edu\/lavie\/2018\/01\/19\/startup-stash\/","title":{"rendered":"Startup Stash"},"content":{"rendered":"<div id=\"dslc-theme-content\"><div id=\"dslc-theme-content-inner\"><p><em>*This is sponsored advertising content*<\/em><\/p>\n<p><b><i>Question: I love reading about entrepreneurs. My dream is to follow in the footsteps of startup founders like Jeff Bezos&#8211;not just for the money, but because it sounds like such an amazing life. I\u2019d love to run my own business, whether that business ends up being large or small. But I\u2019m not sure where or how to start&#8211;especially when it comes to the money that I\u2019d need to found the business in the first place. How do businesses get off the ground?<\/i><\/b><\/p>\n<p>Answer:\u00a0<span style=\"font-weight: 400\">Founding a business can be thrilling&#8211;and dangerous. After all, <\/span><a href=\"https:\/\/www.investopedia.com\/slide-show\/top-6-reasons-new-businesses-fail\/\"><span style=\"font-weight: 400\">half of all businesses fail in their first five years<\/span><\/a><span style=\"font-weight: 400\">. So, as you can imagine, only the wealthiest among us are able to fund such a risky venture all on their own. So how do others do it?<\/span><\/p>\n<p><span style=\"font-weight: 400\">Well, with more difficulty, to be sure. <\/span><a href=\"https:\/\/smallbiztrends.com\/2016\/11\/startup-statistics-small-business.html\"><span style=\"font-weight: 400\">Statistics show that 82% of startup funding comes from the business owner or his or her family and friends<\/span><\/a><span style=\"font-weight: 400\">. That\u2019s not an encouraging statistic to those of us without wealthy connections, but there are other ways to get money for your venture.<\/span><\/p>\n<p><span style=\"font-weight: 400\">You could, of course, go get a loan. This is a time-honored way to get a business started or expand an existing one, say accountants at <\/span><a href=\"http:\/\/www.pacificbusinesslending.com\/contact-us\/\"><span style=\"font-weight: 400\">Corvallis, Oregon business lending company<\/span><\/a><span style=\"font-weight: 400\">. Businesses have access to some types of loans that individuals can\u2019t take advantage of&#8211;like private money loans, suggest <\/span><a href=\"https:\/\/www.val-chris.com\/san-diego\"><span style=\"font-weight: 400\">lenders in San Diego<\/span><\/a><span style=\"font-weight: 400\">.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Alternatively (or concurrently), you could try to <\/span><a href=\"https:\/\/www.forbes.com\/sites\/theyec\/2016\/12\/27\/six-ways-to-attract-an-investor-and-secure-funds-for-your-startup\/#2c4cf630577b\"><span style=\"font-weight: 400\">attract investors<\/span><\/a><span style=\"font-weight: 400\">. Investors give companies money in exchange for considerations like shares in the company, stock options, and other financial vehicles that give them the chance to make back more money if your business succeeds.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Either way, you\u2019ll need a business plan&#8211;and, perhaps, some business experience and connections. Entrepreneurs can sometimes get by with a great idea, but it may be a good idea for you to consider business school or other types of further training if you really want to give it a go as a startup owner. Good luck!<\/span><\/p>\n<p><i><span style=\"font-weight: 400\">\u201cMy view is there\u2019s no bad time to innovate.\u201d&#8211; Jeff Bezos<\/span><\/i><\/p>\n<\/div><\/div>","protected":false},"excerpt":{"rendered":"<div class=\"mh-excerpt\"><p>*This is sponsored advertising content* Question: I love reading about entrepreneurs. My dream is to follow in the footsteps of startup founders like Jeff Bezos&#8211;not just for the money, but because it sounds like such <a class=\"mh-excerpt-more\" href=\"https:\/\/wordpress.lvc.edu\/lavie\/2018\/01\/19\/startup-stash\/\" title=\"Startup Stash\">[&#8230;]<\/a><\/p>\n<\/div>","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":{"0":"post-3457","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-campus-news"},"_links":{"self":[{"href":"https:\/\/wordpress.lvc.edu\/lavie\/wp-json\/wp\/v2\/posts\/3457","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wordpress.lvc.edu\/lavie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wordpress.lvc.edu\/lavie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wordpress.lvc.edu\/lavie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/wordpress.lvc.edu\/lavie\/wp-json\/wp\/v2\/comments?post=3457"}],"version-history":[{"count":0,"href":"https:\/\/wordpress.lvc.edu\/lavie\/wp-json\/wp\/v2\/posts\/3457\/revisions"}],"wp:attachment":[{"href":"https:\/\/wordpress.lvc.edu\/lavie\/wp-json\/wp\/v2\/media?parent=3457"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wordpress.lvc.edu\/lavie\/wp-json\/wp\/v2\/categories?post=3457"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wordpress.lvc.edu\/lavie\/wp-json\/wp\/v2\/tags?post=3457"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}