As an early-stage startup founder, one of the most crucial decisions you’ll make is how to fund your venture. With dreams of success and visions of growth, you might be torn between bootstrapping and seeking external funding. Both paths have their merits and challenges, and
Angel investment groups are a vital source of funding and support for startups in New York City. These organizations provide early-stage funding to promising startups in a wide range of industries, from healthcare and technology to consumer products and media. According to a report by
According to the Bureau of Labor Statistics, 20% of businesses fail in their first year of existence and almost half of all startups (45%) will have failed within the first five years. Lack of funding has been found to be one of the reasons they
When hearing the words “college life”, images of rowdy parties, waking up at 1pm, long walks to classes, uncomfortably small rooms, and questionable dining hall food dance along the imagination. While all those aspects of college are the elements to a great story told in
When we think of wealth, we think of having lots of money. But have you ever thought about how you could build wealth for your family? For future generations? Like generational wealth? Generational wealth refers to assets passed from one generation to the next. Those
Since the birth of humankind, we have struggled for independence. Humans have done and will do anything for their independence. Anyhow as we know independence can be achieved from money in today’s civilization. Making money nowadays is not as difficult as it used to be
Being a first-time entrepreneur can be daunting. This is especially true if someone is from a family whose members have never ventured to start their own businesses. When a person with a steady job and a steady income gives it all up in the pursuit of
Cryptocurrency is globally gathering more fame as many obtain potentially huge profits from it. However, their volatility also involves the risk of dramatic losses. Such contradiction creates constant hesitation and confusion among people as many believe cryptocurrencies are here to last while others perceive it
Some entrepreneurs have to fund their idea through external funds from family. However, not everyone buys the idea of asking family members to invest in their ideas for various reasons. But it is not always easy funding your idea on your own, except if you
You’ve been thinking about this for a long time. Your heart races. The adrenaline seeps into your veins. When you’re at work, you wish you were somewhere else. Instead, you feel that you’re living someone else’s dream. But you’re waiting for the right moment to
Spotivity, a Chicago startup dedicated to guiding the youth, recently raised 1 million in seed funding. This funding will be used to support the global launch of the app as it expands. This milestone, according to Founder Montana Butsch, “ time, determination, and a long
Many of us are told “anything is possible as long as you put your mind to it.” Recently, people have applied this same logic to entrepreneurship. To become an entrepreneur you don’t need connections, money, or a million dollar idea—all you need is drive and
Immigrant business owners that have come to the U.S. can find it challenging to start their own companies or small businesses. This article will outline the specific types of visas available and the financial services for immigrants to start their entrepreneurial businesses. Knowing what to
