1. Self-Funding (Bootstrapping)

• What it is: Using your own savings or income to fund your business.
• When it works: Ideal for small-scale startups or initial stages.
• Advantages:
  • Full ownership and control.
  • Builds credibility when seeking future funding.
• Tips:
  • Start lean to stretch your resources.
  • Reinvest early profits to grow.

2. Friends and Family

• What it is: Raising money from your personal network.
• When it works: Early-stage startups with low financial requirements.
• Advantages:
  • Easier to secure than formal investors.
  • Flexible terms.
• Tips:
  • Treat it professionally with written agreements to avoid misunderstandings.
  • Share clear plans and risks.

3. Angel Investors

• What it is: Wealthy individuals who invest in early-stage companies in exchange for equity.
• When it works: If you have a promising idea or prototype but need resources to grow.
• Advantages:
  • Mentorship and industry connections.
  • Flexible investment sizes.
• Tips:
  • Network at startup events or platforms like AngelList.
  • Have a strong pitch deck that highlights your vision and growth potential.

4. Venture Capital (VC)

• What it is: Firms that invest large sums in high-growth startups in exchange for equity.
• When it works: For scaling startups with a clear market fit and high-growth potential.
• Advantages:
  • Access to large funding amounts.
  • Expertise and guidance from seasoned investors.
• Tips:
  • Focus on VCs in your industry.
  • Show strong traction, revenue growth, or a unique competitive advantage.

5. Crowdfunding

• What it is: Raising small amounts from a large number of people through platforms like Kickstarter, Indiegogo, or GoFundMe.
• When it works: Ideal for consumer products or businesses with strong public appeal.
• Advantages:
  • Validates your idea with real customers.
  • Creates early brand advocates.
• Tips:
  • Offer compelling rewards or incentives for backers.
  • Create a professional campaign with a great story and visuals.

6. Small Business Loans

• What it is: Borrowing money from banks, credit unions, or online lenders.
• When it works: Established startups with revenue streams that can repay the loan.
• Advantages:
  • Retain full ownership.
  • Fixed repayment terms.
• Tips:
  • Build a strong business plan and credit score.
  • Explore government-backed loan programs like SBA loans (in the U.S.).

7. Government Grants and Subsidies

• What it is: Non-repayable funds provided by government programs to support entrepreneurship.
• When it works: If your startup aligns with government priorities (e.g., green tech, innovation, social impact).
• Advantages:
  • No repayment or equity dilution.
  • Recognition and credibility.
• Tips:
  • Research available grants in your country or region.
  • Tailor your application to meet the grant's objectives.

8. Startup Competitions and Incubators

• What it is: Programs offering funding, mentorship, or resources in exchange for equity or participation.
• When it works: For early-stage startups seeking exposure, guidance, and funding.
• Advantages:
  • Networking opportunities.
  • Access to expert mentorship.
• Tips:
  • Apply to programs like Y Combinator, Techstars, or local accelerators.
  • Be prepared to pitch your idea convincingly.

9. Strategic Partnerships

• What it is: Partnering with established companies that invest in or support startups relevant to their industry.
• When it works: If your product complements or enhances an existing business.
• Advantages:
  • Access to resources and distribution channels.
  • Potential for long-term collaboration.
• Tips:
  • Identify potential partners in your industry.
  • Highlight how your business can add value to theirs.

10. Revenue-Based Financing

• What it is: Securing funding in exchange for a percentage of your future revenue until the investment is repaid.
• When it works: For startups with consistent revenue streams but not ready for equity dilution.
• Advantages:
  • No equity loss.
  • Flexible repayment tied to revenue.
• Tips:
  • Explore platforms like Clearco or Pipe.
  • Demonstrate reliable revenue data.

11. Initial Coin Offerings (ICOs) and Token Sales

• What it is: Raising funds by offering digital tokens or cryptocurrency.
• When it works: For tech-based or blockchain projects with strong technical backing.
• Advantages:
  • Access to global investors.
  • No equity loss.
• Tips:
  • Ensure compliance with local regulations.
  • Build a strong technical and legal team.

12. Build and Sell Early

• What it is: Self-fund your startup by selling products or services immediately, even in a basic form.
• When it works: When your idea can generate revenue early on.
• Advantages:
  • Self-sustaining growth.
  • Validates your idea with paying customers.
• Tips:
  • Focus on high-margin products or services.
  • Optimize your marketing to reach paying customers.