Funding Your Start-Up
When push comes to shove, friends and family are the ones to turn to.
By Karen E. Spaeder •
Opinions expressed by Entrepreneur contributors are their own.
Once you've committed yourself to starting a homebasedbusiness, you've taken a major step toward being a full-fledgedentrepreneur. You have to be passionate about what you'redoing-otherwise, you might as well hang on to that 9-to-5 joband enjoy the security of a steady paycheck. So if you know exactlywhat you want to do and how you want to do it-i.e.,you've done your research and come up with a plan ofaction-consider yourself destined for greatness.
I'm guessing, though, that you're still facing theobstacle of coming up with the money to make your idea a reality.This is one of the thorns in the side of every typicalentrepreneur-typical in the sense of not having a hugeinheritance or lottery winnings to fall back on. So that leaves youwith the quandary of raising money.
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