You can be on Entrepreneur’s cover!

Take On Some of the Risk You're not ready to start a business until you're prepared to invest your own money into it.

entrepreneur daily

Self-financing in the form of personal and family savings is theNo. 1 form of financing used by most small-business owners.It's low-cost and has other advantages. For instance, when youapproach other financing sources, such as bankers and venturecapitalists, they will want to know exactly how much of your ownmoney you are putting into the venture. After all, if you don'thave enough faith in your business to risk your own money, whyshould anyone else risk theirs?

Excerpted from Grow Your Business

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business News

Side Hustles Are Soaring as Entrepreneurs Start Businesses Working Part- or Full-Time Elsewhere, According to a New Report

The younger the entrepreneur, the more likely they were to start a business as a side hustle.

Side Hustle

This Insurance Agent Started a Side Hustle Inspired By Nostalgia for His Home State — Now It Earns Nearly $40,000 a Month

After moving to New York City, Danny Trejo started a business to stay in touch with his roots — literally.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

Scrabble Makes First Change to Its Board in Over 75 Years

The new roll out is only available in Europe as of now.

Growing a Business

Want to Become an Industry Leader? Be a Guest on Podcasts — But Not the Ones You Think

If you are trying to promote your new product or service, there's a simple yet effective way to stand out from the rest.

Business News

CPI Report: Inflation Rose More Than Expected in March, Driven By Housing and Energy Costs

The average U.S. household is paying $227 more per month for goods compared to one year ago.