How To Get Startup Funding For A Small Business

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How to get startup funding for a small business?  Are you at the beginning of your big business   journey? Are you at the beginning with no leads,  no contacts and no profits but you need money to   really get your thing going? Well, you've  stumbled across the right video. I'm Noelle   and I've taken tons of businesses from startup  all the way to multi-million dollar businesses.   I'm going to show you exactly  how you can do it too. Let's go.   I'm going to share with you a detailed  step-by-step process on how to get   business funding even for startup. I know, you've  been told you can't. But I know that you can.   I'm gonna share with you some insider tips on  what not to do and why most businesses fail.   And I'm going to share with you 3 secret places  to get business funding (not banks) that most   people don't even know about. So, let's talk about  all of the benefits of becoming an entrepreneur.   I remember when I was wanting to be an  entrepreneur. I literally used to sit at my desk   and wish that I could own my own time. I've told  you guys before I'm a real estate entrepreneur,   I'm a mentor and I'm a mom of 5. But before that,  I was a corporate flunky. I used to either sit in   a cubicle, sometimes I had a nice office.  But either way, I did not own my time and   I was really lacking in the family department. I  was always picking my kids up late from daycare   and I felt like they were actually at  daycare more than they were with me.   I just remember wanting to be an entrepreneur and  wanting to start my own business but I really just   didn't know how. Now that I am an entrepreneur  and I've transitioned from working full-time to   being a full-time entrepreneur, I can tell you the  benefits are enormous. You get your time freedom.   In other words, you get to own your own time. I  decide when it is I start working and when I stop   working. There is no one to tell Noelle what to do  anymore. Only me. I get to pick my clients. Again,   you get to decide the business that you want  to do. Some people create businesses and they   hate their clients and they own their own job.  That's not what I'm talking about. You literally   can create a business where you get to choose  your clients, choose when you work, choose where   you work and choose how much you charge for what  you do. It's available and I'm going to tell you   exactly how to do that. So, step one when it comes  to truly starting a business and getting funding   is start there. Focus on getting funding. The  problem with most businesses is they start with   thinking about the business too much. I'm  not saying that you're not going to think   about your business, you shouldn't write out  your business plan or what you're going to do.   But do not just stay there. Before you ever  really get into the business or quit your job,   start thinking about where your funding is going  to come from. There's so many different ways to   get funding and have all of the money that your  business needs to sustain you and your family year   after year after year. If you start your business  and you focus on the funding first, you will be   more successful than 90% of the businesses  out there. Let me tell you how to do that.   So, the first thing that you want to do when you  are getting funding for your startup, you want to   make sure that you have an actual business setup.  I'm sorry, but it's very hard to fund a business   that's not a real business. So, go ahead and name  your business. Go ahead and register that business   with the secretary of state. Either get that LLC  or a C-corp or an S-corp. Whichever entity that   you want to but make sure that people can find  you on the secretary of state so that it's a real   business. Additionally, get the EIN number, get  a professional phone number, get a professional   email and get a professional website. Doing just  those minimum things which I have students that   have done that in one day is going to unlock  business funding. This way you can start to   build business credit in your business's name and  not have to rely on your personal credit or your   savings to fund your business. If you do these  steps, literally, there's tons of banks, lenders   all kinds of people --angel investors that will  lend you money for your business. But people will   not lend to a business that's not a real business.  So, don't just take the cheap way and try to do a   DBA or make a logo without having a real business.  Go ahead and follow those steps that I gave you   so that your business can get real funding real  fast. So, now that you have your business set up   and you understand why, let me tell you about some  hidden places that you can get business funding   as a startup. The first thing that you want to  do and make sure that you have, like I said,   those minimum things is you're going to need a  business checking account. A lot of times when   you go to get a business checking account, we  are historic times. There has been more money   available for businesses than ever before in  history. I have students that are going to get   business checking accounts and they are getting  offered business credit cards right on the spot.   That's one. Another thing that you want to do and  this is completely free. Set up a paypal business   account, a square business account and go ahead  and start putting it through some transactions.   You want to also make sure you're making regular  deposits into your business checking account   because there's tons of lenders that will start  to lend to your business with 3 months of business   checking account statements. So, all you have to  do especially if you have a job is start putting   some money into your business checking account  so that you can show some income and some revenue   into your business. You don't want to do anything  unethical but you want to start showing that your   business is making money and you are investing in  your business. Most people will not invest in your   business if you haven't invested first. Another  hidden secret and this is top top secret is,   there's 2 new lenders out there that  are lending to people that are startups   and to people that may have some trouble credit.  One of them is accion. That's accion.org.   They are a community development institution. That  means they are funding small businesses, startups   mostly for minorities, women, veteran, disabled  people and things like that. However, they have   funding for all types of businesses especially  startups. That's secret number 1. Secret number   2 is a company called five-star processing. They  do merchant processing. Very similar to PayPal   and Square.where it will allow you to take credit  cards for your business. Once you get that account   set up, again, you can have a credit score as low  as 300. I'm going to put a link below for you. You   can go ahead and click that link and they will get  you set up and they will give you business credit   as a startup. So, now that you know exactly  how to get funding for your startup business,   go ahead and get a full training that I've  created for you. Go to noellesfreetraining.com.   I've created an entire course, it's about an  hour-long just for you. Again, it's completely   free and it will teach you all of what I did,  all of the steps, all of the places to look,   all of the ways to get free marketing and leads  for your business so you can start making profits   quickly. Again noellesfreetraining.com. I want to  make sure you have all of the resources, all the   tools, and all of the knowledge that you need to  be successful. This is Noelle, to your success.
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Channel: Noelle Randall
Views: 367,157
Rating: undefined out of 5
Keywords: Noelle Randall, Noelle Randall Coaching, Real Estate, Airbnb, How To Get Startup Funding For A Small Business, startup funding, small business
Id: NNtMCbs47N8
Channel Id: undefined
Length: 7min 21sec (441 seconds)
Published: Tue Oct 06 2020
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