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Funding a Startup Biz

PAGE 3
Find Team Members & Sponsors

Once you have your business plan in place and you can present this to others, you can start seeking some dedicated team members, as well as sponsors for your newsletter or magazine – depending on what the results the survey has presented in terms of the need for your product. Sponsors will pay you for advertising and you will start to generate some income. You (and your team) can develop advertising packages that will attract companies to purchase larger packages that in the long run will save them money, while ensuring consistent advertising (thus income) for your product.

If you can get enough advertising dollars, you may be able to cover any initial printing costs and you can chose to save yourself some income by delivering the magazine yourself – or split the duties amongst your fellow inspirational contributors.

Annie, I’ve always believed where there's a will, there's a way. You just need to do some extra digging around to discover all of your treasures, such as your resources, supporters, and mentors.

Best of success – may you be an inspiration to many in whatever scale you chose to do so!

Lillyvette

This Coffee Talk was inspired by an actual posting in Idea Cafe's CyberSchmooz. If you'd like to dish up some more advice for this person, click here! The more, the merrier!

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