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  • 12.09.10

From Bootstrap to Venture: The Money Behind Startups

A mind-blowing, world-changing, billion-dollar business idea is not too hard to come by. Many don’t even realize when they think of an idea that it can turn into something huge. The biggest challenge (and the only reason why there are so few billionaires out there) is in getting the money together to turn an idea into a working business.

 The idea is the easy part. Funding it is nearly impossible. The concept that “the rich get richer” is powered almost completely by this premise. It’s not that their ideas are necessarily better than those of less fortunate. It’s that they have the money to take an idea and run with it.

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For the rest of us, we need funding.

This graphic by our friends at Grasshopper Group breaks down the various means of startup funding and gives insights into how one might form a strategy to help them build the next billion-dollar business.

Startup Funding Strategies

Click here to enlarge.

About the author

JD is Founder of Dealer Authority. He lives in Southern California with his wonderful family and spends way too much time on social media.

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