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Startup Finance: How To Approach Family And Friends For Help

4.1

Learners: 10,517

Instructor: Boomy Tokan

Duration:

This course, "Startup Finance: How To Approach Family And Friends For Help", is perfect for beginners who need help obtaining business finance. It will provide guidance on how to manage the process in a way that avoids emotional upheaval and disagreements, while still allowing individuals to enjoy good relations with family and friends. The course will cover topics such as determining the type of finance being sought, advantages and disadvantages of borrowing from family and friends, general guidelines, agreements to sign, business plans to present, and more. With this course, entrepreneurs can learn how to raise the money they need and still keep their relationships intact. ▼▲

Course Feature Course Overview Pros & Cons Course Provider Discussion and Reviews

Go to class

Course Feature

Cost:

Free

Provider:

Udemy

Certificate:

No Information

Language:

English

Start Date:

2016-07-26

Course Overview

❗The content presented here is sourced directly from Udemy platform. For comprehensive course details, including enrollment information, simply click on the 'Go to class' link on our website.

Updated in [July 17th, 2023]

Free Course for businesses. A Step by Step Guide to raising startup finance from Family/Friends without any fallout!

What you'll learn:

Understand how to raise money from family and friends
Know how to manage the relationship process
Ask and receive the right kind of fininace
Create win-win situations with family and friends
Become aware of the pitfalls and how to circumvent them

This Is A Beginners Level Program
After all is said
Family & Friends
tend to be the first place most people turn to when they need general help or business finance. Yet if this process is not managed well, it can result in long term tension, unforgiveness and heartaches.
In reality, it does not need to be that way if certain guidelines are followed. This will ensure that emotional upheaval and disagreements are completely removed and individuals can enjoy good relations with family are friends whether or not the business works out not. For surely, as we journey to success there are challenges to overcome.
In my effort to help entrepreneurs obtain the funding they need and still keep their relationships I will cover the
following topics:
-
Determining the type of finance being sought
-
Advantages of borrowing from family and friends
-
Disadvantages of borrowing from family and friends
-
General guidelines
-
The Agreements to sign
-
The Business Plan to present
-
What to think about
My hope is that as you embark on this course you use the information to raise the money you need and still keep all your relationships intact!
This course will teach and remind you of all you need to focus on when asking family/friends to support your enterprise.

Course Syllabus

Introduction & Downloads

Profile: Who I AM and What I Can Do For You!

Getting It Right!

Why This Is A Great Funding Route

The Process Part 1

The Two Most Important Documents To Use!

Conclusion

Resources

Bonus Lecture!

Pros & Cons

Pros Cons

Practical and useful tips: Users appreciate that the course provides practical tips and tricks for approaching family and friends for financial support. They find the content to be easily understandable and appreciate the useful information provided.
Suitable for beginners: Users mention that the course is a great starting point for newbie startups and small and medium-sized enterprises (SMEs). It provides a basic understanding of how to involve family and friends in investment, making it accessible for those with limited knowledge in the field.

Basic and incomplete content: One user criticizes the course for being too basic and incomplete. They mention that they finished the course in just 15 minutes, indicating that the content may not be comprehensive enough for their needs.
Marketing strategy: Another user feels that the course is more of a marketing strategy to promote the instructor's other courses. They perceive the content to be lacking depth and consider it a ploy to encourage purchasing additional courses.