{UAH} No one will give you funding for your idea

By Halimah Kiberu via UAH Facebook

No one will give you funding for your idea. Accept it. The sooner you accept it then the sooner you'll think of other ways to raise the funds. Get a job if you must, save up to fund yourself in the initial stage so that you can have a track record for your business.

The days of funding just ideas are over. If you can't take the risk and fund yourself, then who do you expect to take the risk for you and fund you?

You might have a big idea, but if you don't fund it first, no one will fund it. Sell tomatoes if you must. Sell matooke if you must. Sell herbalife if you must. Sell chapatis if you must. Cut people's grass if you have to. Just don't ask other people to back your dream when you haven't done anything to fund it.

A big idea is funded by a combination of small investments the business owner makes over a period of time. Selling tomatoes doesn't mean you will end there, it just means that you are willing to do whatever it takes to fund your dream business. Funding will be necessary when it's time for you to scale your business. Your track record will attract the funding, and you will have a better chance of negotiating a great deal for yourself if you have a business that has a track record.

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"When a man is stung by a bee, he doesn't set off to destroy all beehives"

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