Thursday, August 13, 2015

Some Entrepreneur Funding Sources

Hello my fellow Internet Journeyers. 

     I am near the end of my Full Sail journey and once I reach it, I will undertake another path, unto a remarkable way of more learning.  It will be a way for me to prepare for my future and the business that I am bracing myself for.  I will be tweaking any and all business plans for a career enveloped in gemology and music.  Wish me luck!  But I will keep you guys enlightened with the details of my next journey to come.
     In the mean time, an assignment, I’ve been working on lately, involves funding of my entrepreneur endeavor.  With the help of a highly motivating individual, I have come across some organizations’ websites, which are not only helpful to me, but they could be helpful to you.  I’ve narrowed it down to two and they are Opportunity Finance Network and CFED.  These organizations help the underserved communities of America, to build them up, creating small businesses, home ownership, banks, employment, and better communities for people to live.  There is education and research available on both websites.  The sites are great for entrepreneurs to find out more about resources that are available to them and philanthropists, as well.  It’s great for a community to build businesses; not just give back to the community by establishing a business but donating time by speaking in the community and educating individuals on your experiences, so that they may learn and become entrepreneurs themselves.
     On the CFED site, the information is explosive, for those who seek entrepreneurship knowledge and for those who wish to donate.  OFN funds non-profits and individuals, who like I said, may, want to start a business or rebuild houses in a neighborhood.  There is a list of banks available that are located nationwide to help non-profits, low-income people and neighborhoods. There are advantages to this type of funding, like helping out communities and making them stronger.  But a disadvantage could be that you could be restricted in exactly HOW you would like to build in a neighborhood and that you may not even want to start your business in a low-income neighborhood.  But as an entrepreneur you are always taking risks and that’s just one of the elements you have to deal with when borrowing from a source that you may not be totally familiar with.
     Even if the websites I have reviewed may not be able to help me or you in funding, they are particularly good research tools for any start-up.


Peace, Love, & Gems!

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