7 Ways to Fund Your Startup in 2024 Remember that businesses like Grammarly, Spanx, TOMS shoes, YouTube, and Apple were once small businesses, too. So, while the journey may be challenging, it's worth working for!
By Kimberly Zhang Edited by Mark Klekas
Key Takeaways
- According to the Bureau of Labor Statistics, approximately 10% of startups fail within the first year. This means that 90% of startups succeed and go on to become full-fledged successful businesses.
This story originally appeared on Under30CEO
More than 580 million entrepreneurs worldwide decided to start their own businesses because they were unhappy with their regular jobs. But creating a successful business is one of the hardest things entrepreneurs will ever do. How do you go about funding your startup?
One of the biggest challenges for new small businesses is a lack of financial resources. If you find yourself in the same boat, don't give up just yet. As the culture of start-ups thrives, so do opportunities to fund those start-ups.
Related: 4 Crucial Signs That Your Small Business Needs Funding
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