1. Purpose Is Your Anchor in Uncertain Times When things go wrong—and they will go wrong in business—your purpose is what keeps you from quitting. If you’re building a company just to make money, the moment profits slow down, your motivation dries up. But if your business is rooted in something bigger—helping people, solving a real problem, creating meaningful change—then you’ll find a reason to keep going even when the money isn’t flowing. Purpose is the anchor that holds you st...
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1. Purpose Is Your Anchor in Uncertain Times When things go wrong—and they will go wrong in business—your purpose is what keeps you from quitting. If you’re building a company just to make money, the moment profits slow down, your motivation dries up. But if your business is rooted in something bigger—helping people, solving a real problem, creating meaningful change—then you’ll find a reason to keep going even when the money isn’t flowing. Purpose is the anchor that holds you st...
Startup Funding 101: The Best Business Loans for New Entrepreneurs
Startup Business 101
40 minutes
4 months ago
Startup Funding 101: The Best Business Loans for New Entrepreneurs
1. Not All Loans Are Created Equal—Understand the Types First Most new entrepreneurs don’t realize how many types of loans are out there, and they often chase the wrong one for their stage. There are term loans, business lines of credit, SBA loans, microloans, and equipment financing, just to name a few. Some are great for buying inventory, others for building working capital, and others for startup costs. Explain each type simply and include how they’re typically used. Fo...
Startup Business 101
1. Purpose Is Your Anchor in Uncertain Times When things go wrong—and they will go wrong in business—your purpose is what keeps you from quitting. If you’re building a company just to make money, the moment profits slow down, your motivation dries up. But if your business is rooted in something bigger—helping people, solving a real problem, creating meaningful change—then you’ll find a reason to keep going even when the money isn’t flowing. Purpose is the anchor that holds you st...
