Comments on: Getting Funded: Alternative Financing Methods http://f3fundit.com/blog/getting-funded-alternative-financing-methods/ information for start ups and entrepreneurs Thu, 12 Jan 2012 07:22:30 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Get66 http://f3fundit.com/blog/getting-funded-alternative-financing-methods/comment-page-1/#comment-68 Get66 Tue, 02 Feb 2010 03:31:30 +0000 http://f3fundit.com/?p=689#comment-68 I'm so glad the author went with methods other than "family funding". With the right family dynamic, it works well. However, being a 3 time entrepreneur, I have seen "family funding" turn into "ex-family debt". Once the money has changed hands, the debtor and debtee never have quite the same relationship. Whether expressed or not, everyone feels like someone owes favors. My parents really wanted to help me out, but as much as I have needed the capital I have never taken a dime. We have never had any problems because of it! <a href="http://www.get66.net" rel="nofollow">mobile ad</a> I’m so glad the author went with methods other than “family funding”. With the right family dynamic, it works well.

However, being a 3 time entrepreneur, I have seen “family funding” turn into “ex-family debt”. Once the money has changed hands, the debtor and debtee never have quite the same relationship. Whether expressed or not, everyone feels like someone owes favors.

My parents really wanted to help me out, but as much as I have needed the capital I have never taken a dime. We have never had any problems because of it!

mobile ad

]]>