TED IWERE

Founder, SME Media Limited

[TED IWERE @TedIwere]

Your friends and family can be more than just your support system, they can be your investors as well.

Watch our latest video to learn 3 ways you can leverage your relationships to raise funds for your small business

=> https://t.co/yxFoQRu4EE

[TED IWERE @TedIwere]

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[TED IWERE @TedIwere]

Make it a point to regularly update your circle about your business progress, challenges, and milestones. This not only keeps them informed but also reinforces their belief in your capabilities.

The more they see your dedication & commitment, the more likely they are to invest.

[TED IWERE @TedIwere]

This engagement can lead to long-term relationships that benefit both you and your investors. By offering a mix of financial returns and personal appreciation, you can cultivate a supportive network that propels your small business forward.

[TED IWERE @TedIwere]

This openness helps them understand your motivations and builds a rapport that can encourage their participation in your journey.

However, trust is not built overnight; it requires consistency and transparency.

[TED IWERE @TedIwere]

3 Ways To Raise Funds From Friends And Family
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You might be tempted to overlook family and friends as a primary source when raising funds for your small business.

[TED IWERE @TedIwere]

Begin by engaging in meaningful conversations with your friends and family about your entrepreneurial aspirations. Share your vision and the reasons behind your business idea.