Heyo!

Welcome to the $100 MBA show, helping you be better at business every single day with our daily 10 minute business lessons for the real world.

I'm your host, your coach, your teacher Omar's at home.

I'm also the co-founder of Webinar Ninja, an independent software company. I start with my co-founder back in 2014.

In today's Q&A Wednesday, on Q&A Wednesdays we answer a question from one of you, one of our listeners.

If you got a question you want to ask go ahead and email me over at

Omar at one zero zero mba dot net today's question is from Matt and Matt asks

hey Omar I've been running my business for some time now and I'm wondering when is a good time to secure

funding in my business.

When do I know it's time to start raising capital or getting a loan?

I know I'm going to need some funding to do what I need in my business,

but I'm not sure at what stage I should start going out to get funding.

We love your thoughts. Thanks a lot, Matt. Well now that funding cash flow is oxygen to every business. So

Matt's question about securing funding for his business is a good one. My job in

today's episode is to help you know when you're in the best position to raise funds.

Whether you're getting investors in giving up equity or getting a loan or some sort of debt

financing, the state of your business when you seek out funding will have a lot to do with

how much fun you get, how easy it is, how much equity you have to give up, the terms of a loan,

all kinds of stuff that can actually have a huge impact on the future of your business.

So let's get into it.

Let's get down a business.

If you're a long time listener of the show, you know that I am always a bootstrap first mindset kind of person.

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