038 | Ditch the VC: 4 Funding Alternatives for Female Leaders to Scale Fast

Imagine your business as a house and funding as its unyielding foundation – we're here to ensure it's sturdy, robust, and ready to weather the entrepreneurial storms. 

Today, we're not just setting sail; we're diving into the art of alternative funding because, my good woman, the traditional paths are not the only routes to success, especially for service-based businesses. As we unravel the tales of triumph and the occasional stumble, you'll discover the power of grabbing that cash upfront to power your business.

In this episode:

• The importance of securing early funding for startup businesses
• The unseen challenges faced by female founders
• Importance of focusing on business development and service delivery
• The myth of venture capital and its suitability for service-based companies.
• Funding strategies tailored for your business

This episode at a glance:

[2:51]  Founders are trying to wear too many hats with little support, and they can't spend the time they need on business development

[03:21]  Venture capital might seem like the big, shiny answer, but there are better fits for a service-based business. 

[04:58] A well-crafted campaign can turn your idea into a reality and a crowd of supporters into lifelong customers. 

[07:30] Most women tend to want everything to be pretty polished and perfect and will spend a lot of time behind the curtain preparing this business

[10:53] There is no one-size-fits-all  in funding, so you need to explore, experiment, and find out what works for you

Resources and Links mentioned in this episode:

• Funding Guide 
• Fixer Advisory
• Lending Tree Article
• Nicole Marra
• Dawn Andrews 

You might also like:

• Leaving the “Perfect” Job So You Can Fly Higher
• AI Strategy Framework
• 3 Ways to Set Focused Goals

More about the “My Good Woman” podcast

My Good Woman is a podcast for bold female leaders hosted by me, Dawn Andrews! Grab a seat at the table for candid conversations with culture-shifting, glass-ceiling-busting, trailblazing women, leading enterprises that are changing the world. Follow along so that you can catch all of the episodes. And before you go, leave us a review!

Want to increase revenue and impact? Listen to “My Good Woman” for insights on business strategy and female leadership to scale your business. Each episode offers advice on effective communication, team building, and management. Learn to master routines and systems to boost productivity and prevent burnout. Our delegation tips and business consulting will advance your executive leadership skills and presence.