Funding Your Dream Business Startup.

In this episode, Loraine explores opportunities for finding and securing funding for your Dream Business Startup. Best Moments 1. The discussion highlights the systemic challenges in traditional venture capital, noting that while almost 40% of startup owners in Europe are women, companies founded by women receive only 2.4% of total venture capital funding. However, this statistic is reframed as "permission to stop playing a game that wasn’t designed for you". 2. We examine the internal hurdle of a "scarcity mindset" the deeply ingrained belief that there isn't enough opportunity or support. This paralysing mindset leads to risk aversion and accepting limitations. The powerful counterpoint is introduced: "poverty loves foot dragging," while speed, decision, and action are the habits of abundance. 3. Listeners are encouraged to shift from passive worrying to an active, opportunity-focused state of doing. The principle "money loves speed" is explained as a law where acting on an idea as fast as humanly possible creates an energy that helps attract more money, echoing the concept that "the universe loves speed". 4. Grants are highlighted as the best kind of funding because they are a primary source of debt-free money—meaning founders don't give up equity and do not have to pay the money back. Corporate partners like Poker Power, BOTOX® Cosmetic, Visa, and Caress have created major grant programs through IFundWomen (IFW). 5. The most efficient strategic move a founder can make is to fill out the IFundWomen Universal Funding and Grant Application. This single action places the founder in a central database, which IFW uses to match founders with opportunities when they partner with brands. Key Takeaways • Mindset is your most powerful asset: Acknowledge that the funding gap is real, but recognize that shifting your mindset from scarcity to abundance is the critical foundation for success. • Embrace Immediate Action: Apply the principle that "money loves speed" by taking immediate, decisive action on your ideas instead of waiting for the "perfect" moment. • Tap into the Diverse Ecosystem: Don't focus solely on VC; instead, tap into the rich ecosystem of grants and supportive organisations like IFundWomen, Female Founders Rise, Ladies Who Launch, and the Tory Burch Foundation. • Take One Concrete Step Today: The only wrong choice is inaction. Your homework is to take immediate action, such as filling out the IFundWomen Universal Application or exploring the Tory Burch Funding Finder to give your dream the momentum it deserves. Follow on more platforms Support the Podcast Invitation To Join Skool As A Creator