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Whether you are starting up a new business or launching a new product line, you may need capital to get it going. After all, the more capital you have the more leverage you have to make it a success. There are many ways to acquire the cash flow you need to get going, among them crowd sourcing which we have discussed on prior shows.
This week, your Small Biz Big Shots, Steve Smith and Ken Rubin take a look at a few businesses that have used crowd sourcing to gain the resources they need bring their products to life. We'll take a look at each and determine how viable these business ideas are compared with the funds their owners are seeking.
If you are looking for capital to start or grow your business, it all boils down to what you plan to do with other people's money that will determine if you get the money you need.
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