@nerdydad said in I am going to start an ISP:
So this topic is now going to turn a little business-y.
Best way to get funding. What is it? Basically assume that everybody around me is poor and cannot pitch in. What are the different types of investing along with each pros/cons?
There are a few ways to go here. We have financed build out rounds the same way we financed our original WISP startup. Get equipment for 100 subs, marketing and overhead covered for 6 months. At startup apply for an SBA loan so it will become available at the 6 month mark, that will carry you to 18 months.
Otherwise I would boot strap it if you plan to start small and be small for a long time.
Once you have 100 subs I know lots of people that would get behind a first series round to fund a build out.
It comes down to, do you have great credit? Do you have a truly great market with 500 sub potential?