Understanding Your Business Funding Options With Brandon Shelton

Business funding has many options. You may want to start a business but how are you going to pay for it? What type of business are you going to start? Is a service-based business? Or is it a product based business. My guest today is here to break down your business funding options and the business types they work best for. This is the third part of my series on military entrepreneurship. In part one, Jen Pilcher the CEO of Patriot Boot Camp (PBC) shared the ins and outs of utilizing PBC to help kick start your business. In part two, I talked with Nick Bradfield the Regional Experience Director of Bunker Labs about how you can get local help to help build and grow a business. My guest, Brandon Shelton is a strategy leader, a problem solver and a relationship builder. He led the grassroots effort that became Task Force X, a driven network of experts and advisors that evaluate talent and develop entrepreneurs and businesses. A veteran entrepreneur himself, Brandon first founded T2 Growth Advisors to help teams design and activate strategic frameworks to reach their goals. Brandon developed his financial, strategic and operational skills through various experiences in high intensity and change environments from the military after 9/11 to Wall Street in 2008. Using military principles, Brandon helped client teams grow while a partner at a boutique strategy consulting firm with his largest client hiring him to drive growth, expansion and technology changes at a multi-billion dollar company in North America. Brandon founded T2 Growth Advisors to connect these skills to startups and small businesses. He also is a Board Director at NAVSO, a nonprofit organization dedicated to improving the lives of veterans and military families and a Board Director at StreetShares Foundation, America’s small business funding community. And last but not least, Brandon is also one of my mentors from Patriot Boot Camp.

Understanding Business Funding

In this episode, Brandon shares with us the common ways to fund a business, what venture capital is and how to figure out what the best business funding for you. I’m sad to report we weren’t able to do game time this episode but it was for good reason. I had so many questions about funding your business that we ran out of time. I’ll have Brandon back on to play game time and to talk more about entrepreneurship in the military. Stick around for What’s on Lacey’s Mind where I chat about a new method to help you build healthy habits.

Business Funding Episode

Business funding methods
What venture capital is
When it’s ideal to use venture capital
Service vs product businesses
The pros and cons of venture capital
The reality of Shark Tank
Information vs Intel in business
Should you wait to start a business after the military

Business Funding and Podcast Resources

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