Welcome to the Smart Startup English Podcast!
Our goal is to help startup professionals take their English from intermediate to advanced in just 10 minutes a day. In each episode, we’ll talk about a topic related to the startup world, and we’ll learn some vocabulary that you can use to sound more natural in your day-to-day business interactions in English.
In this episode, we’re talking about raising funds. If you’re a startup founder, how did you get your first dollar? (Or euro? Or yen?)
They say that money makes the world go round. But when you’re a startup founder, getting money doesn’t always come easy.
When your startup is brand new, you might need to do a bit of bootstrapping. That means you’ll be using your own money or your own resources to start your business.
When you’re bootstrapping, you’re not taking money from anyone else. Maybe you’re using your personal savings, using your own home as an office, or you’re not paying yourself a salary.
Maybe you’re even bringing in a bit of revenue with your product, but your focus is still on keeping your expenses low.
In this lesson, we’ll teach you 12 Business English terms you need to know about raising money.
A few words we’ll talk about are:
- bootstrapping
- to gain traction
- to vet a startup
Here’s the episode audio. To get our episodes for free, you can also subscribe to the Smart Startup English podcast on: iTunes, Soundcloud and Spotify.
If you want to keep practicing the words you’ve learned in this lesson, sign up to get access to a free worksheet based on this episode. Doing the exercises in the worksheet will help you transfer the knowledge from your short term memory to your long term memory.
If you want to keep learning, here’s another episode you can listen to:
Episode 1 – Three tips for attracting talent as a startup
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Image credits: Brandon Couch via Unsplash