Funding hardware purchases can be a significant challenge for many entrepreneurs. Here are some popular methods:
Bootstrapping: Using personal savings to fund hardware purchases. Venture Capital: Seeking investment from venture capitalists who provide funding in exchange for equity. Crowdfunding: Raising small amounts of money from a large number of people, usually via online platforms. Bank Loans: Obtaining loans from banks or financial institutions that must be repaid with interest. Grants: Applying for grants from government agencies or private organizations that do not require repayment.