How can minorities groups best finance startup business with no savings, fair credit, and relatives in poor financial situations?

Start small and then grow up

I fully agree with the answers been added by EXPERTS..................Thanks

The traditional Silicon Valley startup is rooted in the assumption that the founders have the ability to sustain a substantial financial risk.That could be a large amount of savings or relatives with deep pockets able to support the founder if things fail. It also suggests a lack of dependents.The expected trajectory for such a startup is to grow it from a simple MVP to something that can provide an enormous return to its investors.Right now, that seems to mean "get a whole bunch of users, then figure out a business model much later."But it doesn't have to be that wayInvestors have flocked to software for a simple reason: software is cheap, instantly replicable industrial automation. So if you stumble upon a business that's valuable and built on software?You can make an enormous amount of money. The only limits are your abilities to scale the sales and technical infrastructure.But the advantages that appeal to investors can be enjoyed without their participation.If you can discover a problem that's solvable by software, then build the tech necessary to solve it, you can also collect a fee for its use.You can get that fee from10 people or10,000. Mostly, the software won't care.Extracting these fees will require a third-party to help out: either a payment processor, like Stripe, or a platform vendor, like Apple. Not all businesses will be compatible with all fee extraction regimes.But: by building this industrial automation and selling it yourself, you can build up a passive income stream that further funds business operations.  The more streams, the bigger the business.And maybe what you build won't be a $1 billion company.But maybe it could be a $10 million company. That'd be $10 million you get to keep entirely for yourself and your compatriots.The best way to finance your software enterprise is the way that makes sense for your circumstancesVenture Capital is optimized around very specific economic privileges.But software's economics can work for anyone who's willing to risk time and energy. No, you can't build Facebook or Twitter alone in your spare time. You can probably build small, useful tools, though.Figure out how to make money from enough of them, and you're all set on financing.

The traditional Silicon Valley startup is rooted in the assumption that the founders have the ability to sustain a substantial financial risk.That could be a large amount of savings or relatives with deep pockets able to support the founder if things fail. It also suggests a lack of dependents.The expected trajectory for such a startup is to grow it from a simple MVP to something that can provide an enormous return to its investors.Right now, that seems to mean "get a whole bunch of users, then figure out a business model much later."