If you are an entrepreneur you are unlikely to find your capital from one source. In order to get your capital together you may need to tap into your existing network of friends and family as well as grow your acquaintances. To utilize your network, you need to brainstorm and draw up a list of people that you are acquainted with. Next, you need to narrow down that list to those who are likely to lend you money. Finally, you need to create a shortlist of those people who are the most likely to offer you a loan.

While brainstorming for names for your list, think of family, friends as well as anyone else with whom you have an existing relationship. First, include those people who are closest to you. The next set of people could comprise those who you already have a business relationship with such as associates, past employers, supervisors etc. You could also tap into those people whom you have lost touch with or are in contact only once in a while. Think of professors, coaches, mentors or anyone else who would like to see you successful. When you begin writing the names of your family and friends, also include their contact details along side their name.

For business contacts, list their email addresses or contact phone number next to their name. For the last set of people - those whom you are not in regular touch with - try getting their contact details from your address book, alumni directories, employee rosters etc. If you are not satisfied with the results of your list, ask a friend or family member to help you out. You might just come across a few names that you may have forgotten to include.

The next step is to narrow down the list. Just retain those names whom you feel will be able to afford to invest, have some experience of business, and who are comfortable borrowing from. Strike off those names that you are wary of getting into a financial obligation with. Keep in mind that those who are entrepreneurs themselves are more likely to understand your need and be willing to support you. If you feel asking a friend or family member for a loan could create a strain on the relationship, weight the consequences before approaching them. Make sure your personal relationships do not have to bear the brunt of your business decision.