Payment for Experts

Hallo, I have an application for a project in the field of biogas plant. This biogas plant project need expertises from different fields of area to be cooperated (e.g. nanotechnology experts, wastewater experts, biogas experts, electrical experts, mechanical experts, etc). The problem is this is my first project and up to now, there is no investor behind the project who can provide financial to pay experts for the project. How can experts be paid in this case?
Siti FauziahAsked:
Who is Participating?
I wear a lot of hats...

"The solutions and answers provided on Experts Exchange have been extremely helpful to me over the last few years. I wear a lot of hats - Developer, Database Administrator, Help Desk, etc., so I know a lot of things but not a lot about one thing. Experts Exchange gives me answers from people who do know a lot about one thing, in a easy to use platform." -Todd S.

mlmccCommented:
Caveat - not an accountant.

One way is obviously out of your pocket.  Take out a small business loan, mortgage your house, personal loan, etc.

Recruit experts willing to take the plunge with you.  Offer them a percentage of the business/project.

Contract with them on a deferred payment basis.  Let them carry you for a few months with the expectation that you will pay them at a slightly higher rate than normal or at a fixed interest rate.

Is this something you are doing on your own (your idea) or have you be hired/contracted to run this?  Are you being paid to do this?

mlmcc
0

Experts Exchange Solution brought to you by

Your issues matter to us.

Facing a tech roadblock? Get the help and guidance you need from experienced professionals who care. Ask your question anytime, anywhere, with no hassle.

Start your 7-day free trial
xtermieCommented:
You can try to raise funds via the Internet on one of the crowd funding sites like
CrowdRise, CrowdFund, GoGetFunding etc. and then recruit experts
or follow what mlmcc says
0
xtermieCommented:
Answer was provided but author did not get back to experts
0
It's more than this solution.Get answers and train to solve all your tech problems - anytime, anywhere.Try it for free Edge Out The Competitionfor your dream job with proven skills and certifications.Get started today Stand Outas the employee with proven skills.Start learning today for free Move Your Career Forwardwith certification training in the latest technologies.Start your trial today
Project Management

From novice to tech pro — start learning today.

Question has a verified solution.

Are you are experiencing a similar issue? Get a personalized answer when you ask a related question.

Have a better answer? Share it in a comment.