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Smart Business Start-ups by Infinite Ideas

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26. Selling out before you have begun

There are times when you can’t do it alone and another individual must be brought in to make your business happen. This is not necessarily a bad thing if you know what you’re looking for.

Yes, you’re selling out, but what is better: making your business a success or proving that you like banging your head against a wall?

While many of us would like to handle every aspect of the business and retain complete control, sometimes we have to compromise to get the project off the ground. If you, like most new businesses, require funding to start the ball rolling, there is often more sympathy and respect given from banks and other lenders if you have already convinced another party to help share the risk and invest ...

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