April 2022
Beginner
656 pages
17h 51m
English
Chapter 2
IN THIS CHAPTER
Making a money plan
Using your own money first
Looking for an angel this side of heaven
Using venture capital
Selling stock through an IPO and other sources of capital
Protecting your business plan
Two common attitudes about start-up funds make the search for funds much more difficult. They are
If you’re thinking like this, stop right now. First of all, why seek more investment money than you absolutely need? Every bit of capital invested in your business costs you some equity (ownership) in your company. Besides, having too much money may lead you to make poor decisions because you don’t think as carefully as you should about how you spend that money.
Secondly, although it’s true that ...