SOFX ALERT
Smart Entrepreneurs Build Startups Without Investors | AlleyWatch

Smart Entrepreneurs Build Startups Without Investors | AlleyWatch

In my experience as an advisor to aspiring entrepreneurs, I often encounter the myth that an initial startup requires investors. The reality is that over 80 percent of new businesses will never attract venture capital or angel funding, according to experts, and there are many good reasons for skipping that painful and distracting process. Outside funding is not a startup entitlement.

The media tends to highlight experienced entrepreneurs who succeed with early new venture funding, like Uber’s Garrett Camp, but fail to point out the more common bootstrapping successes.

Source: Smart Entrepreneurs Build Startups Without Investors – AlleyWatch