Entrepreneurs, is your business investment ready? | Startups: "ootstrap it yourself
Find a way of financing the business yourself (between the founders) to get the business past a proof of principle stage. This is important for many reasons:
a) By self-funding, you are able to create real, tangible value in the business, so when you begin talking to outside investors you have a more valuable proposition. This helps your negotiating power and should result in you getting a much more positive equity-for-cash deal."
'via Blog this'
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