8 tips on raising capital from people who’ve been there

8 tips on raising capital from people who’ve been there

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If it’s time to raise money for your business, why reinvent the wheel? Learn from these eight folks who have been there before you. Here’s one tip:

Put away the pride and take the first step – ask!

“One of the biggest startup mistakes I made centered on asking for funds – or rather, my failure to do so. Asking for money is hard because pride stands in the way. People want to portray the image that things are going great and that they don’t need help. But in reality, startups need money to succeed. Throw your pride out the window so you can do what’s best for your company. Time your request carefully and ask for the right amount. Capital is the lifeblood of a startup, and if you don’t have the right amount at the right time, you’re done before you’ve even started.” John Hall, CEO of Digital Talent Agents.

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