Consider a Loan Instead of #vc Money
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“If you’re starting a business and you take out a loan, you’re a moron,” said firebrand entrepreneur Mark Cuban in an interview with Bloomberg.However, if you’re a budding entrepreneur, hearing or reading such things from sharks can be disheartening, especially if you’re looking to start with little to no capital. To be fair to Cuban, he did go at length saying that businesses can be launched through sheer effort. Nevertheless, it takes money to make money, even just to make it through the day.There are, however, key instances where additional significant #funding may be needed, for example, when business suddenly picks up and you have to ramp up production to keep up with demand. You’d definitely want to take advantage of such opportunities.In these situations, is getting a small business (...)