Why you may not want to take on external funding
31 Jan 2020
In our last talk, we discussed why - in many cases - funding isn’t needed to build a lasting, impactful business. We also discussed what everyone does need. If you missed it, I recommend taking a look.
In this video, I want to go deeper. I get it; the lure of external funding feels strong, maybe even exhilarating sometimes. But, it really might not be in your best interest, especially if you focus on a profit over growth business model.
Here’s the thing: the day you take external funding, your life will change. Funding always comes at a cost.
While we’re trained to think that means all great things, but, it might not be the case. What if the changes were negative? What if it changed the entire course of your business? What if you lost what you value most: your freedom?
Want to learn more? Check out the video below. Have questions? Comments? Opinions? I’d love to hear them. Share below!
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