Successful Entrepreneurs: You Just Have to Ride the Bear!

Here is an article that I thought you might find interesting!  It is about the things you need to remember as you start your business on the road to success!

Is it easier to start a business today than it was 25 years ago. The emphatic answer was NO! It’s much harder today. Raising capital for a start-up is very tough, and don’t even try to go to a bank. They won’t lend to anyone without some collateral and only a vision. Most people used to use the equity in their homes to start businesses, but now few people even have equity in their homes, so that won’t work. Angel investors and those affectionately called the three “F’s” (friends, fools, and family) are the only alternatives. Crowdfunding can work, but it takes time to get it done.

To read the complete article click here.—

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