Raising “Patient Capital” for Your Business
11-year-old entrepreneur Brook Bignell has projects cooking
If you've been complaining to friends and relations (and anyone who'll listen) that entrepreneurs just can't get access to capital, stop! There are more options for startup financing than ever before. From debt financing in the form of in-your-mailbox credit card offers to equity financing from business angels, the saavy entrepreneur is faced with numerous options.
What's not available, however, is “patient capital”--funding from people who don’t expect immediate returns on their investment. Let me explain why this type of funding is so critical and where to find this form of investment to make your business a success.
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Labels: business, entrepreneur, money, startup
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