Think 10 Steps Ahead When Raising Capital

 

All entrepreneurs have lived through a cash squeeze at some point in their history.  There is nothing worse than worrying about whether you will be able to fund your next payroll or stay liquid enough to survive another day. That fear of running out of money can cause you to become desperate, willing to take cash from whoever happens to show up to save the day.  But sometimes taking that cash can have unintended consequences, that had you thought about its longer-term impact, you may never have taken that cash in hindsight. This case study will help teach you how not to make this same mistake in your business.

Read the rest of this post in Entrepreneur, which I guest authored this week.

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