RAISING CAPITAL FOR YOUR BUSINESS

 Don’t Rush to Raise Capital For Your Business

When he started LetterDash, he didn’t need or want to raise capital. He explained that raising capital only adds layers of complications and pressure.

“These pressures come in many forms — pressure to grow fast, pressure to hire, pressure to put up numbers.”

And this pressure can lead to bad decisions, he warns.

In the end, he started the business with a bank account of zero, no framework, and no plan.

There was nothing but an idea. He says that all you need in the early days is the commitment to grow from there.


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