Monday, October 20, 2008

Don't get taken for a ride.

The Right And Wrong Ways To Raise Money

http://www.forbes.com/soho/2008/09/04/dell-small-business-ent-fin-cx_dr_0904dileepraorightwrong.html

2 comments:

Rodger W said...

It happens. I've read that a company will eventually remove the founder. In that the next stage needs to be done by someone with greater experience in building long term growth. Realizing that your idea and planning is a machine without cash (oil) will just break down. Giving up a large portion of the company is ok. Only when you try to hoard it is when things don't happen. Remember someone else always has to make a profit or it won't take off. Just ask for a board seat or write it into your agreement (if you have a corp).

Cayla said...

As the second part of the article says it is so important to pay attention to all the resources available and choose what works best for you.