For most entrepreneurs these days, funding is nearly impossible to come by. According to the report titled, “Important Things for Entrepreneurs to Know about Angel Investors” which is distributed by the Angel Capital Education Foundation, only 1 to 4% of angel investment applicants successfully raise angel investment capital. So before you ruin your chance at securing investors, please make sure you have not committed any of the following deadly mistakes.
1. Wait Until you Need It - So many entrepreneurs make the mistake of waiting until they need the capital “tomorrow” to begin the process of seeking funding. Make no mistake about it, the process of raising capital can take months and months. Even a simple loan will require enough paperwork to kill a small tree. Ironically bankers and investors are more likely to provide you with additional capital when you don’t need it! So don’t wait until you have an immediate need to begin the funding process.
To read the full, original article click on this link: The 5 Most Devastating Funding Mistakes that Most Entrepreneurs Make | Under30CEO
