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When starting a business, your first investor should be yourself-either with your own cash or with collateral on your asset. This proves to investor and bankers that you have a long term commitment to your project and that you ar
When starting a business, your first investor should be yourself-either with your own cash or with collateral on your asset. This proves to investor and bankers that you have a long term commitment to your project and that you are ready to take risks
Very correct. Self funding remains the best and should always be the first capital source for a new business. Although, it may not be enough but it is always a good way to start. As the business expands, one can look for other means like investments.When starting a business, your first investor should be yourself-either with your own cash or with collateral on your asset. This proves to investor and bankers that you have a long term commitment to your project and that you are ready to take risks
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