XQBL Solution

XQBL Solution

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03/31/2023

According to the SBA, the # 1 reason why entrepreneurs fail to launch and grow successful companies is “lack of funding”...
This mean, if you don’t have any money or funding, you can’t even start your business in the first place...
And even if you do start it, if you have too little funding, chances are you’ll go out of business!
So, how do you find investors to fund your company?
The first thing you need to do is to choose the right type of investor...
There are 2 main types of investors: individual investors and institutional investors.
Now, most likely, you should be seeking angel investors and NOT venture capitalists....
Here’s why...
To begin, most venture capitalists won’t invest less than $2 million in a company, which is often too much money for a startup...and would cause you to give away too much control of your company...
And, most venture capitalists won’t invest in companies unless they have already accomplished several milestones (such as having a developed product and customers)...
That’s why most venture capitalists fund companies who have raised angel funding FIRST...
So, while venture capital might be perfect for your company later, in most cases you need to first raise angel funding...
In addition, it is MUCH easier to raise angel funding than venture capital funding...

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