Do you really need to raise capital? (Season 2, Episode 7) [Video]

So far in our ongoing Startup Takeoff series we’ve touched on a number of myths around launching your business. But the Funding Myth – that you need funding to get your business off of the ground is so pervasive that we’ve opted to give it its own episode. Today we’ll cover the myths of early funding and help you understand if funding will help – or hurt – your business.

Spotify:
https://podcasters.spotify.com/pod/show/startupdifferent/episodes/Do-you-really-need-to-raise-capital–Season-2–Episode-7-e2g0d3q

Website:
https://www.startupdifferent.com

YouTube Channel:
https://www.youtube.com/channel/UCGLFgAAN58OJ_py606vtpKw

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https://podcasts.apple.com/us/podcast/the-startup-different-podcast/id1707691707

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00:00 Intro
01:57 The Myth of Funding
04:21 Bootstrapping Vs. Funding
07:25 The Reality of Startup Failure
09:18 The Cost of Funding
10:18 The Time and Effort of Pursuing Funding
12:50 The competitive Vulnerability of Funding
15:44 The Misalignment with Investors
18:38 The Impact on Company Culture
24:48 Focus on Profit and Customer Funding (Sales!)
27:39 Conclusion