BizSugar.com › Raising Capital › Small Business and Investment

Does your small business really need investment? Bootstrap entrepreneur and advocate Greg Gianforte has famously stated that of all the things young startups need, money in the form of outside investment is not one of them. Too much funding at the outset of a business can keep entrepreneurs from focusing adequately on getting customers and bringing in revenue. In the CNN Money Small Business article attached, we see how taken to extremes this can lead to too much time spent developing products and too little time selling them, a scenario that can kill your business. There's a great temptation among startups to look for funding in the form of grants and investment. Often, it would be better to seek customers and revenue instead.