fbpx

Funding Mistakes Entrepreneurs Should Avoid Explained In Video

Funding Mistakes

Entrepreneurs make notable mistakes when raising funds. These funding mistakes have been explained in this video. Are you trying to raise funds, these funding mistakes may be the reason why investors have not said yes to you yet.

Unless your business is to be funded solely by you, maybe you are a distant cousin to Otedola or you come from old money, you need to source for the funds to run your business. And that singular act has been a bone of contention for startup entrepreneurs.

Start Your Business In 30 Days

See also: Questions Venture Capitalists Ask Before Investing And How To Find Them

 It can be difficult to know where to start when looking for startup funds, especially if you are new to the business world. Furthermore, if this is your first time attempting to grow a business, you are more likely to make mistakes.

The process of funding your business is extremely important because it can make or break your company. But while many entrepreneurs know this fact, not many have successfully secured one.

Check out this list of opportunities for Entrepreneurs

It’s either the business run on a smaller scale with money they can afford or they take up short-term loans that do not do much for the business.

This is not to scare you into running a medicare business, but to seek funding in the right and result-guaranteed way. This video will be highlighting those funding mistakes that have hindered many startups and small business owners from growing through its trajectory. 

See also: Entrepreneur And The Law: The Ultimate Legal Guide To Doing Business In Nigeria

Funding Mistakes To Avoid When Seeking Start-Up Funding

Here are the funding mistakes we’ll highlight in the video, below;

1. Lacking a Good, Solid Business Plan

2. Going Into Too Much Detail Too Early

3. Exploring Only a Few Funding Options

4.   Reaching Out To Investors Without Doing Your Research

5. Asking For Too Much Or Too Little Money

6. Giving Away Too Much Equity

7. Getting Swindled

Watch this video to the end to understand the steps to take to avoid making these common yet destructive funding mistakes.

Start Your Business in 30 Days

Have you ever sought funds before? How was your experience? Tell us in the comment section.

Share:

Facebook
Twitter
LinkedIn

Leave a Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Join Entrepreneurs Family

No spam, only business insights and tips. 

Entrepreneurs Sign Up

Business Registration

Most Popular

Join Entrepreneurs Family

No spam, only business insights and tips. 

Entrepreneurs Sign Up

Related Posts

Steps to launch a business

10 Essential Steps to Launch a Business in 30 Days

There are steps to most things in life. Sometimes, we struggle when we fail to follow the steps. Starting a business is no different. There are essential steps to launch a business. Starting your own business is an exciting adventure. The idea of turning your passion into profit and being

Benefits of entrepreneurship

The Benefits of Entrepreneurship: Why Start Your Own Business?

In a world driven by innovation and opportunity, the idea of entrepreneurship has never been more enticing. The concept of being your own boss, charting your destiny, and reaping the rewards of your hard work is alluring to many. But what are the concrete benefits of entrepreneurship, and why should

Scroll to Top

Join Entrepreneurs Family!

Get access to FREE business insights and funding opportunities daily.

Entrepreneurs Sign Up