After years of bootstrapping and proudly proclaiming myself to be a debt-free business, I learned certain kinds of growth require significant money—and yes sometimes that means other people’s money. That’s not to say that most entrepreneurs don’t get off the ground with a starter boost from self, friends, and family. A few statistics from the survey are very telling about the stresses and challenges of seeking and using other people’s money effectively. The respondents to Kabbage’s survey are in the throes of using other people’s money, and their stress levels are not pretty. Get to work on keeping more of that “starter batch,” and use other people’s money wisely, so you can transform that capital into a “scaler’s batch.”

Source: Forbes February 28, 2019 14:34 UTC