Three Reasons Why It’s Better To Secure Actual Funding Than Venture Capitalists

Bootstrapping, or using your own means to help your business succeed, is a road less taken by entrepreneurs. It is a difficult route that promises countless days of no sleep and no guarantees of success. However, if you provide the funding from yourself or with the help of people willing to help you, you get the following advantages.

1.    You Understand Everything

Every part of your business is taken into detail, or else you risk losing your business. You clear up your strategy, find the true vision you want with your business and you implement them upon your whim. You couldn’t understand everything when venture capitalists or other investors try to pounce on your parade.

2.    Growth

As even if your business profits are still wavering during the start, you develop a self-control mechanism to manage your growth. Hiring people based on your profits allow you to remove the risk of over-hiring. Because you are your own boss who funded your own business, you allow yourself the proper timeframe to grow your business. The best part is, you’ll never lose in this route.

3.    You Get All The Equity

Because there’s no investor or venture capitalists dominating the business, you have all the rights to the produce you have with your business. You get all the equity and shares of the business, unless you decide to create an IPO and have public investors help you expand your business.