Back
Sairaj Kadam
Entrepreneur • 4m
Yes, you're right. Funding is great when your idea has massive potential and can generate a lot of money. But here's the thing—when you take money from investors, you're also bringing their ideas and expectations into your business. So, when you're building something personal, I’d say don't go for funding. If your idea isn't driven by a huge passion for profit, but you think it can help people and has potential, then start it, get the money, and go ahead. But, be careful—when you accept funding, you're inviting someone else's expectations into your business, and most of the decisions will end up being theirs, not yours. If the idea is truly yours and you’re passionate about it, bootstrap it. When investors enter, their expectations can clash with yours, and it won’t take long to derail your business. The idea is yours, but the money is theirs, and that creates a power imbalance. There are many factors to consider. That’s what I think.
More like this
Recommendations from Medial
Download the medial app to read full posts, comements and news.