Most of the startup leaders think of
a) Raising funds
b) Selling it off
but why ?
I believe you should be able to run your business by generating profit as soon as possible, definitely it will take some time, may be 1, 2 or 3 years or even more….but 8 years is a very long time and if you are still trying to figure out how to make profit out of your business then it’s time to rethink your strategy.
Sometimes it’s essential that you have to raise funds to meet your needs, By needs I mean requirements or plans where you can clearly see that you have to invest or else you might just loose out on huge returns or the competition.