There comes a time for most entrepreneurs when the idea of using somebody else’s invested capital to grow their business seems like the way to go. Whether this thought process occurs in the initial formation stages or after the business has proven itself, raising funds can be a harrowing experience. One of my former clients (who had also completed U.S. Army basic training) once told me that the capital raising process was the most humbling and soul-crushing experience he had ever been through.
