Stage 5: Needs to Raise Money

Many steps must be taken before a company should attempt to raise money.

Virtually all entrepreneurs focus on the need to raise money, and rightly so.  “Overnight” company successes often take five or more years!  Unfortunately, most entrepreneurs start seeking investors far too early, not realizing how difficult and time-consuming the process is.  Competition for investment dollars is incredibly high, and only companies thoroughly prepared for the process have a chance at success.