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How to Finance Your Startup Without Selling Your Soul

The rise of many prominent, self-made business moguls has led to a lot of discussion about what it takes to be a successful entrepreneur. If you’re considering starting your own business, you need to ensure your focus is clear and your plan is actionable. The following steps should help you maximize your chances of launching a successful startup:

Beginning stage

If you have the entrepreneurial spark, it’s likely you have lots of ideas. Resist the urge to pursue every new avenue. Choose the path that is mostly likely to be successful and focus on building on that idea.

All businesses need capital to get off the ground, which means you’ll have to ask for it. This doesn’t mean you should take investments from anyone. But you will need to get comfortable putting yourself and your idea out there and asking for people to support your startup financially. READ MORE