Trying To Raise Venture Capital Is A Waste Of Time

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		TECH MEDIA WALL STREET MARKETS STRATEGY SPORTS TOOLS POLITICS VIDEO Wednesday, March 30, 2011 INSTANT MBA: Trying To Raise Venture Capital Is A Waste Of Time Advertisement Today's advice comes from Donna Fenn, contributing editor of Inc. Magazine and author of "Are You An Upstart?": "Forget about venture capital. Only about 4% of all startups get it, and you're probably not going to be one of them. I happen to think that bootstrapping is absolutely the best way to start a company. It teaches you discipline, how to manage resources, and it forces you to be very creative and innovative. There's nothing wrong with sleeping on a futon and eating Ramen!" Donna Fenn, Contributing editor of Inc. Magazine and author of "Are You An Upstart?" Want your business advice featured in Instant MBA? Submit your tips to tipoftheday@businessinsider.com. Be sure to include your name, your job title, and a photo of yourself in your email. Visit War Room for head-snapping advice and profitable insights for entrepreneurs, small businesses and managers. » Share this email: Buzz Facebook Twitter Digg Reddit StumbleUpon The email address for your subscription is: dwyld.kwu.careers@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to War Room RSS Feed Business Insider. 119 Fifth Avenue, New York, NY 10003 Terms of Service | Privacy Policy

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