Thursday, July 15, 2010

Raise Capital For Your Business By Not Wasting It

Using money in a business for things you absolutely don't need seems to be a problem for many a business owner. Then they are left scrambling for some capital, when they probably have much of it available all along.

What's the biggest trap many entrepreneurs fall into? The old adage "Fake it until you make it." comes shining through for many of them. They try to appear successful, and spend a pretty penny trying to accomplish that lie. Spending ridiculous amounts of money on cosmetic things when the business doesn't even need it. Trying to dress like a Fortune 500 CEO, or just plain live like one when you can barely keep your doors open probably isn't a wise use of your cash. There is a time and place for all of that, but certainly not for MOST business owners when they are getting started. It's not like you are running an apidexin scam and need to look like an upstanding citizen are you?

Here are 10 ways that Entrepreneurs waste money.

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