Raising capital - a roadmap

Although cash from sales is the cheapest and best form of funding, there may be a time that it's right to gain the leverage an investor would bring.  No matter what funding you end up with remember to start early... we like this proverb:  

"When you are thirsty, it's too late to dig a well." Japanese Proverb.

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Jon Moulton on how entrepreneurs should seek private equity money