Episode Details

In today’s Startup Therapy Podcast, Wil and Ryan discuss whether you need to raise a huge capital in order to have a successful Startup. How much money do you actually need to scale your business? Do you need to raise money quickly in order to scale up quickly? The thing is, having lots of capital does not mean success right away. There are some cases where Startups raised a lot of money in the beginning but ended up getting bankrupt. You see, it’s not all about having a lot of financial resources. You gotta have skills, connection, and the right amount of luck too!

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Resources:

• Startup Therapy Podcast 
• https://www.startups.com/begin
• Join our Network of Top Founders 
• Check in with us on LinkedIn | Wil Schroter | Ryan Rutan

What to Listen For

• 00:00 Intro
• 02:56 The best companies raised capital
• 07:32 Where does scaling quickly come from?
• 10:40 Lots of capital is not equal to sure success
• 15:32 You can’t create artificial growth
• 18:15 Betting someone else’s money
• 20:58 The walking dead of the funded
• 28:06 Seeing things from the bootstrap side to the funded side