A guest blog
How much is too much?
*Question*: Suppose I have a business proposal or idea that I believe *can yield over a hundred million dollars per annum ($100m)* if well established
But at the moment still at ground zero because of funding – and currently seeking a funding of about *$12m from a venture capital,* how many percent shares can I give up for that amount?
One of the most common and deadly mistakes entrepreneurs make when they’re asking for capital *is asking for too much*
And if you want a potential investor to take you seriously, this is not a mistake you want to make.
*But how much is too much?* How can you know the amount of capital you’re asking for is too much?
Now, there are *3 important factors* that usually determine how much capital you should ask for
1) *The first factor is…
View original post 550 more words