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	Comments on: Consider all resources before seeking investment.	</title>
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	<link>https://berkonomics.com/?p=1190&#038;utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=consider-all-resources-before-seeking-investment</link>
	<description>Dave Berkus&#039; business insights</description>
	<lastBuildDate>Fri, 09 Mar 2012 17:19:00 +0000</lastBuildDate>
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		<title>
		By: Weekley, Bob		</title>
		<link>https://berkonomics.com/?p=1190&#038;cpage=1#comment-4535</link>

		<dc:creator><![CDATA[Weekley, Bob]]></dc:creator>
		<pubDate>Fri, 09 Mar 2012 17:19:00 +0000</pubDate>
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					<description><![CDATA[This is really good--as is most of your emails--should be required reading of all aspiring entrepreneurs, and Angels investors..!!!]]></description>
			<content:encoded><![CDATA[<p>This is really good&#8211;as is most of your emails&#8211;should be required reading of all aspiring entrepreneurs, and Angels investors..!!!</p>
]]></content:encoded>
		
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		<title>
		By: sergi		</title>
		<link>https://berkonomics.com/?p=1190&#038;cpage=1#comment-4469</link>

		<dc:creator><![CDATA[sergi]]></dc:creator>
		<pubDate>Wed, 29 Feb 2012 08:22:40 +0000</pubDate>
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					<description><![CDATA[Never better said. Money follows money ;)]]></description>
			<content:encoded><![CDATA[<p>Never better said. Money follows money 😉</p>
]]></content:encoded>
		
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		<title>
		By: Kelly Tompkins		</title>
		<link>https://berkonomics.com/?p=1190&#038;cpage=1#comment-4457</link>

		<dc:creator><![CDATA[Kelly Tompkins]]></dc:creator>
		<pubDate>Tue, 28 Feb 2012 19:37:16 +0000</pubDate>
		<guid isPermaLink="false">https://berkonomics.com/?p=1190#comment-4457</guid>

					<description><![CDATA[As a disciple of Berkonomics, Dave&#039;s comments really hit home for me today! I have been self-financing the turnaround of my business and struggling to raise an investment round. This has forced me to dig deep and use my own resources to finance the business and now I am starting to see the light at the end of the tunnel! Revenues ramping, major customers signing up and tracking towards profitability. 

The conclusion I have come to is that as an entrepreneur you need to drive to profitability first and then look at your financing options. If you need capital to get to profitability, the best option is a strategic investor that shares and understands the vision and can help you grow the business.]]></description>
			<content:encoded><![CDATA[<p>As a disciple of Berkonomics, Dave&#8217;s comments really hit home for me today! I have been self-financing the turnaround of my business and struggling to raise an investment round. This has forced me to dig deep and use my own resources to finance the business and now I am starting to see the light at the end of the tunnel! Revenues ramping, major customers signing up and tracking towards profitability. </p>
<p>The conclusion I have come to is that as an entrepreneur you need to drive to profitability first and then look at your financing options. If you need capital to get to profitability, the best option is a strategic investor that shares and understands the vision and can help you grow the business.</p>
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