[Email readers, continue here…]<\/em><\/span> If you have no intention of giving up ownership or even control over time, state that early and plan accordingly.\u00a0 Assume that your sources of One thing that becomes obvious when there are no investors looking over your shoulder is that you can plan for a pacing of your \u00a0 \u00a0growth, focusing upon long term strategies that might be very comfortable for you but not so much for outside investors.\u00a0 (You may recall my story of the company that was forced to grow to death by a famous venture capital investor expecting massive profit or nothing, with no expectations in between.)<\/p>\n Evergreen companies can focus upon profit as more important than rapid growth, upon customer service above immediate profit, and upon people first before all of these.\u00a0 For some, that comfort is worth forgoing building high equity value.<\/p>\n In fact, sometimes entrepreneurs will do better financially just taking profits over the long run that they might have building equity for an ultimate sale.<\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" Taking money from professional investors such as angels or VCs usually requires that you agree to seek an exit for those investors in your plan, often targeting five to seven years as the ideal period for growth before a liquidity … Continue reading ![\"grow\"](\"https:\/\/berkonomics.com\/wp-content\/uploads\/2015\/05\/grow.jpg\")
<\/a>funding will be limited, but that one hundred percent of less is perhaps more attractive than fifty percent of more, given the restrictions usually placed upon management of companies using outside investment funds.<\/p>\n