Asked by Daniel Wilen on Feb 18, 2024
Verified
Most entrepreneurs choose to seek out angel investors or other external investors in the beginning.
Entrepreneurship
A way of thinking, acting, and being that combines the ability to find or create new opportunities with the courage to act on them.
- Identifying the different types of investors available to entrepreneurs
- Evaluating the benefits and drawbacks of seeking angel investors or external investors
- Understanding the importance of external funding for entrepreneurs
Verified Answer
LA
Lauren Ahrens
Feb 18, 2024
Final Answer :
False
Explanation :
Many entrepreneurs start by bootstrapping, using their own resources or borrowing from friends and family, before seeking external investors like angel investors.
Learning Objectives
- Identifying the different types of investors available to entrepreneurs
- Evaluating the benefits and drawbacks of seeking angel investors or external investors
- Understanding the importance of external funding for entrepreneurs
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