Why Less Is More for Startups
If only had another few million dollars to spend on…
That’s the refrain I grew accustomed to rattling off when I was getting my tech startups off the ground. I now hear it with increasing frequency from nervous entrepreneurs who can’t find 
capital and want my thoughts on what to do. I always respond with the same three-word phrase: Less is more.
Yes; it’s a cliché. But it’s the best piece of survival advice for young companies, bar none. When a company is running on a tight budget, it will perform far better than a company that has gotten a chunk of cash from VCs. While this seems like common sense, it’s actually news to many entrepreneurs (and aspiring entrepreneurs) who learned that raising venture capital is essential for high-growth companies. Read more:
Technorati Tags: Vivek Wadhwa, Entrepreneurs, VCs, David Townsend, Lowell Busenitz, Business Week, NCET, Nevada’s Center for Entrepreneurship and Technology
…
