How to Know When It's Time to Raise Money for Your Start-up

The WorkSmart Podcast With Morgan DeBaun

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3+ y ago 38:52

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Should you or should you NOT raise venture capital? While fundraising might seem like the ‘IN’ thing to do, the decision to give up equity for capital should not be made lightly. Deciding on the next best step for your business requires strategic thinking and maybe some extra help from an advisor or mentor. In this week’s episode, Morgan takes you behind the scenes to listen in on a coaching call with WorkSmart alumna and entrepreneurial success story Carolina Contreras. Carolina opened a hit salon in the Dominican Republic. After years of positive momentum and hard work, she opened a second location in NYC, right before the pandemic hit, and is now in the process of opening a third location in Boston. Carolina is also kickstarting her very own product line. In her current phase of fast growth, she wrestles with whether or not to raise capital and, if so, how to go about it.

Click here for detailed Show Notes and this episode's Freebie: https://morgandebaun.com/episode7/ Click here to connect with Carolina: https://www.instagram.com/miss_rizos/?hl=en Click here to follow the WorkSmart Podcast on IG: https://www.instagram.com/theworksmartpodcast/

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