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The problem is that many of these entrepreneurs have gotten the design of their businessmodels backwards. Starting a business by trying to find a market for an already developed product usually leads to a long and often futile launch of the new venture.
I received a very timely e-mail this morning from a Belmont alum, who is trying to start a business here in Nashville. Revenues are the best source of financing we can ever hope for during lean times. Growth takes time with this approach to building a business. She wanted advice on where to find money.
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