Self-funding a startup does not require starting as a consulting company, which can be difficult to transition from
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Startups often require funding from investors 1 0 2Self-funding a startup requires starting as a consulting company, which can be difficult to transition from 1 0 2Starting a startup does not require extensive knowledge about business 1 0 2Fundraising is distracting and can halt other operations in a startup 1 0 2The amount a startup should raise depends on the startup's needs, not on the amount investors are willing to invest 1 0 2A startup will be in a much stronger position if it can make it to profitability without raising any additional money 1 0 2The real test of a startup's success is revenue, not fundraising 1 0 2Startups should approach fundraising in phases 2 and later by taking the best of the options in front of them right now 1 0 2Business skills are not essential for starting a company and can be acquired during the process 2 0 3Founders who do not leave their current employment before securing funding often find themselves in a difficult situation 1 0 2