The $100 MBA Show MBA1839 Should You Get an Investor When Starting a Software Company?
File this under “questions we get a lot.” If you want to start a software business, do you need outside money?
Well, it depends.
Our SaaS business, WebinarNinja, is 100% self-funded. Omar used his own money to get it going, and it’s been running on its own steam ever since. But that doesn’t mean self-funding is the right decision for everyone.
It all depends on your goals.
Today, we discuss the ups and downs of taking investment, and alternative ways to get the capital you need. Software is a special animal, one that requires a concrete plan to get off the ground. Tune in, and see which you need more: investment, or control.
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