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The Customer-Funded Business

Start, Finance or Grow Your Company with Your Customers Cash
The Customer-Funded Business Image
Who needs investors? More than two generations ago, the venture capital community VCs, business angels, incubators and others convinced the entrepreneurial world that writing business plans and raising venture capital constituted the twin centerpieces of entrepreneurial endeavor. They did so for good reasons: the sometimes astonishing returns theyve delivered to their investors and the astonishingly large companies that their ecosystem has created. But the vast majority of fastgrowing companies never take any venture capital. So where does the money come from to start and grow their companies? From a much more agreeable and hospitable source, their customers. Thats exactly what Michael Dell, Bill Gates and Banana Republics Mel and Patricia ...


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