Financial Backing For Entrepreneurs Research Paper by The Research Group

Financial Backing For Entrepreneurs
Discusses how entrepreneurs find capital sources.
# 24699 | 3,825 words | 15 sources | 2002 | US
Published on Apr 11, 2003 in Business (Companies) , Business (Finance, Investment and Banking) , Business (Small)

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Discusses how entrepreneurs find capital sources. The business plan as a capital-generating product. Available sources of capital. Need for an entrepreneur to redo business concepts of a plan in order to obtain financing. Profiles of two leading entrepreneurs: Bill Gates, of Microsoft, and Michael Dell, of Dell Computers. 1 Table. Many quotations.

From the Paper:


Grover (1998) writing in Forbes points out that in 1984, 63% of “The Forbes Four Hundred” richest Americans were first-generation entrepreneurs. Last year [1997] that number was 72%. Nearly three in four of those that are extremely wealthy got that way by investing in themselves. According to the National Federation of Independent Business, more than 4 million people every year decide to start their own businesses. Not many of these business owners get superrich but many get very rich. In the process of owning, running and investing ain their businesses most of them have experiences that they would never get working for others (Grover 146).

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