To Raise Funds or Not to Raise Funds?

To Raise Funds or Not to Raise Funds?

Let’s explore one of the most critical decisions you need to make for your social enterprise.

When is the right time to raise funds, and do you really need to?

Here's the golden rule: which honestly is a bit ironic. 

The ideal time to raise funds is when you don't need to. Well, at least when you’re still at the early stages and establishing your business model. 

It’s better to fundraise for scaling purposes, not for survival. Aim for sustainability first and validate your business model thoroughly.

Why? Because when you're sustainable, growth follows. Let your profits fund your growth journey.

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