Regardless of market conditions, anyone can raise internal capital. Raising internal capital requires a deep look inside operations – physical, virtual and mental.
During the recent downturn, many of the companies I advised were discouraged by the lack of capital available. As the number of VC funds declined 30% to 1,183 in 2010, companies looking for capital were left with limited options. Of course, a lack of resources always leads to resourcefulness. That is what led me to develop the three step approach to raising capital in any market.