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Are Local Startups & SMEs Focusing Too Much On Government Grants and External Funding?
By Dr Wealth  •  October 15, 2018

“At Dr Wealth we have not raised a single dollar from venture capitalists or angel investors. We do not rely on government grants to survive. We are 100% supported by our readers and students who believe in what we do and how we do in an industry that is full of hype.”

Throughout the years, I have friends that run startups that struggle to make money from their core services/products. Some of them end up trying to game the grant system from the government. They also find themselves pivoting to one-off side projects and side ventures while not making the original products/services. They aren’t able to keep the company profitable or scalable.

You’re not actually building a business if:

If you’re obsessed about raising funds Your company cash flow is reliant on grants from the government 🙁

Charlie Munger slighted that there’s “too much money” in venture capital and

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By Dr Wealth
Dr Wealth provides trusted financial education to individuals. We teach researched and actionable investment methods so that our graduates are successful in their investment journey and achieve market-beating returns.
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