How much money do I need to raise?  This is one of the biggest and most common questions entrepreneurs ask whenever they start a business.  But unfortunately, it’s also one of the most misunderstood aspects of entrepreneurship. Ryan Feit, CEO, and co-founder of SeedInvest, says that entrepreneurs often get caught up in the glamor and prestige of raising a massive amount of money when they really need to focus on profitability and growth. There isn’t a set amount of money entrepreneurs need to raise to succeed. Ryan says the amount depends on the type of company you’re trying to build and how fast you aim to grow. Listen in as we discuss: -How raising money changed over the years -Is it advisable to raise money while giving away equity? - Best practices on self-funding or bootstrapping a business -How to raise capital  -Key characteristics to look for as an investor -Investment trends to watch out for 2022 Listen here or visit byobpodcast.com to get the show notes and watch the video interview.  Don't forget to leave us a review if you like the show.  We frequently get asked things like: What do we use for courses and email marketing? What platform do we use to find people to join our team? What tools do we use for project and task management? Where do we host and publish podcasts and how do we transcribe them? And More.  Well, we just put together the Entrepreneurs' Online Business Toolkit PDF which will give you a complete breakdown of the tools we use to run our 7-figure businesses and how we use them. Click here to grab a copy, it will be an invaluable resource in your entrepreneurial journey! Connect with us: Website: https://www.byobpodcast.com/  Instagram: https://www.instagram.com/byobpodcasting  Facebook: https://www.facebook.com/thebyobpodcast  Twitter: https://twitter.com/thebyobpodcast  Newsletter: http://www.byobpodcast.com/newsletter