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Podcast: Investor Connect Podcast
Episode: Startup Funding Espresso – Revenue First, Salaries Second
Description: Revenue First, Salaries Second Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. In launching a startup, the first goal is to generate revenue. Salaries come later and in some cases much later. Some founders look to the startup as a source of income. Fundraising from investors is not the answer to the salary question. Investors will not fund a startup that can't generate enough revenue to prove the market wants it. Fundraising comes into play when there's product and market validation. The product works, and customers will pay...