Entrepreneurs: If You Love Your Family, Don't Let Them Invest in Your Startup

When an entrepreneur is starting a new business they usually do not have the cash to fund the startup purely by themselves and will therefor need to find investors. They often think of turning to family and friends for the initial funding, as it is sometimes easier to raise money from them than through other avenues. Your family thinks you hung the moon and your friends trust you. They know what a genius you are. And as an added benefit, more than likely your friends and family are not going to ...