For the majority of entrepreneurs, the first source to raise capital are 4 Fs. That ’s means founders, friends, family and fools. When someone launches any project, it is typical to raise money from these groups. First three seems to be obvious, but why fools? Due to risk at this stage of project which is unbelievable high. Experienced financial investors would assess such a project as not worth investing in. However, fools are not professional investors. They lend money mostly because of empathy. The second possible step to raise money is seed fund. Sometimes it is common to use all F's and seed fund - the seed money. Seeds can offer to an entrepreneur a lot more funding, but in this case an entrepreneur must have also something to offer: a business plan, market research and “ know-how“ to for convinc ing fund suppliers. The more info you give - the less risk an entrepreneur and an investor takes. That way an entrepreneur gives away less ...