Across the Midwest, entrepreneurs travel and investors stay local
Now that we’re just about to hit 40,000 miles of driving in just over a year, I can count the number of investors I’ve seen more than twice on one hand. It’s not surprising, however, to bump into entrepreneurs we’ve met in one city in other cities hours away (and weeks or months later).
Midwestern entrepreneurs, it seems, are hustling to grow their companies more than Midwestern investors are trying to find returns. The thing is that it’s the investors that should probably be a bit more nervous than the entrepreneurs.
Entrepreneurs don’t always need outside capital to build a successful business. Investors, however, need to generate returns if they want to raise their next fund.
Originally published at Results Junkies.