The single most important source of capital for new ventures is the entrepreneur's own savings.

Question

Quizplus · Accepted Answer

The entrepreneur's own savings are often the first source of funding for a new venture. It shows the entrepreneur's commitment to the business and provides a foundation for future fundraising efforts. Other sources of capital may include friends and family, angel investors, bank loans, or venture capital funds, but the entrepreneur's personal savings are usually the starting point.

The Single Most Important Source of Capital for New Ventures