It really great too see those blessed with talent using it to enrich themselves and their communities. But age and talent fades but if you can find alternate sources of income for yourself before transitioning from one phase in your life to next the better.
Venture Capitalism is one of the most overlooked methods of investment in every black community, all over the world. Investing in others is investing in yourself at the end of the day.
What is Venture Capitalism?
Venture Capitalism is an alternative form of investment that refers to the practice where private investors provide financial capital for startups and entrepreneurs to launch their business endeavors.
Venture capitalists will invest in high-potential, innovative businesses as well as nascent opportunities that carry inherent levels of uncertainty. Venture Capitalists aim for high rates of return over a 3-5 year period and tend to focus on larger scale investments.
What are Venture Capitals firms?
Venture Capitals firms often specialize in certain areas such as biotech, nanotechnology and e-commerce so they are well informed about trends in certain industries. Venture capitalism allows entrepreneurs to develop their ideas through the funding they receive, making it an integral component of the startup ecosystem.