Interesting concept for a post! What about students and student entrepreneurs, who are filled with passion and impact investing but lack other formalities?
If coming straight out of undergrad, then for most folks, it's probably too soon frankly. There are exceptions to that rule for sure, but it is fairly rare for anyone <26 to embark on this path. In theory, SBA lenders are only supposed to lend to people with 5+ years experience anyway.
Interesting concept for a post! What about students and student entrepreneurs, who are filled with passion and impact investing but lack other formalities?
If coming straight out of undergrad, then for most folks, it's probably too soon frankly. There are exceptions to that rule for sure, but it is fairly rare for anyone <26 to embark on this path. In theory, SBA lenders are only supposed to lend to people with 5+ years experience anyway.
But we could get creative and find alternatives or at least figure some paths or best practices that could be valuable later on 😉