When managing a company, one of the most significant challenges for business owners is a lack of capital. Some business owners want to expand their business as much as possible. Eric Lefkofsky is a successful entrepreneur who has started multiple companies during his career. He is currently managing a company called Tempus Labs. Tempus Labs is in the medical industry and provides various services to clients.
One of the unique aspects of Tempus Labs is that the company does not attempt to make a profit on the services provided to customers. Eric Lefkofsky has enough money from his previous business ventures to sustain Tempus Labs. Costs in the medical industry are increasing rapidly, and customers enjoy coming to Tempus Labs for quality service at an affordable price.
With the growth of the company, Eric Lefkofsky needs additional capital to invest in the future. There are multiple options for raising extra money. Some business owners prefer to utilize banking loans for additional capital. Instead of going deeply into debt, Eric Lefkofsky likes using individual investors.
Several months ago, he started pitching his business ideas to investors across the country. He was able to raise millions of dollars in funding. The investors will receive ownership of the company. Some investors saw Tempus Labs as an opportunity to make money, and some investors just wanted to donate money to the medical industry.
Career of Eric Lefkofsky
Eric Lefkofsky has had a dynamic career. He started out working for a large medical company after he graduated from college. He enjoyed his work and advanced rapidly. However, he was not fulfilled with his daily work. He decided to start his own company. It was hard for him to get Tempus Labs started, but all of the hard work was worth it. Tempus Labs is now one of the most innovative medical companies in the country.