How do I fund my startup?


Most asked question is how can I get investment if my idea is not unique

Let me make it very clear in the beginning that no investor will provide you funding on basis of an idea even though if it is unique. Investments are not provided on the basis of ideas. The reason behind this is that if there is no product and a right team to execute it, no matter how amazing an idea is, it will never work. You will have a really hard time, if not impossible time finding funding for your venture.


no investor will provide you funding on basis of an idea even though if it is unique.


What are ideas ?  

Ideas are just vibration of thoughts and people nowadays expect investors will provide them funding on the basis of ideas. They expect they will prepare a powerpoint presentation and get an investment. People believe they would develop the product, website and a mobile app after they receive an investment.You see it is all about execution.


Also ReadHow to convert an IDEA into STARTUP

How do i fund my Startup? 

Start the business- The first step and this might sound weird is to actually start the business. Investors want to be able to give you the money quickly and have the whole process done as soon as they can. What they are looking for is immediate actions being taken with the funding they have provided.

Setting up a company properly takes time. And at the end of the day, they simply don't have that time to waste. Especially when they have many other startups knocking on their doors.


The first step and this might sound weird is to actually start the business.


Focus on building team- Focus on building team whose vision is as big as yours. It becomes easy to scale-up and sustain the business when you have good people in your business. And what else investors want. They want to see immediate action to be seen on the money that they infused in your business. All they want is to scale-up the business at a faster rate. This can only be done when you have a team which is capable enough to drive the venture even at bad times. A good team will definitely help you grab the investment.

Improve your product- Your product or service is the thing that customers will be paying you for. So, focus on improving your product at a very fast pace. Because at the end sales is all that matters. Moreover, it the product is not good you won't be able to sustain for a long time in the market. Try approaching investors when people start having faith in your product. At that time you would be the master else things would be done according to the investor. 

Make you vision very clear- Before approaching an investor make sure you are very clear with your business model. Clarity is what investors seek. They want to invest in people who have clear vision.Moreover, you should be able to pitch your plan in a single page. You should not give more than 5 minutes explaining your service and your vision.

Do share things one should keep in mind before raising an investment.





How do I fund my startup? How do I fund my startup? Reviewed by Businesspedia on January 27, 2019 Rating: 5

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