It is hard to run a startup without money. In this article, we talk about the types of funding opportunities available for startups. As we know, the number 1 reason why startups fails is lack of money. In this discussion, we highlight the various options you have as an entrepreneur to fund your startup. Apart from this, we also talk about the various stages of funding in the startup phase depending on the stage of your growth.
Seed Round of fundraising: This is one of the most important rounds for an early-stage startup. In essence, this round defines whether an idea kicks off the ground at all. So many great ideas fail because they don’t get the traction or funds to test their business plan. As an early-stage entrepreneur, the focus is
Startups are hard work and more challenging when you have to invest your savings to make it work. Although investors like the idea of a founder investing their own money, I find the question of how to build a startup with no money more intriguing.
It takes us back to the principles of bootstrapping and lean principles of starting with minimal resources or wastage. In this article, we will focus our thoughts on building a startup with zero investment, strategies and a few examples of types of startups with no money.
Embarrassed by your first version: This article is all about developing minimum viable products, gathering customer feedback and continually improving while keeping wastage minimal. One of the most important tenets of the agile process is to keep iterating as often as possible. If you’re waiting for perfection, then you’ll delay time for feedback, eventually costing
What is the primary goal of a pitch deck in the startup world?: I’ve often asked this question. Sometimes the pitchdeck feels like a fancy marketing pitch and you have to impress these investors to win them over. As shallow as it feels, I think a pitchdeck is one of the most important things in the early stages of a startup.
Awaiting an official announcement on the theme of 2024’s National Startup Day. We can however be certain that it will be something to further leadership abilities and innovation to grow and expand. Some things to look out for are – the impact of startups on the Indian economy, and new startups created in 2024. I would also be very curious about any new announcements from the government to help entrepreneurs create businesses better and remove obstacles in their way.
