All of the factors you mentioned are important but if you asked me to rank them. 1. Traction: as it proves that you know who to build something people want. 2. Team: as it's the constant that matters most as the business evolves. 3. Vision: as it'll help tell the story as to why you have the pot...
I know some accelerators and angels (eg. Vancouver's GrowLab) actively seek founders from other countries - they've had mutliple startups come through from Romania for example. Also, 500Startups is working very hard to expand internationally, even launching programs in India, etc. Reach out to ...
Since you mention that you have achieved "amazing results", I am assuming that you have some sort of a prototype to show to an angel/seed investor. Also, the fact that you managed to get a government grant (which I assume you didn't have to give up any equity for) is a good thing and shows creati...
Wow, sounds like you have an amazing profit margin. The key is GROWTH. Continuous and stable, with the ability to predict future growth. Therefore, your market niche is very important, to feed the growth curve within an order of magnitude and can't be too vague. As others have mentioned, invest...
Depends. Case 1 : You want majority shares to be within your close circle. Well, in this case, your friends and family control over 51% of shareholding. But this limits the amount of money you can raise as Investors only have 49% portfolio in your company. Now, if you want this business to be sca...
I vehemently disagree. I would recommend not following-up with any angel investor who asks you for a business plan. You yourself should be able to credibly articulate how you envision the next 12 months unfolding and especially how you intend on spending the money you raise, but that's about it...
Have a product that users / customer are using and continue to use. The goal is to derisk the opportunity for investors and the biggest risk is that you'll build something that nobody wants. Once you have that, then try and find a big enough market and opportunity that justifies a venture inves...
Easy way. Connect with publishers of health magazines, write articles for the magazine (paid or free) using soft sell techniques to promote your products. Or you could setup a Food Porn site (glitzy photos of finished recipes), where recipes skew toward using your products. Likely several 100s...
Raising money is a choice, if you can self funded until the concept is proven and you start getting traction, don't give up equity early on. In any round, you give up a piece of the pie, the longer you are able to self fund, the better the end result for you. You will be in strong position if y...
I have helped more than 500 startups worldwide.I can help you in raising funds. Feel free to check the profile ratings. #Founded first startup in year 2001 - 18 years of business experience. #CEO of leading Startup Consulting Firm, # Investment Banker - Angel Investment, A Series for startups. ...