When you don’t need the capital, rs!
If you go for funds is much worst than not willing. You can change your negotiation side of table to be more efficient.
The best cases are the ones the leaders are not asking for funds.
When is the Right Time to Raise Funds?
The exact moment to raise funds depends on each case. If you are developing a project and have sufficient capital or savings, you can build a bootstrapped company without involving external investment. However, if that’s not your situation and you need funding from the start, there are numerous programs and models available that allow you to raise funds, even with just a PowerPoint idea.
If you are an industry specialist with over 10-15 years of experience, you might have different options. You could start by bootstrapping your company, focusing first on validating your idea in the market and starting to generate sales. This approach allows you to prove your concept before raising funds. Ideally, it’s better to seek funding at a later stage, such as a Series A or an angel round, when you have a more developed product and a higher valuation. Rushing to secure funding too early may not always be the best choice—it depends on the specifics of your situation.
Who Should You Talk to in the Early Stages?
In the early stages, you may not need to approach investors right away. Instead, prioritize validating your product with your customers in real-time. This means proving your value proposition, testing your product features, and solidifying your relationship with your co-founder. Once you have these elements in place, you can begin conversations with potential investors. The focus should initially be on ensuring your product delivers real value to the market.
MVP - O que de fato é um Produto Mínimo Viável.
Modelo de Landing Page para um MVP, Ideation stage.
Defining Priorities in the Early Stages
One of the most challenging aspects in the early stages is clarifying your priorities. You need to determine what is most important: What should you do first? Who should you talk to? Where should you invest your time, and where should you avoid wasting it? Being clear about these priorities will help guide your actions effectively as you build your business.
Leia mais: