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NJ and Greg talk about some of the things you need to do when you raise money for a startup. Having an idea and a business plan might not be enough to raise the money you need. You will need a Minimum Viable Product (MVP) and some customers using your product or service first. In addition, how do you differentiate your product or service enough to convince investors to take a chance on you and your idea? After all of that, you have to put a value on your company or idea, and that requires a great deal of research, and in the end, it’s just your best guess at the time.
Zach Wilson and the Yankees have a good week!
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3636 ratings
NJ and Greg talk about some of the things you need to do when you raise money for a startup. Having an idea and a business plan might not be enough to raise the money you need. You will need a Minimum Viable Product (MVP) and some customers using your product or service first. In addition, how do you differentiate your product or service enough to convince investors to take a chance on you and your idea? After all of that, you have to put a value on your company or idea, and that requires a great deal of research, and in the end, it’s just your best guess at the time.
Zach Wilson and the Yankees have a good week!