Letter to Startups

Dear Aspiring Entrepreneurs,

Please do not try to seek employment in garb of initiating a company..  Startup is a search for an appropriate workable business model for a venture…

Here it the catch, we should not assume investors will invest in startup just to ensure business model will work or not, so what will an investor want…

a) Appreciate whatsoever links, contacts, network, legacy experience which Investors, Incubation heads will  bring to table..

b) Do not  try to close venture just because an Investor has stopped funding the venture as here your true capability of being tough entrepreneur is at test…

c) Bootstrapping calls for startup entrepreneurs to not take too much money in form of salary from investor’s purse.. It calls for spending the money wisely on all aspects of business.

d) Make the product a success story rather then a failure and be open to any client opportunity which comes to you..  If you are focusing only on product development and not marketing then you are going to be a risk of failure

e) For a change, startups should have courage to take loans may be excluding collaterals and run a business too

f) Have patience, strong will power and the project will do well for sure..

 

 

 

 

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