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10-Nov-2019 00:59
If this is your first visit, be sure to check out the FAQ.news and discussions on all buildings types and urban spaces » Classic Architecture | European Classic Architecture and Landscapes | Public Space | Shopping Architecture | Design & Lifestyle | Urban Renewal and Redevelopment Canada | United States | Balt / Wash DC | Chicago | Florida | Miami | Los Angeles | New York City | San Francisco Bay Area | Seattle | Tampa Bay Area | Toronto | Texas | Southeast | Westcoast | Midwest | Northeast Namaste!Don’t ever let lack of funds prevent you from starting up and pursuing your dreams – get creative, find ways to build and grow which don’t cost, or build something great and then seek out funding.
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One of the mantras of highly successful startup incubator YCombinator is to do things which don’t scale which means for example pick up the phone and call your customers one by one, go to meetups and talk to them face to face, stalk them (in the nicest possible way), manually setup their accounts on your service to ensure each customer is more effectively on-boarded, customize and personalize and basically do everything humanly possible to find leads and convert them to buyers.Not every project will work with crowdfunding and you really need something with mass appeal but if yours is suitable then they are worth a look.The long suffering ‘Bank of Mum and/or Dad’ is always a popular source of startup funding, as is the similarly operating ‘friends & family’ option.However you need to be careful with this as if you lose all their investment you may find yourself persona non grata at the next Christmas dinner.
Also highly recommended are these two videos from a Stanford business startup course: How to Raise Money and How to Talk to Investors which also includes a great Investor Meeting Role-playing section.
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