How to generate investment for your startup ?

Mary_KeyMary_Key Posts: 11subscriber Bronze Level Member

To get your startup the recognition it needs, you need money, and to get that money, you need to get some insight on how to do that.

  1. If you are lucky enough and have a bank balance that can support you, give it a try and try using some of the money from your savings. It is called bootstrapping. This will enable you to be your own boss.

  2. Ask the masses to help you generate money. Crowdfunding is an option you can explore. If you are creating something that will have a direct impact on people, it will appeal to them even more. People are always ready to help if they feel your work is legit. Try and convince people about why you are developing that app, product or service.

  3. Ask the angels to help you. No, not literally the ones in heaven though. Angel investors are always looking for promising startups. Fix a meeting and prove to them why you are worthy of all that money.

  4. Another method to get all that money is through venture capitalists. These are funds, managed professionally that invest in promising startups. Give it all you’ve got and let the managers know the growth your product is capable of, and you are done.

  5. Accelerators and business incubators are known to help hundreds of businesses. 

  6. Participate in contests and win cash Yes, it is an option. Keep an eye on all the competitions happening around and make sure to get all the exposure they have to offer, along with the money, if you win that of course.

  7. Banks are also an option you can head to. Loans nowadays are available for startups.

  8. Explore government programs that offer money for startups. 

SUGGESTIONS AND COMMENTS WELCOMED !


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