Startups that are new and/or start-ups that are making profits in their first month are good to get involved with. Start-ups that have a good working knowledge of computers should contact e.g. Microsoft, and also go to the TechBooth. As well as other good companies in the business.
The amount of funding needs to be reasonable and the amount of revenue must be profitable, so it’s not easy to raise money.
You need to be interested and passionate about what you want to do and what to put money into it with realistic requirements. This is very important as we are often put on the spot, and then left in a good or bad position for months.
I recently had a company that’s raised lots of money but has been sitting idle. Will they do anything about it?
The best way to deal with this issue is to simply take them off your hands. If they refuse you give them one week to come in for a phone interview, otherwise there is no way you could get them back as they have the right to refuse on their own.
If they don’t come in for the interview they will get pulled up on your account with them telling you there was some failure due to it not meeting goals. So there is no way you can get them to come in and talk to you again, unless you get a huge amount of backing for your project.
There are many options to get to the point where everyone can get involved in all aspects of a startup business, from designing your website to running your sales processes to managing your staff of employees.
A typical business is that your work is being supported by your customers and they want to get involved in what you do, so now you need to find a way to make it financially achievable.
How about if a company makes money in one month of their business and it takes 12 months of operation for them to generate that profit? How do you think you’d handle it?
The solution is to do a lot of revenue-generating activity such as making sales via the web, and marketing on a monthly basis. But you must also manage your team and staff properly, and you are responsible for meeting their needs. If this type of business plan fails, you will find you have done things wrong and have wasted your business.
How do I get funding for my business?
Start-up companies that are new and/or start-up that are making profits in
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