Succeeding an Investment is a very important step for a startup. But when is the best time for that?
Let’s start with some simple questions:
What is your vision?
Does your strategy support your vision? How do you apply it?
How to you acquire new visitors and how you convert them to clients?
What is your main branding message?
Is your marketing strategy well defined including all new media?
Is your company/product disruptive to the market?
Why should one become your client?
Which are the concrete steps to bring your company/product to life?
How much have you invested in?
What kind of investment do you seek?
I know. Right?
We all understand that all in this life starts with the limitless definition of who we are, as individuals and as companies. Many business owners appear to believe in their business, but it is obvious that they are not entrepreneurs. They do not bet all they have in themselves and their company. For sure the risk is high. How could it not. But the moment you have an idea which may set you free from a vicious
For sure the risk is high. How could it not. But the moment you have a unique idea and a solid plan of execution, simply do it! That actually, might set you free from a vicious cycle, a torment of knowing what should you do and not doing it.
Now to our original point. When do you need an investment? There are only 2 stages:
When you create your first profit! X amount of self-investment vs. net income after you pay yourself a salary! Then you are a healthy business and meaningful to invest in.
When your prototype/beta is ready or product inventory is substantial or service has a great Operating Structure and you need monies for marketing and sales. The obvious risk is that your valuation will be low and you will not be able to protect your percentage. At that stage, you might have to consider that you need more a strategic partner or alliance instead of an investor or a VC.
Obviously, it all comes down to how much do you believe in your idea and if that is your passion. All the rest are (many) piece(s)… of (a big) cake!
Ps. please don’t go to your beloved FF&Fs. Bad practice to involve them with a serious emotional cost.
Have you ever considered what is success for you? I don’t mean for your parents, for your schoolmates, for your colleagues or for your partner. I mean for Y O U .
We come in a demanding world as a naked child. We cannot eat by ourselves. We cannot walk. Not talk. Can practically do nothing by ourselves. We are immensely dependent on anybody else. We want to become like somebody (parents?) so practically reach their own limits. Where is the success on that? Pessimism… Fatalism… Yeap. All that!
We have only one asset. An infinite inner force. That force is nourishing ourselves to achieve greatness. It is guiding us to learn and select freely our path. That if we do listen to our inner voice and we believe in ourselves with no doubt.
Few days remain until the first of the three events of the Santa Monica Job Fair powered by the Santa Monica Chamber of Commerce and the Mayor of Santa Monica Ted Winter starts and already some important facts are becoming obvious. South California Universities and some very innovative companies showed the greater interest, and in some cases officially supported the Private Sector Jobs & Internships event.
Another interesting finding was that companies in sectors that could be described as more “traditional” were reluctant to test Team Plus HR recruiting system that matches potential candidates to specific job openings. There is no doubt that HR is very important and part of the capital of a company. Αbility, experience and knowledge of each employee contribute to the growth and development of the company and talented people can bring an added value to the enterprise.
Experience and instinct of the recruiter are of course indispensable but in most cases the recruiter has limited time to sort through all applications and match the qualifications for each applicant to the specific requirements of the job opening. Thus, it is frequent that some talents are disqualified long before they reach the interview phase. This is where a sophisticated HR recruitment system can make the difference and highlight a possible talent that could be lost as an asset to the company.
Defining talent on experience or education leaves no room for innovation or for genuinity. We have to promote freedom of expression and intelligent creativity. That is what success is all about!
Until now over 500 job seekers have registered for the Santa Monica Private Sector Jobs & Internships event. The level of support from companies and institutions is also growing and now includes Santa Monica College, California Lutheran University, ENKI Technologies, Expert Dojo, General Assembly, Technical Connections, the Santa Monica Place and more.