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Demonstrable market acceptance is the key to raising money; not a good idea.

Ideas do not sell, but well-thought-out solutions to recognized problems do.  Vet your idea with individuals who will provide honest, objective feedback.  Move past the idea stage as far as possible to provide meaningful information about the potential risks and rewards.  Find external sources that will validate your plan.

 

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Filename: 3.020201_You-Cant-Raise-Money-with-an-Idea.pdf
File Type: pdf
File Size: 156 KB
Categories: 3.02_Approaching Investors, V3_Starting a Company
Tags: External Validation, S5.1_Needs $ Prelim
Article_No: 3.020201
Document_Views: 180
Downloads: 1