Work the Idea and Bootstrap Your Company Incorporation Singapore
If you have a brilliant idea and are now, thinking whether to capitalize on it by opting for a company incorporation Singapore. But deep down you are not yet ready to commit to it. You have doubts about whether a venture capitalist firm will fund you to develop it to its fullest potential.
Well, you are not alone, there are numerous startup entrepreneurs like you waiting for the things to happen to them. You need to take the initiative to be different and work out a way to realize your dreams. Will bootstrapping your Singapore company registration achieve it?
Kick-Start Your Company Registration Singapore
The first-time entrepreneurs, on the brink of a company incorporation Singapore, must believe that their idea is good and they can execute it. Spend some time proving it to yourself by developing it. Built it brick-by-brick taking all the time you want.
If at present, you are holding a job, then, don’t hurry into a premature Singapore company registration and start chasing funding. Continue to hold the job and invest some of your time in your new pet on the side. This way you will not be under pressure to prove yourself and will be at complete liberty to develop the product in the way you visioned it.
For next six to twelve months give your creativity a free-hand. Persist! Completely focus on developing a most minimum viable product and ensuring world-class user experience. Mark my words, this will be the most hardest and productive period of your life as a startup entrepreneur. There are a few Do’s and Don’ts for you to follow at this stage in your adventure. You can also search for a Singapore incorporation guide for the first-time entrepreneurs for more detailed info.
- When you are ready, bootstrap your Singapore business incorporation
- Do not wait for the Big Hit, rather, start closing small clients
- Do not Hire, but, Outsource your requirements
- Use Freeware, and be well-organized
- Spend sparingly
- Establish a Business Network and leverage it to promote your idea
- Make liberal use of Social Media and Content Marketing
Stop worrying about the investors. They will come. The key aspects of the venture they will want to know from you are, “Does the IDEA has potential?” and “Are you the right individual to put it in practice?” When your company incorporation Singapore has got a substantial number of customers they will be able to see for themselves that it works and you made it happen.
SBS Consulting Pte Ltd
High Street Centre,
#17–02, 1 North Bridge Road,
179094 — Singapore
Phone: (65) 6536 0036