Do you identify with that section of entrepreneurs who have an idea or product or service that you want to monetise and sell but the major roadblock to that plan is funding? Well, here are some industry insights and suggestions for you which can help you see how funding is not the “make it or break it” factor for the success of the company.
According to the apparent perception,
If you ask any wannapreneur what their biggest challenge was, there is a high possibility that they’ll say funding.
When the century rolled into the 21st one, if you told anyone that you could watch videos on a digital platform while chatting with your friends on the same platform from a device no bigger than your palm, you would probably be asked to write the next big science fiction novel.
Using drag and drop interfaces, you can now design a website, an ecommerce platform or even an android/iOS application. Low code/no code is becoming more and more relevant, reliable and robust.
The ability to develop business workflow as part of a sizable business operation, or a standalone application was never ever imagined before, in fact experts have always dismissed the sheer possibility of coding becoming obsolete.
Consumer capital, in simple terms, refers to the notion of corporate entities manipulating the consumer to purchase (and continue purchasing) material goods, thus driving the capitalist economy. It is in actuality a theoretical economic and social-political condition in which consumer demand is manipulated in a planned way through mass marketing strategies that ultimately benefit the seller.
What is the general reaction that you get when you tell people that you are working in a startup? Well, there are times when they are super interested and supportive of the initiative, or they are worried about the longevity or success of your company. And this perception is not wholly misplaced. We have over the years seen many startups crop up, only to fail in a few months or mere years.
Many innovators across the globe are sitting on their products or services because they haven’t secured any external funding yet and they think that without it, their business plans and startup ideas are doomed to fail.
Starting something from scratch is a daunting task and doing so without any sort of backing even more so.
The general idea these days is that securing venture capital or external aid is the only way of setting up a startup, and is also an essential component for its subsequent success. …
The global climate is going through extreme changes and the increase in global temperatures along with the depletion of the protective ozone layer are causing the ice caps to melt and ultimately, increasing the sea level. The need for an environmental change now is paramount that even the Metronome digital clock located along the south end of Union Square in New York City has been reprogrammed to illustrate a critical window for action to prevent the effects of global warming from becoming irreversible. …
If someone had suggested a year ago that most of their workforce can work from home and maintain their full potential and productivity, they would either be laughed at, or would have to face the consequences of supplying ‘far-fetched’ ideas to others!
But there has been a mammoth shift in what was considered normal a year ago, and what is considered normal now.
China has been the face of many radical innovations over the years, and that along with its immense industrial capacity has led to the silent rise of China as an important global player, posed to be one of the biggest threats to US supremacy.
It was said that China wants to be the first country in the world to issue a digital currency in an attempt to retain and maintain this position in the current international order and to challenge the dollar payment system.
Startup founders looking to raise funds are always skeptical regarding the value of the equity they are looking to offer, and the value that an investor will place on the same amount of equity. Some startups value their equity at a much higher rate than what is acceptable, whereas some are willing to sell equity at a much cheaper rate than the actual value.
This is where ZOPA — the zone of possible agreement, comes into the picture. The zone of possible agreement is the bargaining range in a negotiation where two or more parties can find a common ground.
In these instances, a deal can or cannot be reached unless one or both parties are willing to adjust their view of what is acceptable. …