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20 Jul 2015

How to get funding for your startup?

Question: How can I get in touch with big companies like Softbank or great persons like Tata to get funding for my startup?

My Response: Here it goes... Ask yourself these 3 questions?

  1. What is your startup all about?
  2. Why you are here in the market with a new company? Is there a deficiency in the market ? What is your USP? How are you different from the existing players?
  3. Explain how you can offer better product or services at better price.
Once you know the answers to all these questions then,

  1. Make a Professional Business Plan
  2. Prepare a presentation
  3. Take baby steps
  4. Don't think to get funding from Tata initially
  5. First try to create something worthwhile and make someone interested to fund you.
  6. Read more from the article 7 Tips from a Startup Evangelist to Budding Entrepreneurs 
  7. For more specific response, post your query on the discussion forum of my blog
Good Luck!!
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