In this blog post, we will talk about the minimum requirements before you go and seek a seed investment for your company…

Don’t forget there are different types of investors out there and there is not only one formula for all investors but what I am showing you today will be enough for pretty much all investors such as Angels/Incubators/Accelerators…

Have a working prototype

To begin with… Create a working prototype of your idea. If you want to convince the investors to invest in your startup you have to have a working prototype… People would like to see that you are capable of creating a product or a service for your customers…

Even though some investors invest in ideas, it is always better for you to first test and validate your startup idea before raising money… And the best way to do it is to create it…

Have a legal entity

Second, Establish a Legal Entity… Raising money means signing contracts… So if there will be contracts that mean there should be a legal entity… Having a company established will make you more serious about your idea in the eyes of investors…

Otherwise, potential investors would think that you are not active and only a dreamer…

Do your work

The third one is, Understanding what found raising means and takes…

Whatever the funding methods you choose, raising money is often a full-time, dedicated process for a founder, and this often takes months of planning and pitching before the investment is raised…

Without knowing what you will deal with in the future, you can get lost and fail your startup. Because you will spend more time on finding investment than working on your idea…

Build a Solid Team…

Businesses depend on different skill sets and expertise to grow. No entrepreneur has every single skill needed to cover every aspect of launching and growing a successful business alone. Many investors prefer to invest in a team with a broad skillset and support system…

One other thing is to Prepare Your Documents…

Even we will have a look deeply at the startup documents you are going to need in the future lectures… You must have your financial plans, pitching deck, and executive summary ready…

Lastly… Building a Network…

In today’s world, you can reach anyone through the internet… However not only you can reach but your competitors also can reach potential investors…

You must differentiate yourself and the best way to do this is to attend meetings, try to connect with people, and ask them to introduce you to potential investors… Anywhere in the world, the startup ecosystem is relatively small… And being active in human relations always pays in the long run…

If you are actively looking for investment don’t hesitate to contact me for a free consultation.