How Much Money Do You Need To Start A Business?

 

I don't want you just to read and learn from me and not take action, So I have a question like last one year ago I came up with a business plan I convert it to a business model—six ones to convince me. So I analyzed analyze because I'm an economics Poonam.

 

So I was analyzing, and now I'm pretty confident that I want to take my idea to the world. I wasn't so after analyzation

I came to know that I'd record two million dollars, so I want to ask you what are the first three steps for this plan to implement because you say 99% of the project is to apply.

 

I 100% believed in this video. What my thing was also, so what are the first three steps to implement the plan?

I'll give you related to education.

 

Okay, so I invest in entrepreneurs.

Through my company dialogue ventures, we found up to a million dollars now, so we often can tell you this.

 

The entrepreneurs come to me, and they say, dad. I need a million bucks

I don't know why this but it's always a million bucks they just pony IDL thin here and then when I sit down with them, and I would say okay, you say a million dollars .we're going to spend thereon and the other time we're going to spend it on, but then when I challenged them I Say you don't need a million part with the million bucks

You need like 50k to develop the Minimum Viable Product to get it out there.

 

Because of the 50k doesn't work, the two million doesn't work either

Right, its development Minimum Viable Product and then to get at the marketplace to get feedback because whatever you think this product Is you know you're going to go through?

Version two three, four five Not from your research from the marketplace.

 

The feedback loop from the marketplace now you improve it while you're selling it, So I like to challenge any entrepreneurs, how can you make sure the idea is self-funded that you skate out there?

 

You're getting some money coming in you improve it you get to get out there

Get out get in get that going not just I'm going to throw a couple of million bucks into it and see how it works

I come to you, yo, and you're ready to convince. Yeah, I'm pretty confident that I can assure you to form a business plan. 

 

What is the quantum of degree that I want to explain? I have this big planet. It requires three minutes. So what do you think has an entrepreneur when I reach two fundraisers?

 

What quantum of the plan should I express them today express them in total hours express them in?

 

50% oh shit until they actually, so how's it sound is happening in this world.

 

No, you got a pitch in the whole thing all the thing or everything the first of all gets them to sign an NDA.

 

It helps, but it helps a little bit non-disclosure. Then second when you pitch to them the whole thing But then you don't need to okay if you need to worry about if they steal your idea to implement them then their to me your IP is no right Because your deal should be good enough that they cannot do it without you. There are certain aspects that you know I give you the idea doesn't because you don't have this piece that I know you don't have this tech that I have.

 

There's something that you control they cannot do without you if you can pitch to somebody and they can copy in two minutes, then why? They tell you what the hell is it to up to two years, right?

 

You need to have some aspects of control; then, you can share all you want. Hey, here's my idea. You pitch enough, and some would say hey, that's a crazy idea, but I like it.

 

I'm not going to give you a million bucks, but I'm going to provide you with 50 K. See what you can do. That's what about it.

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Status L forever - Apr 19, 2020, 2:58 PM - Add Reply

Unprofessional service

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