Steps to have money for found a startup.
The entrepreneurship ecosystem has to many options for entrepreneurs.
1. The entrepreneur need to have a validation of their business idea. ¿How is it? Their need to sell, have not many customers who buy the service or product, in this step is not important to have a lot of costumers or sale, but is very important that the entrepreneur demonstrate, the market is interest in buy their service or product and that the market have this necessity.
2. Write the business plan and model business. This is very important the entrepreneur can demonstrate that they know how their new business will operate. How much money they will need, how many people they will need to employ, etc. and other inversions that the business will need. This situation demonstrate that the entrepreneur know all of the details of the startup.
Once the entrepreneurs have completed this two step, they need to introduce into in the competition for entrepreneurs, the banks, investment angels, inversion group to obtain the money to found the new business.
I send hugs to all entrepreneurs. 😉💪👋