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Amit Grover |36 Answers |Ask -Follow

Answered on Feb 08, 2012

Question by AK on Feb 08, 2012Hindi

Career

Early funding is always a problem - funds don't come in until you prove yourself, and you can't prove yourself till you have funding. In a situation like this, functions like marketing (high cost), and hiring ppl are a challenge. How do you break this circle?

Ans: Ak - you are absolutely right abt the early stage funding issues in India. However, there are some sources like incubators, angel investors, CGTMSE loans, and business plan competitions that provide initial investments. Traditionally, this was done by friends, family and father-in-law!

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Question by Manish - Sep 10, 2023Hindi

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Hello Sir, I am Manish 38 form Faridabad, Haryana! I want startup and for that I have created a survey also but I don't have enough funds to hire a team and get the data collected from market. Could you please help me, how can arrange initial funds to start. Thanks

Ans: People hide behind lack of funding for everything. I firmly believe that where there is a will, there is a way. These days there are so many online platforms for surveys like surveymonkey. Use them.

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Question by Manish - Sep 10, 2023Hindi

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Hello Sir, I am Manish 38 form Faridabad, Haryana! I want startup and for that I have created a survey also but I don't have enough funds to hire a team and get the data collected from market. Could you please help me, how can arrange initial funds to start. Thanks

Ans: Hi Manish
There are several ways to get information. I am not clear what kind of survey you plan to do. There are free online tools that you can use to execute the survey. I presume you have the list of people /companies etc you want to contact. You can also use tools like WhatsApp, Twitter to do dipstick polls with people to get a quick idea on some key issues. Pl also talk to a good marketing professor or consultant on the approach(es) you can use as also to refine the methodology

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VC, Angel Investing, Entrepreneurship Expert - Answered on Feb 14, 2024

Asked by Anonymous - Nov 06, 2023Hindi

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Hi Chandru, We are working on 2 startup ideas which we are confident enough but sometimes we feel stuck when it comes to getting funding or how do we get funding from different investors What's your suggestion on this and we really do have a great product idea. Also, we do have a different business which is doing profita but we are unable to scale it up. How do we achieve this

Ans: It is difficult to answer such generic questions. 99+% entrepreneurs/ start-ups don't/can't raise funding for various reasons. You may want to refine your idea/ business model by being part of a well-known incubator where you can get specific inputs plus mentoring too.

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