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HOW TO FIND AN ANGEL INVE...
Forum: Fund raising
Last Post: Nandlal Shamlal Bathija
11-30-2019, 01:21 PM
» Replies: 0
» Views: 26
Hello,I am a 20 years old...
Forum: Looking for a mentor
Last Post: sandeepbansal1111
11-15-2019, 10:30 AM
» Replies: 4
» Views: 38
This is the link to the q...
Forum: Queries on starting up
Last Post: Shashank Shekhar
11-04-2019, 05:21 PM
» Replies: 0
» Views: 28
Should entrepreneurs use ...
Forum: Fund raising
Last Post: jpm
11-02-2019, 01:30 PM
» Replies: 2
» Views: 29
What is an ideal size of ...
Forum: Fund raising
Last Post: jpm
11-02-2019, 01:27 PM
» Replies: 2
» Views: 25
Hi, I have an idea bu...
Forum: Find co-founder/ Hire Talent
Last Post: admin
09-09-2019, 08:35 AM
» Replies: 3
» Views: 26
Hi I have worked for 20 ...
Forum: Happy to mentor!
Last Post: shantanudas
09-04-2019, 03:42 PM
» Replies: 0
» Views: 59
I am kalika from oston te...
Forum: Queries on starting up
Last Post: Siddhartha Ahluwalia
08-14-2019, 12:00 AM
» Replies: 0
» Views: 40
Become an entrepreneur fr...
Forum: Queries on starting up
Last Post: navjot.bindra@gmail.com
08-13-2019, 12:00 AM
» Replies: 3
» Views: 61
Which is the best Drop-sh...
Forum: Queries on starting up
Last Post: navjot.bindra@gmail.com
08-13-2019, 12:00 AM
» Replies: 0
» Views: 14

 
  HOW TO FIND AN ANGEL INVESTOR INTERESTED IN MFG, FOREIGN TRADE, MARKETING, FINANCE .
Posted by: Nandlal Shamlal Bathija - 11-30-2019, 01:21 PM - Forum: Fund raising - No Replies

HOW TO FIND AN ANGEL INVESTOR INTERESTED IN MFG, FOREIGN TRADE, MARKETING, FINANCE .


  This is the link to the query. https://shrib.com/#X69H9SkzYm76A.ufsu.B
Posted by: Shashank Shekhar - 11-04-2019, 05:21 PM - Forum: Queries on starting up - No Replies

This is the link to the query.
https://shrib.com/#X69H9SkzYm76A.ufsu.B


  Hi I have worked for 20 years with various Indian and multi national engineering companies at CXO level. Now I am planning to star own Event management company, completely different from what I have been doing, with one partner who has got two years of experience from this field. I am passionate about this and we would like to target corporates for the events as our customers. My questions are : 1. What are the pros and cons of a partnership? 2. What advise you can give to me before I start 3. What are the funding ideas for this venture Thank you very much Shreejesh
Posted by: shantanudas - 09-04-2019, 03:42 PM - Forum: Happy to mentor! - No Replies

Hi First, I am not the typical mentor you may be looking for say a startup guy just an old man with 62 years of life behind me.

Let me see if I can help you in some way but let me first ask Admin to widen this field. Someone from admin may like to talk to me on this. Very tough to write in this two line narrow field. (In case admin or Dr Malpani is looking)

For now I shal use notepad and then copy paste my matter here. It is very tough to write in a space that is merely 2 lines wide.

Qstn 1
Partnership
Pros
---------
Question I need to ask you first is why you need a partner as per you?
But to save time let me share some preliminary thoughts

Partnership can be monetary only (he gives you money) or work related too (he involves himself in duties w.r.t the business or both.

If you have all the capabilities to run an event management company then you need not go for partnership just get employees and guide them .

If you lack some skills say you do not have marketing skills then you may like to get a partner who has marketing skills

So the PRO of partnership is complementing skills set

However the major PRO is risk sharing. Partner invests money and you also invest money so both share the risk. Your share is now 50% instead of 100%

PRO-1 is Skill Set complementing
Pro-2 is risk sharing
Pro -3 is two minds are beter than one
Pro-4 is stress sharing.

Off hand I can list these from my imagination.

Cons
------

Well partner may run away with your business clients.
Off hand this is the top most con i can think of.

Then squabbles. You may find he is not doing his share of the workload at par with the agreed returns.

So

CON-1 Clients may be taken away
Con-2 work load sharing conflict


Qstn -2
What advice I may give?

This is a very general question. I am not hanuman that will bring the whole mountain

Maybe you can ask specifics

Let me help your mind by asking you instead

1. Why do you want to do business?
2. Why do you want to do event management business?
3. Have you ever done event management yourself or been associated with it or only seen others doing it from far?
4. Do you have any idea of thw work load and hours that you may have to give when you conduct events?
5. Are you a type of guy who can patiently suffer client's constant changing demands ?

I mean I can ask you many questions..
You can ask them yourself to churn your mind.

Qsn-3
Funding
Sorry this I cannot answer.

Best of Luck


  I am kalika from oston technology, we research and design hardware solutions and license patents. Till now we have patented 7 products and licensed 4 products in India. Licensing patent abroad is big challenge . We need some help or partnership with any incubator/accelerator who can provide us global network and support to go global. Looking forward for your advice and support.
Posted by: Siddhartha Ahluwalia - 08-14-2019, 12:00 AM - Forum: Queries on starting up - No Replies

Apply to Ycombinator and Techstars


  Which is the best Drop-ship model Logistics company in Delhi/NCR/ and/or across India?
Posted by: navjot.bindra@gmail.com - 08-13-2019, 12:00 AM - Forum: Queries on starting up - No Replies

Delhivery (via Shiprocket) - slightly more expensive than FEDEX, but much more reliable and very well funded.


  Hi, We had started a kids edutainment channel on YT in Odia language. In over 4 years time the popularity has grown to a decent size, now our aim is to expand in both ways more content and additional categories and languages.. Currently we are in to rhymes and would want to get in to bedtime stories, social learning content and learning based games.. All in multiple India regional languages. Hence how does one value its investment done till date which was majorly supported by finances taken from family. Help to move ahead will be highly appreciated. Thanks.
Posted by: admin - 08-09-2019, 12:00 AM - Forum: Queries on starting up - Replies (1)

It depends! The amount invested in cold hard cash by founders is definitely one measure of their commitment, but one has to factor in the financial position of the founder, the sweat they have put in, how much salary they sacrificed etc.


  Become an entrepreneur from a developer. Our product is ready and we already got our first client. Now struggling to get some investment as wanted to grow. Can you help?
Posted by: dsouza.melroy@rediffmail.com - 08-09-2019, 12:00 AM - Forum: Queries on starting up - Replies (3)

Hi team, to get investment I suggest you start creating your plans and documentation. Think of all that you might require to showcase. Then when you are ready run it past through someone who is not within your team but understands financials and business investments. Get all relevant feedback and restructure your business plan. After all this please start connecting with angel investors on LinkedIn and also at various investment platforms. Share your brief business plan with them and request them for a meeting to discuss to take it forward. Please make sure to let them know why you want to connect with them. Please dont forget to take feedback from them after meeting as it will help you to improve your next attempt in convincing investors.

Hope te above is helpful. Feel free to connect with me dsouza.melroy@rediffmail.com


  What is an ideal size of ESOP pool before raising your angel round? Is it justified for angel investors to ask for ESOP pool creation before they invest?
Posted by: admin - 08-05-2019, 12:00 AM - Forum: Fund raising - Replies (2)

I would ideally set aside up to 20% as ESOP pool depending on pre or post investment. As a start up, you wish to engage best resources in manpower to scale better and faster. Of course with budget constraints, and uncertainty and newness, it becomes challenging to attract quality manpower and to gain their trust. So, ownership helps them to trust and makes them responsible to the organization. In fact, it makes everyone tug at a single goal despite the challenges and helps them understand the founders better. If your angel suggests you to set aside for pool before investing, it is good suggestion and probably (s)he has seen the potential of your venture and wants to set up good habits at early stage.


  How a startup before product launch can be valued for funding on equity basis
Posted by: chinmoy@allizhealth.com - 07-31-2019, 12:00 AM - Forum: Fund raising - Replies (1)

There is no scientific to determine the value of a startup before product launch as simply, there ain't any cash flow. Someone might choose to invest because they they believe in the team, the idea, the market and the product. The valuation will be whatever the investor would suggest and then few rounds of back and worth. Any other valuation that some consultant or advisor tries to sell to is absurd.


  Should entrepreneurs use investment bankers for raising their angel round? If Yes what should be appropriate success fee shared for the same?
Posted by: vickyvishal82 - 07-30-2019, 12:00 AM - Forum: Fund raising - Replies (2)

Yes, success fee 3 to 5 %