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How do you get the startup capital to do this? At least in the area where I have know how it would cost at least a million to get the space, hardware, raw mater
by harimau777 2y ago
How do you get the startup capital to do this? At least in the area where I have know how it would cost at least a million to get the space, hardware, raw materials, and employees to start turning out products. Then you would need money for marketing and logistics.
- whynotmaybe 2y agoDepending on where you are, you can often find gov support to start your business. (Here in Canada, this support can be grants, loans or event free experts time.) When it's gov monetary support, you usually have to bring 50% of the total amount. Otherwise, you can contact incubators like YC. If they approve your idea and grant you money, you can then easily apply for loans at banks because you've been vetted by a well known company. After all that energy spent, you will understand the quote : > Everyone has an idea. But it’s really about executing the idea and attracting other people to help you work on the idea.