4 ms·
First thing - congrats for even getting this far; most people don't. Second - we can't tell you what to do; we can offer opinions though. Just keep in mind tha
by ScottWhigham 17y ago
First thing - congrats for even getting this far; most people don't.
Second - we can't tell you what to do; we can offer opinions though. Just keep in mind that our opinions, while well-intentioned, come from our own experiences and as such will be what we would do in that situation. We aren't you and so take what we say with a grain of salt.
Third - The demo approach is best in this situation IMO.
Fourth - Why are you asking us? Your partner/friend should really be handling this side of it IMO. If you trust him/her to be your partner then you should trust that person's experience and suggestions. I guess my question should be re-phrased as, "Why are you the one asking us and not your partner?" This is a biz dev question for sure.
- maheshs 17y ago>"Why are you the one asking us and not your partner?" This question is from both of us as we both are in same shoe.
- ScottWhigham 17y agoGood - that makes sense then. Other thoughts: #1 - things almost always take longer than you expect despite what others tell you. It takes 3-6 months to close a round of small financing. It will probably take 1-3 months to find the right people to pitch to. It probably takes a month to find good attorneys+auditors+etc. #2 - Leave time between pitches so that you can tweak. You will learn something from each pitch and you want time to add features/slides to your pitch deck/presentation. I'm not trying to dampen the experience; I'm just making sure you understand that building a business takes time. Good luck to you both!