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6 Signs Your Business Idea Is Ready for Financing

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Title: 6 Signs Your Business Idea Is Ready for Financing


1
6 Signs Your Business Idea Is Ready for Financing
  • Opportunities for All

2
Table of Contents
  • 6 Signs Your Business Idea Is Ready for Financing
  • The People
  • The Idea
  • The resources
  • Originality
  • Design and Methodology
  • Conclusion

3
6 Signs Your Business Idea Is Ready for Financing
  • At the core, a business idea is a solution that
    can solve a challenging problem. For an
    entrepreneur to take this up and venture into
    something new, it takes time, dedication,
    revenue, and resources.
  • Therefore, before making such ardent investments,
    it is of utmost importance that the field is
    studied and thoroughly researched to avoid
    blunders.
  • This brings us to investigate critical factors
    that helps measure success of a new venture.

4
The People
  • Founders and visionaries understand what it takes
    to build a business. These are people who believe
    in solving critical challenges and are ready to
    take on the world any day. Quite often its just
    that they get too busy in so many things, that
    they would want people with a similar drive and
    focus to substitute them.
  • Start-up business ideas thrive on such
    trust-worthy people and their inputs. This class
    of people are mostly business leaders who bring
    entrepreneurial ideas to the table.
  • They speak of innovation and creativity to open a
    new chapter in technology. For them, nothing is
    small nor big, all that matters for them is
    whether they can execute what they want or not
    and most importantly, how to get there.

5
The Idea
  • The idea on the other hand is as important as the
    people working for it. One needs to be sure of
    the online service or the product one would be
    selling.
  • For example, if you wish to open up an online
    web-service on a small scale, as part of a small
    investment idea, then you need to research market
    requirements thoroughly and the traffic you would
    get in demand for your service.
  • If the business idea is new and has never been
    seen or experimented with and if it has credible
    problem solving ability, then be assured that the
    right kind of market placement will scale the
    idea far beyond expectations.

6
The Resources
  • Start-up ecosystems are always critical in its
    infancy because of its uncertainty. Start-up
    ideas will work given that it has the right
    leaders, visionaries, people with a common goal,
    and most importantly resources.
  • Resources in start-up business ventures are
    crucial.
  • Resources may involve investment, man power,
    right talent, publicity, marketing strategies, a
    proper plan, financial management, business
    ladder, objectives, place, documentation, a
    platform and so on.
  • Continued

7
The Resources
  • Probably, one cannot find all of this in one
    place. But a website like Viewham can do this for
    sure. Viewham is designed to collect data from
    across so many sources and from many people.
  • People would want to have a platform where they
    can post their ideas, the roles and
    responsibilities of their online business ideas,
    the budget distribution and other things of their
    small investment plan and so on. Other people
    can collaborate with the creators and take a
    business idea forward. This constructive platform
    therefore, will help elevate their start-up idea
    into something new and worth a venture.

8
Originality
  • Creativity is the birthplace of originality.
    Being creative is an art, a talent per se.
    Conventionally, a new business idea is a creative
    geniuss brain child.
  • The creative guy would know everything that will
    and might work out for a successful business
    venture. once all this is documented, he would
    then turn into expanding it along many parallels.
  • Here, care should be taken to preserve the
    originality of the business idea.
  • Continued.

9
Originality
  • Things like objectives and aims should clearly
    have a framework around the start-up culture.
    These core objectives should not be frequently
    changed or altered.
  • This is one way to preserve originality. Other
    than this, there are things like, new ventures,
    acquisitions, trades, audits happening every now
    and then, where executive team may have to take
    uncomfortable decisions.
  • But again, as said earlier, great care should be
    taken to not have a paradigm shift all together.
     

10
Design and methodology
  • These days its no surprise that people find ways
    to go digital. People also take their new
    business ideas online. Submissions,
    registrations, attachments, downloads, uploads
    all happen in a digital format these days.
  • Therefore, there is a need like never before to
    explore all or important things on the internet.
    Also growing, is a demand for thriving and
    sustaining online. A great design strategy and
    agile methodology can help a long way. An
    entrepreneur must know how to steer his way
    through the chaos and create avenues to ease his
    way into the market.

11
Conclusion
  • All the pointers mentioned above are brought
    together keeping in mind the importance of
    business ideas and ventures that will help any
    new start up idea thrive in the market. These
    pointers individually are separate field of study
    all together.
  • Any business leader who knows what it takes to
    become successful will obviously look into these
    aspects that will help the new business idea grow
    and flourish.
  • All in all, if you are looking to invest, or
    pitch a new business or a start-up idea, Viewham
    may actually be a good place to start. 

12
Thank You
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