When to look for investors?
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Hey ryszard99 - drop me an email jacobaldridge at google's email service. I'm a Brisbane business coach so happy to offer any thoughts about your business plan, and I have some (some) connections into funding.
General rule is that it's best to look for investors when you don't need them, but for great ideas with a realistic plan that's not hard and fast.
General rule is that it's best to look for investors when you don't need them, but for great ideas with a realistic plan that's not hard and fast.
thx for the reply.. i'll send off something to your email now..
I've developed a proof of concept and have sourced hardware for a prototype and am creating a business plan to flesh out the idea (which as an IT guy is pretty tough going).
my idea is validated by friends saying they know people (and who are people) who have been looking for this specific solution but couldnt find any.
unfortunately for me i cant fund this myself and need to approach others for funding.
my question is, when is a generally accepted good time to get out there to start finding people who would be interested in looking at what i've come up with. If it makes any difference, i'm not in the valley, but in australia.