Don't be lazy and go through four steps

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To avoid such problems, startups look for private investment. As the company's financial performance increases, its value increases. The latter is especially important for those who invest money.

Advice from a bank:
You should not look for an investor when your company has no funds or is in debt. There is a risk that you will receive money on extremely unfavorable terms.

Preparing to find an investor
You can simply come to the fund, introduce yourself and ask for mailing database money, but the journey will be fruitless. Even if you have prepared a bright presentation.



make a concept product;
ask users about their problems;
analyze unit economics;
prepare a pitch presentation.
The implementation of any technological idea begins with the creation of a minimum viable product (MVP). Startups test the service on the first users. For example, you can create a mobile application and monitor reviews. Additionally, they add a subscription that offers advanced functionality.

The main thing is not to overdo it with the first users, so that unnecessary failures do not occur.

Deepvoice founder Roman Rabochiy says that his company created a telephone assistant Masha in 2020. The secretary answered calls if the subscriber did not answer the phone, and then passed the message to the owner.

When the product was in the MVP stage, Roman told about it, hoping to get 500 users. At that time, the company could not serve many clients. However, Masha got 10,000 users.