RE: 5 Tips For Getting Investment Ready

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5 Tips For Getting Investment Ready

in dlive •  6 years ago 

Hello, your advice is for traditional businesses and they are good, but if I'm in steemit it's because I want to go further, I have a good project, it's tangible products, but they also include technology, I think I can get a work team here, I need programmers, designers, experts in laws and blockchain. What will be better, create my start up first or talk in steemit my project to try to get a work team and investors?

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  ·  6 years ago (edited)

Hi @torek, it really depends on how you want to structure it. People typically act in their own self interest so you are going to have to offer them something in return.

It sounds like you are looking for collaborators. If so then you will need to entice them to collaborate, i.e. are you going to pay them in either fiat or crypto currency? are you going to offer them equity in your venture? are you going to offer them a revenue share scheme once the product is launched?

If I were you I would try to figure out what the resource requirements are and have a clear description of each of those roles. Then I would decide on how to acquire those resources per the mechanisms I outlined above.

Once you have that then it should be pretty clear on how you need to proceed in terms of investment etc.