Sunil Muniraj, the
co-founder of Sagacious InfoSystems had started his organization from a very
grass root level into a brand that is currently in a position to offer best
data solutions worldwide. He has complete experience of the challenges that a budding entrepreneur
needs to face while laying the foundation stone for his organization. Thus, let
us rewind the talk that I had regarding how to look out for best investors to
strengthen one's freshly launched company.
1. Build
Your Networks:
As per him, networking is something that
continues to benefit even in long term. As a start-up businessman, one should
never understate business conferences and occasions. No matter how big or
small, the events might seem, they never cease with opportunities. Building
ties with similar minds open up with better prospects.
2. Figure Your
Industry:
According to Mr. Sunil Muniraj, it is very
imperative to look out of the window and figure out what other competitors are
up to. Given to human psychology, we all tend to think that our strategies and
planning are the best. But this can backfire many a times.
3. Sketch A
Business Plan:
He is of the believe that investors grow
interest only when you have a well planned business strategy. This is so
because none will prefer drowning themselves financially due to your faults.
Thus, convincing methodologies play best.
4. Look Out
for Angel Investors:
Another important suggestion he gave was to
fish out angel investors. These are individual business men or head of any
department who shows interest to back your business financially in return for a
small percentage share of your business.
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