Investors typically want to see that you already have something
in play already. Ideas are worthless if not executed well.
So if I'm an investor, why should I invest in you? Especially
when you have nothing concrete to show? No ROI. No history or
background on your partners and most importantly yourself.
Remember, to get something in value (investment in this case), you
must give something of equal value (something concrete).
Thanks for the advice.
First of all, I would turn to my school for consultancy and
initial support (as well as venture capital) to at least get
incorporated and have my first sales. The university is fairly
supportive of student enterprises. Then, depending on the growth of
my business, I'll have subsequent rounds of investment from angel
investors and possibly the government.
Would that be viable?
