When Should You Go To The VC?

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Karol Zielinski karolzielinski.com @KarolZielinski WHEN SHOULD YOU GO TO THE VC?

Transcript of When Should You Go To The VC?

Karol Zielinski karolzielinski.com @KarolZielinski

WHEN SHOULD YOU GO TO THE VC?

Simply… when you’re ready.

I recommend to follow

7simple steps

1Find a co-founder

Don’t try to do everything by your own.

2Build a product, MVP,

prototype or whatever

An idea is just an idea. Build something.

3Tell the world about

your product

Gain as many users as you can.

4Get feedback

You build this product for users.

5Fix everything

that has to be fixed

There’s no chance that your product will work perfectly.

6Stand out

I’m sure you already have at least one competitor

7Start to earn money

It’s worth figuring out if there’s someone in the world who’s able

to pay for your product

Now sit down and answer these 3 questions

1. Are you still able to develop

this product on your own/without raising an investor’s money?

2. Are you able to make your business grow/without raising an investor’s

money?

3. Are you able to sell your products or

services on your own/without raising an investor’s money?

If you answered “No” for any of these questions – you should start to look

for an investor.

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