Startup Funding Espresso -- Are You Fundable Yet?
Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. I talk with entrepreneurs every day about their fundraise. The most common question from the early-stage startup is, \u201cAm I fundable?\u201d The first question to ask is, \u201cDo you have a growth story?\u201d Are things clicking forward on sales, team, and product development? I believe the prospective customer should be involved at every step and not just the last one in buying the product.\xa0 The customer should be in there talking about the problem they need solved. They should be guiding the product development at some level. In every investor discussion, you should talk about the customers you are engaging and their interactions with your idea or product - even in the beta phase. You should also have a core team. In the very early stages, someone is building it and someone is selling it. No fair, you\u2019re both building it and no one is selling it. If you can answer those questions with substance, then you are in the game to consider funding.\xa0 It doesn\u2019t matter where you are on the journey, you just need to show you are making consistent and meaningful progress. Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.Let\u2019s go startup something today. ___________________________________ For more episodes from Investor Connect, please visit the site at: \xa0 Check out our other podcasts here: \xa0 For Investors check out: \xa0 For Startups check out: \xa0 For eGuides check out: \xa0 For upcoming Events, check out \xa0 For Feedback please contact info@tencapital.group