I’ve come to find that within a growing number of industries, more specifically in tech-dominated spaces, that more and more entrepreneurs are becoming reliant on the idea of finding investors, or some form of financial backing before taking their solution to market and starting a business.
This notion that there needs to be funding or some form of stimulus before making the decision to create a business is somewhat ridiculous, in my opinion.
I don’t know if hard-work, sacrifice and the due diligence required to prove oneself in the market isn’t as important anymore; or if I’m just outdated.
Doing Sales Versus Hunting Down Investors
I’m finding it quite interesting that more and more potential entrepreneurs are avoiding taking a route to success through the sacrifice of time, effort and resources in order to get their company started and off the ground – instead they opt for some sort of external funding.
This sort of logic shows that it would be wiser to spend precious productivity on chasing down investment and financial support in search of someone to fund your dream business – when all of that drive and ambition could be spent on developing the product and sales strategy to achieve that goal through one’s own volition.
There’s a lot of conversation around the idea that starting a company without funding is far too difficult or strenuous to be achieved in this day and age, and that spending time on a sales deck to lure in an investor would be the right way to go about making this happen.
But very few start-ups need this type of external investment and I find it a bit lazy to avoid the more traditional route of sacrificing your own resources and pushing your hardest to achieve success on your own terms, without the need for that sort of intervention.
I’m not saying that investors are a bad thing, either, but when too much emphasis is placed on financial support, it can be somewhat problematic and hinder your growth as an entrepreneur.
If the time is taken to develop the product or service and some sort of financial sacrifice is made to put your solution out there, then it’s far more applaudable and attractive to potential investors that could provide funding further down the line.
By putting more ambition and drive into your product or service and showing that you believe in what you’re bringing to the world, you’re likely to achieve far more results.
Other than the achievement that comes with that desire to make the necessary sacrifices to start a great business, you’re granted far more autonomy and freedom in the decision-making processes and feel much more empowered at the end of the day.
As someone that has invested and provided financial backing to people and their dream businesses, I always consider certain criteria and would never blindly give away money without weighing out the attitude and character of the entrepreneur, first.
That being said, one of the biggest motivators that will attract me towards investing in a potential business owner is their ambition and the momentum they’re able to create in pushing their solution through sales, sacrifice and determination. There’s a certain level of reluctance I feel toward giving my money to someone that doesn’t show me that they have these qualities and don’t have enough belief in their solution to brave the storm themselves.
I suggest to anybody that wants to start a business and conquer the mountains that come with being an entrepreneur, to have enough belief in their product or service to first engage in the sales, marketing and make the sacrifices needed to brave that inevitable storm.
If your ambition is to be an entrepreneur, a successful business owner and believe that you have what it takes to take your solution to the market on your own terms, but require a bit of guidance and advice: as a successful business coach, I can help you with that.
Perhaps you’ve been putting in the effort and have a solution that you know is of real value to particular markets and industries, but can’t get past a certain point and might need some financial intervention: I can also help you with that.
It’s quite easy to grab my attention, as my phone is always fully charged and I’m constantly reloading my emails page, waiting in anticipation for a client just like you – so, let’s make something happen, soon: [small investment required]
+2783 253 3339