Few steps you should follow while finding and investing in the right startups?
You have to analyze the purpose of your investment, what you can bring to the table except for money for yourself, and how much you can afford to invest
You can invest for the thrill of maybe making money, building a more interesting local ecosystem, or to brag about it to friends and at parties. Think about what you want to achieve - and it can be a combo of these.
Find the best startups to invest in and find what can you add on. The less money you want to invest the more you have to add in value to get to invest in interesting companies. The more value you bring, the better your chances are of getting your money back. If you have tons of money and represent a family office, you don’t need to add anything, and if you want to invest $10k you’d probably have to be Messiah.
You must have a skill that is a craft and can easily be applied and valued. Or you have something less tangible like network or industry insights. Or even vaguer like you are good at “strategies” or “planning”.
Finally, you have to make a budget. If you invest in very early stuff and do your own due diligence expect 10% of the investments to make returns, and if you invest on “public” markets and follow the herd expects 30% to more or less the money back, but no more.

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