Founders who quickly secure VC commitments often approach fundraising as a dynamic ๐จ๐๐ก๐๐จ task to build momentum quickly.
I have experienced first-hand how important it is to prepare before raising capital and how difficult it is to do so indep
Deep down observe people around you , then you will come up with at least 3/4 problems
Then solve a problem worth $ something with a solution .
If not then never call yourself a founder ever.
The XY Problem
Originally a concept in programming and customer service, the XY problem happens when someone asks for help with a specific solution (X) they've chosen rather than articulating the actual problem (Y) they're trying to solve.
Eg - Buy
Hello everyone
I have a business plan
The plan is as follows
I have seen that most of the students after 12 face the problem of the rent room
As the entrer their dreams college in the city of where the hade never com
So we can develop a app that
If you are using food delivery app like swiggy and Zomato.
Which problem you have to face ( problem should be any kind of , ex. Delivery time, cost, app interface, etc. )
And suggest me that if a new food delivery company enters in the market, what