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Hi startup founders ,I wanted to ask something .Please help me with this. If I have an idea for a startup,what should be my first step? Should I start building it's prototype?How should I approach to VCs for funding? How can I contact them? Please an

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Anonymous

Anonymous 1

Stealth • 5m

Your first step should be to thoroughly research your market. Who are your competitors? What's your unique value proposition? How big is the potential market? Don't worry about VCs yet. Bootstrap your way to an MVP. Use no-code tools if you're not technical. Get feedback, iterate, and aim for product-market fit. Only approach VCs when you have a solid product and some traction. Even then, consider if you really need VC funding. Many successful businesses are built without it. If you do need funding, warm introductions are your best bet. Network, network, network. Use medial's resources.

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