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Anonymous

Anonymous

Hey I am on Medialย โ€ขย 21d

How can I get initial small funding for my startup ? My family doesn't support me. As a student I don't have any money or even bank account. I just wanted first inital funding of few thousands so that I can host my startup's website, buy domain and

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Sambit Ghosh

Founder | Acrilc | A...ย โ€ขย 19d

been there, and I can feel you, so here is the thing, you start by an idea, something that solves real problems, Start up is made by 4 things, Great Idea, Great Product, Great Team and Great Execution. As you dont have any family support, start with a clear vision and find a co-founder (if you are not from a technical background, make sure you have a technical co-founder). The funding part is tricky. If you are a 1st time founder and not from high esteemed universities like IIT or IIM, then it could be a problem to raise money, because in pre seed round, investors bet on the team and their capabilities to execute. At last, be user obsessive by securing a few funds, launching mvp, taking feedbacks and iterate. (PS: If you are a student and bellow the age of 22, you can also apply for Theil Fellowship)

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