Raising capital for the development and commercialization of a start-up company or an innovative idea is always one of the main requirements for its success. The importance of this issue is so great that capital can even be considered as the wings of a startup to enter the market and compete. Success Stories Many people have heard of some tech startups that have become very large and successful tech companies today. The young age of the founders and their sudden success has caused more attention to be paid to the life and ideas of the founders and their set of ideas and decisions in the development of their ideas and company. A closer look at global success models reveals that such ideas have succeeded not only because of the idea of a garage or dormitory, but also for a variety of reasons, including their funding model.
The reasons why start-ups use the services of Holder Financial Group to attract investors are as follows:
Enhancement of capabilities
This factor is an example of the famous proverb “one hand has no voice”. In today’s world trade, one can be successful provided that one person does things according to his or her expertise and skills and leaves the rest to others. In a start-up, developing an idea also requires different specializations, equipment, support, marketing and sales; It is somewhat optimistic to provide all of them in the form of friendly relations between the first few founders and help from the family.
Optimism in financial estimates
One of the main problems for start-ups that leads to their failure is the lack of accurate cost estimates. Cost estimation is a key skill that is generally not performed well in developing countries, and this factor has led to the planned time and budget in many cases not being true. This is where the investor can solve the problem by entering and act as a strong lever to move the startup forward.
Ability to overcome cross-cutting financial challenges
The innovative nature of startup ideas allows entrepreneurs and founders to face many uncertainties and ambiguities in the development of the idea. Obviously, these challenges can lead to cross-cutting losses that are not entirely anticipated and can be accidentally imposed on a start-up. The lack of sufficient financial resources to overcome these cross-cutting financial crises reflects the key role of investors in the ultimate success of startups.
One of the most important and effective aspects of a startup ecosystem is capital, which will play an operational role in the formation and success of start-up businesses. According to global statistics, “Bootstrapping” personal capital is still the main method of financing a startup in the beginning. According to these statistics, more than 80% of entrepreneurs have tried to start their own business using their personal capital and 14% with the help of friends and family or bank loans. Capital can be considered as a serious obstacle in creating a suitable environment for the activity of innovators and young technologists in the initial steps of starting a startup, which is an important challenge for most of the founders. It should be noted that many startups are successful in financing themselves, and this promises the possibility of raising capital if a suitable and smart strategy is adopted in this field. Obviously, choosing the optimal solution for financing depends on in-depth knowledge of all possible solutions and identifying the requirements and preconditions associated with each of them. Holder Financial Group facilitates the success of start-ups in implementing innovative ideas by having a wide network of private investors and angel investors.