Skip to main content

Posts

Showing posts from September, 2017

Nigerian StartUps, find your way to Crowfunding

For every startup, funding is a vital ingredient to growth. Although you may not need to have big cash to start well, your big idea is required. As your startup grows, you will definitely require cash at some point to fund some processes, procedures or anything catalyst that could speed up or fine tune growth. It could be logistics, acquisition of tools of trade, hiring a techie or some specialist(s), value addition to your products/service and many other reasons as may apply. Well, thanks to technology and creativity that surround us especially those instrumental strategic pushing of funding to end users. The major practices we’re used to are the business funding all the way to production and having to recoup their investment only when they are lucky to sell. The risk involved is higher in that model actually. For some startups, strategies have evolved where you find most of the investment come as labour and dedicated time developing the products and services. Cash...