One of the most important know-how to acquire on the road towards becoming an internet millionaire is to learn how to get funded. Unless you have a millionaire uncle or father whom is willing to back you up all the way towards reaching a certain height for your start-up you'll need to getting funding somewhere along the entrepreneur path.
Everyday we hear on the news that a new start-up had just gotten a new round of funding. There is no shortage of hypes and annoubcements of people or companies getting money. There are also talks about a new bubble around the corner. You heard there are angels investors and there are lot's of VC's with lot's of money to invest. Then there are also the start-up incubators whom can assist you to get things started such as - Charles River Venture’s QuickStart Program, the famous Y Combinator, in China we Lee Kai Fu Innovation Works and many super star angels in between.
Dont be fooled that getting funded is easy as you may think you have the next big thing on your hands and every VC's should be knocking at your door.
WAKE-UP !!!
You are dreaming ... getting funded is probably the hardest thing on earth as its another skill-set needed as an entrepreneur besides knowing how to run your business. Getting yourself funded is also a full time job but its a part of your business program that could help take you to the next level.
Going forward I will outline what I think are the most important points and methods of getting yourself and your company funded. Without money you cant go forward fast enough on the internet World and you will be deleted eventually.
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