I love working in the startup environment, where anything is possible and positivity flows in abundance. However, I feel like there has been too much focus on funding. I see young startups working towards getting funding and celebrating when they do as if they have won the jackpot, and I see mentors pushing entrepreneurs to focus solely on getting investors to invest in the business. In my opinion, getting funding in and of itself is not an end goal. It might be a stepping stone towards reaching a goal, in which case it is very positive, but it should never be viewed as the purpose of the startup.
Maybe I am a bit old school, but I believe you should focus on creating value for your customers and revenue for your business, and then investors can come in to help you grow even faster. The investors won’t be able to do anything for you unless you already have a value-creating business.
Frumkvöðull í meira en 20 ár. Stofnandi 7 fyrirtækja og Frumkvöðlar-samfélagsins. Skrifar um ferðalagið — gott og illt.
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