Currently I am in early stage of client acquisition for my very unique product as on cloud solution for Salary appraisals in HRTech. Some of my seniors in industry have said, they are willing to invest. Is it the right time to seek funding or should I spend some more money and resources to get some clients on board and then reach them. Thanks in advance.
If your business idea isn't either super 'sexy', or super obvious that it's going to work, then you'll need to get some traction before approaching investors. If you have enough confidence in your idea though, and if you need the money to get traction, you could look into letting friends and family get involved as early investors.
If you'd like to discuss the problem in more detail with regard to your specific idea let me know,
best,
Lee
Answered 7 years ago
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