When should I seek investment for my startup?
An example of an AI chatbot conversation about when to seek investment for a startup.
When should I seek investment for my startup?
It's best to seek investment when you have a solid business plan, a prototype, and some initial traction.
What if I don't have traction yet?
If you lack traction, consider focusing on building your product and gaining early users before seeking funds.
How do I know if my business plan is strong enough?
A strong business plan should clearly outline your market, competition, revenue model, and growth strategy.
Are there specific milestones I should hit before seeking investment?
Yes, milestones like product development, user acquisition, and revenue generation can make you more attractive to investors.
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