How to make money the startup way

How to make money the startup way

How to make money the startup way

With the current high rate of unemployment among the youth, most youths have been advised to turn to business. But the elephant in the room is how to startup. Here are some tips that can help you out.

Also read:How to answer the frequently asked interview questions

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  • Find a product or idea that is popular but not yet perfect.

 

  • Buy one and study it in detail.

 

 

  • Figure out how to improve it.

 

  • Make a prototype.

 

 

  • Show the prototype to a hundred people.

 

  • Remake it until people start pre-ordering it.

 

 

  • Find a co-founder who can built it with you.

 

  • Split with your co-founder 50% of the responsibilities.

 

 

  • Find a person with a lot of money who can be willing to be an investor.

 

  • Give your investor 10% of your company.

 

 

  • Make the product/ actualize the idea.

 

  • Sell your product to one million people.

 

 

  • Get more money and invest.

 

 

 

  • Your investor, co-founder and you will make money when you sell shares there.

 

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