Building a Startup: How much money do you really need?
Thanks to the Internet, entrepreneurs can now do more than ever before - especially when it comes to building a startup. How much money you really need to build one depends on your startup idea, but most of the time, you would want to bootstrap and build a prototype that gains enough traction for your startup to generate revenue over time. #1 - Ask the Right Questions and Validate Your Startup Idea There was once a senior of mine who wanted to start a business after graduation, but he had no idea how to get started. He did the usual - he Googled for ideas, information about building startups, and he started seeking the advice of others. I was 18 that time, running a website-building business and read a lot of business-related, finance and management books. I introduced him to the lean startup methodology and agile project management because his startup ideas had something to do with software development. He refused to share his idea, choosing instead to give a rough idea of his startup