Eric Pulier has quite a bit of experience when it comes to launching tech startups. There are many different steps that must be completed in order for a startup to have any chance of succeeding. Obviously, creating and launching a startup will cost money. A startup project will not get past the planning phase without the money needed to make it a reality. Eric Pulier has mastered the technique of getting financing for all of the startup projects that he oversees. As you might imagine, there are plenty of entrepreneurs who want to know how he does this.
Coming up with a solid idea for a tech startup is not a problem for many people. It is getting people to believe in their idea enough to invest in it that they often find to be problematic. Eric says that preparation is key in order to make a pitch that will impress potential investors. This means that you need to spend a great deal of time writing your speech and carefully crafting every word. You must always remember that even a single word that is misinterpreted by potential investors could be devastating for your cause. He said it is also important to make your pitch in very simple language that anyone can understand. Investors could become bored and zone out if your presentation is too complicated and wordy.
Pulier says that you should never invest your own money in a startup venture. This is just a bad financial idea that has a high risk of turning out badly for you. Always get someone else to foot the bill for any tech startup project that you come up with. You should simply move on to a different project if you are unable to secure financing for a certain startup. It might be hard to give up your dream if you have been working on the startup for a long time. However, things will be much worse for you if a large chunk of your money is poured into a startup and it fails. An investor will eventually come along if your startup is good enough.
Visit https://www.engadget.com/about/editors/eric-pulier for more.