Now, this is one thing that every entrepreneur talks about. Obviously, it is the most crucial of things. Who does not try reaching out to Angels and VCs?
But, just like 80% of Engineers passing-out of college each year are not job worthy, the reality is that 95% of entrepreneurs are not fund worthy.
And the good news is that, it is 100% in the entrepreneur’s hands to identify that s/he is in the ‘not fund worthy’ bracket and work towards over coming it. You would be surprised at how easy this is, once you have gauged yourself and realized where you stand!
So, how do we know if we have scaled the wall and entered the worthy 5%? Where do we stand now and how do we improve? Is there a framework to follow? Can there be one?
Note to the moderator: This post would be continued. The idea is to first start a discussion and then, put the framework forth. It is more effective that way.
Sasikanth Chemalamudi, My Blog – The First Crore
