Have a plan ready for 5 years
He said that before starting a startup, trust yourself. Have a plan ready for at least the next 5 years for your startup.
Because if your idea works, money will follow. Giving the example of Oyo Room Services, he said that the concept of Oyo was that people could get rooms on rent for Rs 750 to 1000. Now this business has completely spread. Money for this has become an afterthought. He said that that is why I tell people that if you have an idea then work on it. You will earn money.
These are 5 types of angel investors
- Professional Angels – These experts are experts in their field such as doctors or engineers.
- Corporate Angels – These investors are those who are working with big companies. Those who have to invest in some innovation or technology.
- Tech Angels – These angels have good technical knowledge.
- Strategic Angels – These investors have better knowledge of an industry. They do mentorship or strategy planning work. These help startups to grow. These can grow your company up to 10 times. Like - a mentor or strategist
- Entrepreneurs – Successful entrepreneurs in various fields.
Follow your passion for youth
While advising the youth, he said that they should follow their passion. If you want to become the founder of a company or open a business. So work on your dream. When you honestly follow your passion and believe in yourself, you will be successful.
The country's well-known ed-tech company Safalta has started many professional and skill-oriented short and long-term courses to help the youth, from where you can make yourself a professional in any field sitting at home. Apart from digital marketing, there are many courses available here. Not only this but for the youth who are dreaming of a government job, there are courses to prepare for almost all competitive examinations on success. After studying here, hundreds of youth have got excellent jobs in the government and private sector, so what are you waiting for, join success today and make your brilliant career. You can also join these courses by downloading the Safalta App on your phone.