Startup Investment: Knowing Your Way

in Project HOPE4 years ago

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Having an investment is one thing almost everyone want to engage themselves with but at times, we always find it hard knowing what we should invest into and at times this always make us invest in the wrong kind of investment and along the way lose our investment. We all know that investing is all about risking but no one pray to investment in something that wont yield any reward or pray to lose his or her investment. Nowadays investment world have really gone wide with lot of amazing options and offer for investors there by creating more opportunities for us than what we can every imagine but the question is do you know your way in the investment realm?

We do tend to find ourselves in almost things we had no idea about just because the reward is really enticing, so huge that we cant take our mind away from the offer and we end up crushing our investment capital. One thing we all should know is that when you want to invest, You Need To Start With What You Know First. Yes, invest in stuff you know you have vast knowledge about, things you know you are good with, there are lot of start up out there which are in line with our field of work where you can easily invest in and also roll with them. there are some startup that always welcome the ideas given by investors who have vast knowledge in their area of specialization, this kind of value added wont just benefit the company alone if it work out, it will also add more value and income to your investment.

Have you ever have a one on one talk with the founders of the startup you invest with. You don’t need to meet them physically, startups now create zoom meetings, hackathons even events or conference which you can always attend, ask questions bothering you directly and also know their plans, strategies which they have on ground in building their business, this way you can know if what they have in mind will walk in line with your goals. You will be also to do one important things which is studying the team behind the startup. You can also make research on them, visit blogs and their social handles, this way you can always stay connected.

Lastly, as an investor, you should know when to Say No to some investment, no matter how huge their promise is, there are lot of fake investment out there with lot of enticing offer just to make investors fall victim to them but if you don’t know how to avoid such investment, you will always fall victim for them to prey on.

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Most times everybody want to start an investment but many didn't know when and how to even start it and at the end of the day they didn't start it

before investing in any project (start-up or established) it is advisable to understand the core goals of the project and ensure that a capable team is piloting it's affairs

Investment is definitely one of the important practices we should always keep doing as it helps to be financially more independent.

Thanks for sharing this great post with love from @hardaeborla and I hope you have a great day ahead 💓❤️

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