Anmol Nandurkar Entrepreneur
What I need help with
My background as an entrepreneur
My current challenges
Hello,everyone! I am thinking of starting a business but I'll be needing 300k USD to get my product out. My doubts are:
If I need 300k, should I ask for more like 500k or more as I want to not give more than 15% ownership to an investor.
How should I split the ownership equity.
How much do investors invest. Will they be willing to invest more than 300/500k If I ask?
I don't have a co-founder. Should I make my brother one or an investor one or both of them.
Can I own A patent on my name and start the idea on the company's name. If I get investors to invest in the company and if I sell my IP, will I get all the proceedings or will it be split into the company.
can I make a deal with an investor,for example- If he is not investing 100k for 10% ownership can I tell him that I can give him 6-7% ownership for a discounted cost? Or I can give him ownership equity and a board position or co founder position for higher price.
can ownership be in decimal?
Thank you for your time ; )
About my venture
i havent taken any step right now but i am in the process of making a business plan and ive been reading a lot of books. im aiming to tomplete my project plan within the next 2 weeks
Countries of operation: United Arab Emirates