As part of article series ‘Product | People | Potential’ we have interviewed many fantastic UK start-ups and scale-ups, all with a wealth of knowledge and experience to share.
Here, we’ve rounded-up some of the best ‘Investment Wisdom’ advice from the series to date, that we hope will be helpful and inspiring.
Dammy @ Manchester BIOGEL: We are currently preparing for next funding round hoping for a bigger investment in the company. The advice I would give is that investment is directly correlated to the value of the company’s technology AND the need in the market. If the technology is good but there is no need, investors would struggle to justify funding it, so make sure there is both value and need.
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Neil @ Orbit Discovery: There are three pieces of advice I would give. The first is to stay focused on your objectives and don’t get distracted. The second is to trust your staff and listen to them. The third is don’t be afraid to say no.
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Napala @ Habitual: The most important thing I would say it that you really need to have a sense of humour about it because going for investment is really hard. There will be many rejections, and it’s so important not to take it personally. Having a sense of humour about it is what got my co-founder and I through, being able to laugh about even the bad calls.
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Science & Innovation Product | People | Potential features the UK’s most inspirational start-up and scale-up stories about growth and success within Science & Innovation. View all interviews