Frequently Asked Questions
Startup-Wings is a UK-based Business Consultancy and Investment Firm, a growth accelerator focusing on three key aspects – Business Consulting, Brand & Marketing, and Investor Relations. With the aspiration of helping Startups and Investors, Startup Wings is committed to 360-degree growth across varied industries and verticals.
Yes, investors do add value to the startups. Here’s how:
- Raising funds: Investors can be the best guide for the startup to raise successive rounds of funding based on stage, sector focus, and maturity, along with aid in connection and networking or the founders to pitch the investors.
- Stakeholder Management: Investors manage the leadership and company board to facilitate easier operations of the startup. In addition, their domain knowledge and functional experience of investing and working with startups impart direction and vision to the company.
- Recruiting Talent: Sourcing best-fit and high-quality human capital is critical for startups, especially when hiring senior executives to drive and manage business goals. With their broad network, investors can also help fill the talent gap by hiring the right set of people at the right time.
- Marketing: Investors assist with a marketing strategy for your service and product.
Although investing in startups is risky; it is profitable for investors to place their bets on startups due to the minimal overhead capital requirement and significant upside potential.
The performance of the venture capital industry in 2012 was replicated by the Thomson Reuters Venture Capital Research Index, which found that overall returns from venture capital have increased at an annual rate of 20% since 1996, far outpacing the modest returns of public equity and bond investments of 7.5% and 5.9%, respectively.
Yes, you can submit your pitch deck here.
Yes, we charge INR 2,499 to review your pitch deck and give our feedback.
Yes, startups from any country can partner with startup wings.
You need to understand some fundamental business concepts. From a commercial perspective, you must identify your target market, conduct market research, track down investors, register your business, locate a location (or choose to be location independent), and create a product that differentiates itself from the competition. As a startup, you’ll also need to create the culture of your
business, maintain your commitment to your goals, and understand when to accept and reject comments. In general, you should be aware that startups are extremely labour-intensive and call for perseverance and commitment to succeed.
Numerous factors contribute to the failure of companies, and most of them are avoidable. Simply put, not all entrepreneurs provide a product the market needs or wants to pay for. Other firms are also experiencing the same “conventional” issues, such as a lack of funding, poor team leadership, poor marketing, higher prices, or more effective competition.
How quickly you want to scale, and your company model will determine all this. The initial investment will be used to create your product and to pay for the technology, as well as the team members required to carry out the idea. As you expand, you will need to budget for location expenses, further research, and promotion. Before you start looking for investors, the idea research, business strategy, and first product development must be completed.
Bootstrapping (your savings, friends, and family), angel investors, venture capital, government loans, government subsidies, and crowdsourcing are a few options for raising money for your firm. You will need to decide on a course of action based on the maturity of your company, local programs, or grants, and whether or not you want to rely on foreign investors.
Every entrepreneur and business developer must know the seven primary stages of startup fundraising. This shows a linear evolution for successful startups, but not all startups will be able to move on to the next stage.
- Pre-seed funding – Funding from family or friends.
- Seed funding – Incubators, angel investors or Early-stage funding VCs
- Series A funding – VCs, Accelerators
- Series B funding – VCs for late-stage
- Series C funding – VCs, Private Equity firms
- Series D funding – Optional
- IPO – Stock market launch – Open for public
Startups develop, expand, and function inside an ecosystem, which is a linked and dynamic setting. It captures how various moving players interact and coexist, just like real ecosystems do. A startup ecosystem is well-positioned for future growth when all of the components are operating harmoniously, collaborating, and attracting fresh talent and possibilities.
Startups, like other small enterprises, are critical to expanding local, national, and international economies. To begin with, even if they start as tiny enterprises, most startups want to expand nationally or even internationally. Of course, hundreds of thousands of job opportunities might be created by these startup behemoths.
Startups are research generation engines, they make it easier to connect with other entrepreneurs around the world, and they increase the production and distribution of goods and services on a smaller scale, but they are no less significant.
Yes! Startups, or at least successful startups, are typically associated with innovation. Though, even unsuccessful firms might bring novel methods and solutions that, at the time, merely did not appeal to many clients.
A startup accelerator is a mentorship program that offers aspiring business owners, and startup developers access to funding, networking opportunities, and office space in exchange for equity for a set period, typically 3 or 6 months. Startups that are focused on rapid worldwide expansion can gain a great deal from the guidance and education offered by mentors and seasoned professionals in the field.
Let’s say you already have a business operating, and you want to “scale up.” The first thing to bear in mind is that the initial building blocks determine if a firm is even scalable. Launching an MVP (minimum viable product), market research, a strong team, and a product that meets the market should all be part of the initial scale-up plan.
Scaling, however, involves adding value, goods, and services to make the lives of your consumers easier while containing costs. It goes beyond simply expanding. Each startup will scale up in a different way depending on what they have built so far, cash flow, team dynamics, and their specific short-term goals.
There are two pertinent questions here. Do you want to launch your firm without funding because you can’t locate investors? Or are you totally against the concept of investors? If the former, you’ll need to start off slowly with seed money from friends and family until you have a product or service that attracts investors.
For the latter, concentrate on your X-factor and create a product that is difficult to ignore as well as a team that lives and breathes your brand’s core message, brand, and ethos. Even though it will require a lot of effort, perseverance, and the use of social media and your marketing professionals, it is still possible.