- You propose your idea to the audience;
- Form a team;
- Fine-tune & Brainstorm;
- Work on building prototype
- Present at the end of the show.
Unique & interesting indeed! I used to follow such entrepreneurship, startup, VC funding events/ news/ seminars before I started my web hosting/ web marketing agency. It’s been more than 5 years and these guys are as active as they were before.
— Pranav (@PranavAmrute) April 13, 2015
In above interview Vijay talks about entrepreneurship journey and when to seek funding. He insists that you should not get funds for your first startup, (because you don’t have the skill-sets or you’re over-leveraging yourself). Interestingly, I’ve been through a similar journey, as I made lil-bit of money to float here and now I’m on verge of building my 3rd startup (and eventually raising the funds …did not seek angel/VC funding for the first two). It’s a well thought plan and I may look for funding for this project. Before you reach that stage, In50hrs seems to be the perfect programme to validate your idea and try/test the prototype under the supervision of experts and get the feedback.
Do you have the ‘great idea’ that is lying around for months and years in your mind? And you’re not working on it because you don’t get time or a good co-founder? Well enough excuses! If truly that’s the case, you should consider participating in in50hrs now!