How can we address early stage entrepreneur woes?

India has very few incubators as compared to west, as I have already mentioned it in my description, with that kind of mismatch in India and west, that is why we are seeing all the entrepreneurs head west in search of funding and they settle there and create jobs there, so we need more incubators and Angel investors here so that we are able to fund entrepreneurs here and create value here and jobs here and not in US. This is one way of US attracting quality talent interms of funding entrepreneurs like this, hope India learns something from this or else we will see no entrepreneurship drive happening in India.

The problem is also exacerbated when entrepreneurs baulk at ceding significant control over their companies at a very early stage in return for such cash. At pre-revenue stage, the investor is taking a lot of risk, and expects to get control over 30-40% of a company that he funds.

 Entrepreneurs, wary of giving away control at an early stage, fall-back instead on a network of family and friends, a move that can reduce future growth. Also  Angels operating individually can mostly invest up to Rs 25 lakh in a single company, who feels most start-ups that need further assistance, such as contacts, mentoring and cash to reach the next stage of growth, are left floundering at this stage. So see how much control you are giving away.

ENTREPRENEURS SHOULD MOBILISE REQUIRED LEVEL OF FUNDS BEFORE STARTING THE VENTURE AND START SCOUTING FOR MORE FUNDS FROM FRIENDS,RELATIVES,CONTACTS,BANKS FINANCIAL INSTITUTIONS AS TIME PASSES ON.IN A COUPLE OF YEARS THEY WILL REACH A POSITION OF IMPRESSING AND CONVINCING OTHERS TO SECURE THE FUNDS REQUIRED BY THEM.PERFORMANCE AND POSITIVE PROJECTIONS WILL HELP THEM EARN THE CONFIDENCE AND REQUIRED LEVEL OF FUNDS.

A solution to ease procedural delay may provide a relief to certain extend. For a entrepreneur, procedure set at during mobilisation, start-up, operation & maintenance, many a time, found to be  a hurdle to cross over . So, a solution to overcome such problems at the initial stage will provide a relief.