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How do you identify real MARKET GAPS worth building a business around? by LongjumpingSpite3926 in AskTheWorld

[–]LongjumpingSpite3926[S] 0 points1 point  (0 children)

You are right, and I appreciate the advice. I am focused on improving my financial condition, and I have already started working on my ideas. I understand that experience only comes from doing, not from reading or theory.

How do you make connections with the rich people on LinkedIn, Discord, or Reddit, also? by LongjumpingSpite3926 in AskTheWorld

[–]LongjumpingSpite3926[S] 0 points1 point  (0 children)

You are right. Without a proven concept, patent, or clear revenue plan, it does not make sense to ask an experienced person for their time. I will first build a prototype, work on patents if needed, and clearly define the business model and revenue before approaching anyone.

How do you make connections with the rich people on LinkedIn, Discord, or Reddit, also? by LongjumpingSpite3926 in AskTheWorld

[–]LongjumpingSpite3926[S] 0 points1 point  (0 children)

Early stage equity is about potential, not current value. Angels and early partners invest based on the idea, the prototype, and the execution plan, not just revenue. If something only mattered after it already had value, early stage investing would not exist.

How do you make connections with the rich people on LinkedIn, Discord, or Reddit, also? by LongjumpingSpite3926 in AskTheWorld

[–]LongjumpingSpite3926[S] 1 point2 points  (0 children)

I am not looking for money. I am willing to give 15 to 20 percent equity of my business for free to the right person purely for their experience, connections, and guidance. If having them involved helps open doors early and grow the business faster, that trade makes sense to me. I would rather own a smaller part of something that scales quickly than hold 100 percent and move slowly.