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Have you tried raising funds for your project but faced rejection from investors? Was it the space you’re in, the idea itself, or something else? Many founders struggle to convince investors, especially without a compelling MVP or pitch.

What challenges have you faced while fundraising? Are you stuck at the idea stage, or is building an MVP the roadblock? Let’s discuss strategies for crafting irresistible pitches and overcoming these hurdles to secure the backing your startup needs.

Seniorwriter:
First thing to do as a startup is to build relationship with needed personnels but if you have money to throw around then use it to employ needed hands of experts in related fields of yourventure intent....for me i get expert hands from DISCORD groups.
BTW if you are a startup and you need pocket friendly expertice hands plus brand optimization then feel free to quote /mention me with details and a contact digit preferably whatsapp....if you also need finance related assistance dont hessitate to reach out too.


Seniorwriter

Is this "Discord Group" on Instagram?
How can one verify them and the jobs they have handled ?

?

LoanShark:
Business failure rate for tech start up companies is very high, not only in Nigeria but globally this is why banks are often hesitant to give loans to them

I think the question is, Are the banks doing due diligence or just rejecting on the assumption that it's a potential failure, when it may be infact the next potential unicorn.

In Nigeria, even with property as collateral, accessing bank loans for a tech startup can be tough if you don’t have consistent cash flow. Banks often want more than collateral. They look for proven cash flow, which many early-stage startups lack.

Have you or anyone you know successfully used a bank loan to fund a startup? How did you navigate the cash flow requirement? If not, what other funding options like grants, accelerators, or alternative lending platforms might work for someone in this situation?

Let’s discuss real-world experiences and practical advice to help aspiring founders access the funds they need!

For many Nigerian startups, finding skilled and reliable developers is a major hurdle. Whether it’s a lack of verified expertise, high costs, or unmet expectations, building the right tech team can feel daunting.

Have you struggled with this too? How do you find and vet trusted developers, either locally or in other regions? Are there platforms, communities, or strategies that have worked for you?

Let’s share practical solutions to help startups overcome this challenge and find the right talent to bring their ideas to life.

Floor still open for contributions to the Topic

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Floor Remains Open

Many successful startups started with minimal resources, relying on creativity and grit to launch. If you’re bootstrapping or struggling to secure early funding, you’re not alone. What strategies have you used to build and grow with little capital?

Whether it’s leveraging free tools, tapping into networks, or finding alternative revenue streams, share your story. Let’s discuss how to make progress when funding is scarce!

Amazing!
That is a very rear one. Well Done.

What is the challenge with the Software Developer?
Will you like for someone here to recommend a Verifiable, tested and trusted team to you?

Do you want to tell us a little more about the project without necessarily spilling the Core part of it. Do you have a partner or co-founder?

If you can't write codes, it's usually very helpful to have a Co-founder who can. Have you considered these parameters ?

dawnomike:
I am building a pan-african digitalized cooperative society using SAAS native app.

Absolutely!
Maybe if we know what @dawnomike is building, you can recommend a verifiable and reliable team.

emmy512:
Projects like that should be given to companies that specialise in building those complex projects with various teams than cutting corners to give to one developer.

From my experience I know how challenging it can be to find a Software Developer who truly knows what they are they doing in Nigeria. Especially as it concerns Developing a relatively complex project.

What are you building ?

dawnomike:
The software developer...

What Stage are you at the moment?

Readerr:
Capital

Turning a great idea into a Minimum Viable Product (MVP) is one of the toughest yet most crucial steps for any tech startup. Whether it’s lack of funding, trouble finding the right talent, or technical roadblocks, many founders struggle to get their concept off the ground.

Whether it's Edtech, PropTech, Agri-Tech
or Any Tech at all.

What’s been your biggest challenge in moving from concept to MVP? Is it a technical issue, resource constraint, or market validation? Share your experiences, and let’s discuss potential solutions to get your project moving forward.

Perhaps i'm suppose to wait until maybe 5 years of being here before posting a Topical issue as this, that is relevant right now in this season?

This Topic is a burden for alot of people and I opened this thread for like minded people to discuss and share ideas. I'm sure you didn't see where i asked anyone to send any money or invest anywhere. I'm sure you can also see that I didn't ask anyone to invest anywhere particularly, like those fraudulent trading threads. I also didn't drop any means of contact. So If you don't understand, you can simply move on.

Are you holding substantial funds in your bank account while inflation and the Naira’s devaluation erode their value? Meanwhile, entrepreneurs with transformative ideas in sectors like Agriculture, HealthTech, EdTech, PropTech etc are out there, just seeking financial backing to build their MVP. With this soft backing, they could qualify for major funding from accelerators, angel investors, and VCs.

I know investors actively seeking promising businesses to support and scale. Partnering with the right founders at this early stage and reaching a mutually beneficial agreement could generate substantial returns in equity for you, especially as they move towards their first seed round.

Let’s discuss how to make strategic connections in a sustainable, secure and proven way.

What are your main concerns if you happen to be in this category ?