^ This.
Craftsmanship has its value, just not for a venture capitalist.
In any case, you have to have your plans in mind already. Where do you want to go? Who do you want to serve? What can you offer that no one else can?
You must have the answers to these questions before even start looking for an investor, whether an angel, venture capitalist, or even family and friends.
What do you mean?!
Sales are an essential part of a business.
If you want to run one, you must be able to sell! If not, at least partner with someone who does. Otherwise, you may have the best product/service in the world, but no one would know about that. And if they donât know, how would they buy it?
Thatâs the problem. People who are good at sales will not help me with it at any price.
Perhaps with an angel investor I could afford to hire someone to do this.
So it looks like being bad at sales just makes you the bottom of a ladder because you could be the best engineer, scientist, etc. but you suck at sales, it doesnât matter.
This is why I envy those people who have such social skills. They can make anything happen.
But how about independent contractors? You know like guys who do landscaping, painting, plumbing, etc., how do they sell? They are not salesperson, theyâre plumbers, electricians, etc.
When it comes to work, everyone is in sales. Better to realize it sooner.
Doesnât mean you have to be a schmoozer, just that you have to be mindful that people judge their interaction with you even if they donât realize it.
Maybe your business idea is to launch a crowd funding service in Taiwan. Youâve already found an unmet need. Then keep the guitar shop as your tax shelter.
Typically accelerators have a summer and winter batch so you need to apply a couple months ahead of time and do some planning.
I went through an accelerator in Taiwan, they didnât take equity, helped me promote my startup and hire local talent so in the end it was worth it. Some of the startups they take in just to build their brand (i.e. founders or startups with lots of achievements), and a few theyâll take in at the idea stage. A tech startup needs to be scalable, and they have to believe that youâre the right team to work on it. Also depends on the quality of applicants in your batch.
Is there some sort of group / place for startups looking for technical co-founders / first developers in Taiwan?
Iâve had a few failed projects myself where I was unable to find product market fit, but am pretty good at taking an idea from 0 to MVP on my own (and have been a professional dev for 6 years) â Iâm starting to wonder if I should pair with a more business oriented person.