I wear two hats: a fintech entrepreneur and an angel investor…
Please sign the petition here if you agree with the points highlighted below. This petition is based on my experience as an entrepreneur for last 2 years running CityFALCON and also based on discussions with other entrepreneurs. We hope that…
Unfortunately many people in the start-up space do not understand the difference between PRODUCT and SERVICE start-ups. User/revenue traction, i.e. “how many users do you have or how much revenue…
For service businesses where you can target customers from month 1 and even start making revenue, funding can be less important. But for ‘product’ businesses where-in you have to build for 2, 3, 6 months before you can start making… Continue Reading →
If you as an entrepreneur are running a service business or you belong to any of the categories mentioned in “Abundance of start-up funding in the UK but not necessarily for YOU”, you probably have not faced any serious issues with… Continue Reading →
Before I ventured out to launch my start-up, every morning when reading about start-ups raising 1, 2 or 10 million pounds, I was positive that there was abundance of liquidity in the market. Further, with equity, bonds, property markets at… Continue Reading →
At CityFALCON, we believe in hiring the best people irrespective of their location. Over the last 18 months, we have used eLance to work with several freelancers including developers, designers, business analysts and copywriters. We currently have people in Ukraine,… Continue Reading →
HMRC (HM Revenue and Customs) and the UK government have provided much better incentives for start-ups than in most other countries – SEIS, EIS, R&D Credit, Entrepreneur’s relief, etc. We at CityFALCON have taken advantage of most of these benefits, and… Continue Reading →
I had highlighted the benefits of starting a business in the UK in an earlier article – 11 UK start-up benefits that may make you wonder why you are still in a corporate job. A couple of the aspects of… Continue Reading →
Learning to code, as I did in three months before setting up CityFALCON, can be an extremely daunting prospect. But I fully believe that the effort that I have put into it has been entirely worthwhile, and that there have… Continue Reading →
While raising funds, I was asked these questions countless times: 1) Will you raise more money and dilute my stake in the company? 2) You said you wanted to raise £150k and now have raised £200k. You have already diluted… Continue Reading →
Governments around the world have realised that start-ups are critical to socio-economic progress. The UK Government is no exception to this rule. Thus, there are a wealth of start-up benefits provided by UK Government and other organisations which will collectively… Continue Reading →
“It’s impossible to fail when your goal is to try and make an effort to improve the World“ – Eric McAfee The concept of success can be extremely diverse. Some entrepreneurs end up as billionaires, while others are just happy… Continue Reading →
One of the first lessons that we learned at CityFALCON was that it is essential to stay as lean as possible during the fundraising stage. This enables you to keep fundraising to a bare minimum, and ensure that you will… Continue Reading →
During CityFALCON’s first year of trading, we were fortunate enough to secure £200K worth of funding from a series of high profile angel investors. Every one of these people have our undying gratitude, as without them, we could not have… Continue Reading →
Coding may seem like a daunting prospect for the uninitiated. Most people would doubtless think it is impossible to learn to code competently in only three months. While I can understand this conclusion, I know for a fact that it… Continue Reading →
Let me be clear – the purpose of this post is not to criticise anyone but to be honest and transparent, and to give some food for thought to stakeholders. I’m lucky to have some great people that work with… Continue Reading →
Founding a start-up is a big undertaking, and one that also necessitates a lot of risk. Unfortunately, in the competitive world in which we live, and particularly in the sometimes perilous economic state of the world at the moment, many… Continue Reading →
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