LExperience

Tips for Approaching Investors for a Startup Funds or Innovative Ideas

Tips for Approaching Investors for a Startup Funds or Innovative Ideas

fundraising, investors, LExperience
Approaching investors is a sensitive business and you want to make sure that you do it right. Meet Innov would like to help you avoid the mistakes most entrepreneurs make when approaching investors. We would also like to give you some tips for preparing yourself properly. Starting a new business or implementing innovative ideas is a great adventure, but most people need some financial help from investors. When you are preparing to approach investors, keep these in mind. Have a clean credit record – If you don’t already have a business or your new business is not yet up and running, investors will look at your personal credit record. So, make sure that you have a good credit score and that any problems or mistakes are sorted out before you approach investors. Most investors have sp
What is Innovation and Why Do We Need It?

What is Innovation and Why Do We Need It?

innovation, LExperience
Innovation refers to ‘the process of translating an idea or invention into a good service that creates value or for which customers will pay’. This is the basic definition of innovation according to the Business Dictionary. For something to be called innovative, it must fulfil a need and also be replicable in order to sell it for economic cost or financial gain. Innovation usually involves taking an old idea and doing something new with it. It can also be a completely new idea that makes a process or product stand out because it does something that hasn’t been done before. Creativity is the essence of innovation. Innovation should improve l’experience for consumers and clients in these fields. So, why do we need innovation in business and other fields like education, health, and tech