I'm 15 and, have a business Idea but need a start up investment of about €50000 to set up my company in Ireland! What is the best idea for me to do now?
I'm 15 and, have a business Idea but need a start up investment of about €50000 to set up my company in Ireland! What is the best idea for me to do now?
I have an idea = "I daydream a lot but am too lazy to gauge actually customer interest"
Honestly if you're doing a web startup you won't need startup cash until you've proven concept. Then, you won't be able to raise that kind of money unless you either already have traction (big numbers or big growth) or you have an amazing history.
Yeah... I definitely agree with that. Why don't you start finishing school first.
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why does it cost so much to register a company in Ireland. Do it in UK, its free to register there... just send the application to companies house but Im not sure that 15 years old can be nominated to company director by law.
it is good to have an idea. i will give you some suggestion if i know the details of your idea.
Do you have a business plan or business presentation for review? Without at the very least these 2 things you will be in for a very long uphill battle. Most ideas never get any funding and you really need something concrete before you start asking other to invest.
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It would be difficult at our age (i'm 15 too) but i would suggest talking to your family.
Start saving as much money as you can, ask for support from your parents, family members, or close friends.
Talk to your parents about taking out a loan.
If you're that serious about what you're doing and know that you will be successful that would be a good option.
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