Currently where we work in developing our small operations, water that has been allocated for agricultural use, is being used to supply local residents in a rural and peri-urban community on the outskirts of White River, this has lead us to develop a risk analysis model for social investment
Starting at the retail end of your venture is the best way to break into any industry, find a product that resembles yours and begin to sell it physically and online. This will provide you with a base line for finding suppliers, customers and realities of your start up. Angel Investment Capital is usually friends, family and frontrunners who invest in you as person rather than your business.
At the risk of being an absolute hypocrite, I would personally encourage more start-ups to attend chamber meetings, build networks and volunteer when possible. The reason being is that we need to understand what it takes to organize a business community together, to think beyond inward revenue generation and outward value creation. My goal for the rest of the year is to attend as many FREE chamber and network meetings as possible.
All in all, I personally don’t believe in budgeting especially within the initial 24 months, but rather focus on managing your cashflow, remember to be disciplined, move slowly and strike hard. Of course, I write this with the best teacher of all, hindsight.