Advice On Financing Your Own Business Idea

If you have been praying and asking God for financial breakthrough in your life, but haven’t received a blessing, it is time for a major change. I want to challenge you, for the next 30 days, to do something different. I challenge you to GIVE to the less fortunate like never before. Investors will give it a cushion of about three years of losses and cash-draining operations before they get antsy or even uptight (in the way investors of no-profits-yet Twitter have become). A $25-30 billion valuation tolerates losses in early years, but means an avalanche of profits in the billions are on the horizon. In a rudimentary (and crudely computed) way, a $25 billion valuation means the company is expected to generate operating cash flows within five years of at least $1 billion/year (that’s profits, not revenues), remain on that plateau and grow from there at a rate of at least 2-3 percent/year.

You can also furnish your electricity or telephone bill as supporting evidence. You must verify your identity by furnishing your identity verification documents such as passport, voter ID card, ration card, driving license etc to register your business in India.