How We Raised $700,000 For Our Startup without a product

DISCLAIMER ALERT: This post is not intended to be a guide as to whether or not raising money is for your startup or when the right time is. Neither is it a definitive guide to raising capital. It is merely a recollection of the process taken by us while raising funds for our previous startup and what we learnt along the way.Saying that I would really advise that you think long and hard if you really need to raise money for your startup.

Wake the F$%k up!

 I think this message is long overdue and one that should have come from every entrepreneur in the Cyprus startup ecosystem a lot sooner.I was recently asked to participate as a mentor in a reality web series where startups went through an 8 week training program and had the opportunity to pitch to investors at the end of the program in a Shark Tank style.Prior to accepting the invitation I had my reservations as to how the competition was being organised and discussed my concerns with a couple of fellow entrepreneurs but in the end we all agreed that the motivations of the organisers were

Salty chips = More Beer

Pure math… kind of.Disclaimer: I do eat a lot of chips, I do drink a lot of beer but it has nothing to do with this article.Startups solve problems, relieve pains. I ‘ve heard it a million times, “find a problem and solve it”, “be the solution”. This is true and it’s what should be done but I remembered something my Great grandmother used to do. Here’s the story.Somewhere around 1970s in a village called Lysi (close to Famagusta, Cyprus), a little boy called Nicos (my dad) visited the coffee shop his grandfather owned.

Startup Live. Levelled up indeed.

Well, Startup Live a couple of years back was the first startup competition I attended. Two years later and here we are. A couple of steps forward wearing the Mentor shirt. Not because of the huge success or amazing achievements but because of a story that has a lot of ups and downs and can be shared through mentoring.First things first, if it weren’t for the organisers it wouldn’t be possible to have such an amazing event.

What is the part of your startup that you are most unhappy with

Last week I had an amazing mentoring session with Stavriana Kofteros. During that mentoring session I asked Stavriana “What is the one thing that you would advise me to do/not do”. Without blinking an eye, she said “Let me reverse the question for you. What is the one thing that you are most unhappy with?” Ugh… I hate it when people do that to me, I thought.

O Υπουργός Παιδείας υπέγραψε το «Cyprus Startup Manifesto»

chris's picture
Submitted by chris on Mar 15, 2017 02:32 PM

Λευκωσία: Τη στήριξη του Υπουργείου Παιδείας και Πολιτισμού στην προώθηση δράσεων που θα βοηθήσουν το επιχειρηματικό οικοσύστημα της Κύπρου να αναπτυχθεί και να ενδυναμωθεί, επιβεβαίωσε έμπρακτα ο Υπουργός Παιδείας και Πολιτισμού Κώστας Καδής, υπογράφοντας το Κυπριακό Μανιφέστο για τη νεοφυή επιχειρηματικότητα (“Cyprus Startup Manifesto”). 

Ο Υπουργός Ενέργειας υπέγραψε το Cyprus Startup Manifesto

chris's picture
Submitted by chris on Mar 15, 2017 02:31 PM

Ο Υπουργός Ενέργειας, Εμπορίου, Βιομηχανίας και Τουρισμού Γιώργος Λακκοτρύπης υπέγραψε σήμερα, σε συνάντηση που είχε στο γραφείο του με εκπροσώπους της κοινότητας νεοφυών επιχειρήσεων Startup Cyprus , το Κυπριακό Μανιφέστο για τη νεοφυή επιχειρηματικότητα ( Cyprus Startup Manifesto).


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