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HOW TO PERSUADE YOUR BOSS TO FUND YOUR BUSINESS IDEA
Lacking the cash to launch a startup, after finishing graduate in collage took a job in the film and TV world as assistant to any famous icon. By this year, was developing feature films and web series for the new company in film industry. But yours idea for a website that would connect interns and employers still beckoned. In late this year, you dusted off your old business plan and pitched your boss the idea.
Sharing your ideas
Then boss will give the the green light to develop the site internally, on his company's time, dime and payroll.
The initial plan was for you to split the ideas for the film-production duties 50-50. But by keeping in this year, you can become "a machine of its own." Here you can build the new company to run by the named yourself for full time, and then your boss will find what you are doing and will become as a co-partner, became one of the startup's earliest investors, sinking six figures into the venture.
Making your ideas into boss
Today 20,000 interns and 2,600 companies will tie-up with you, which officially launched this fall and features 5,000 open positions in 11 industries. The company, which initially drew Rs.800,000 in funding, is currently completing its second investment round.
For you having the support of a boss who believed in your was windfall enough. "I was fortunate to be a salaried employee before I took the big risk of being a startup,". "It's an incredible gift to be able to focus on getting your business off of the ground without having to worry about how you'll pay your rent."
You don't have to work for a film industry to sell your startup idea to your employer. More companies, in a variety of sectors, are recognizing that the key to competing in today's warp-speed marketplace is encouraging entrepreneurial thinking from within--otherwise known as "intrapreneurship."