The document outlines 7 steps for developing a product before seeking venture capital (VC) funding: 1) Find a co-founder, 2) Build an MVP or prototype, 3) Promote the product, 4) Get user feedback, 5) Fix issues, 6) Stand out from competitors, 7) Start earning money. It then recommends founders ask themselves 3 questions to determine if they are ready to seek an investor: if they can still develop, grow, and sell the product alone without raising money. If the answer is no to any question, it's time to look for an investor.

1. Karol Zielinski
karolzielinski.com @KarolZielinski
WHEN SHOULD YOU GO TO THE VC?

2. Simply… when you’re ready.

3. I recommend to follow
7simple steps

4. 1
Find a co-founder

5. Don’t try to do everything
by your own.

6. 2
Build a product, MVP,
prototype or whatever

7. An idea is just an idea.
Build something.

8. 3
Tell the world about
your product

9. Gain as many users
as you can.

10. 4
Get feedback

11. You build this product
for users.

12. 5
Fix everything
that has to be fixed

13. There’s no chance that your
product will work perfectly.

14. 6
Stand out

15. I’m sure you already have
at least one competitor

16. 7
Start to earn money

17. It’s worth figuring out if there’s
someone in the world who’s able
to pay for your product

18. Now sit down and
answer these
3 questions

19. 1.
Are you still able to develop
this product on your own/without
raising an investor’s money?

20. 2.
Are you able to make your business
grow/without raising an investor’s
money?

21. 3.
Are you able to sell your products or
services on your own/without raising
an investor’s money?

22. If you answered “No” for any of these
questions – you should start to look
for an investor.

23. karolzielinski.com
@KarolZielinski fb/karolzielinski
That’s it, thank you!
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