Why Entrepreneurs Should Prototype

Why Entrepreneurs Should Prototype

This decade would be long remembered for the boom in entrepreneurial activities. If the last decade of the 20th century and the first one of the 21st were all about the development of technology, this one has surely been one where entrepreneurs have turned technology into an enabler and problem solver for the masses. What is also true is that there is intense competition in the entrepreneurial ecosystem where new ‘light bulbs’ are getting lit every day. Entrepreneurs have to fight hard to attract the attention of VCs and Angel Investors. With failure rate high it has become extremely important for entrepreneurs to show the value and potential in their ideas while seeking investments.