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Q: When a business owner includes a small team and incredibly little resources, how does he show effective traction? -Parth Mishra
A: To begin with, good to see that you will be thinking such as demonstrating some traction. There is real value in adopting this process vs. simply turning up with a concept (even if it’s well researched) drafted on a paper. Investors value having the ability to see some proof concept and traction before committing funding — even in the first days. They respect founders that are resourceful and able show this with little resources, since it helps demonstrate your scrappiness as a team.