This blog is about a beautiful success story of startup funding within 24 months of start. BIZassist supported Confinity founder, Ryan Ward, very early on as an advisor. We love it when urBIZassist community strives!
In just 24 months since its inception, Confinity transformed from a fledgling idea into a startup business, securing early stage funding, founded by a passionate founder dedicated to his company and its' impact on society.
Startup Financing
Startup financing refers to the process of securing funds to launch and grow a new business venture. This funding can come from various sources, including personal savings, friends and family, angel investors, venture capitalists, crowdfunding platforms, and bank loans.
Startup financing is crucial for covering initial expenses such as product development, marketing, and operational costs, and it often involves different stages, starting from seed funding to later rounds of investment as the business scales. Effective startup financing is essential for entrepreneurs to turn their ideas into viable businesses and achieve long-term success.
How to raise funds for startups
Raising funds for startups can be achieved through a variety of strategies, including bootstrapping, which involves using personal savings or revenue generated from the business; seeking investments from friends and family; applying for grants or competitions that support new ventures; utilizing crowdfunding platforms to attract small contributions from a large number of people; and approaching angel investors or venture capitalists who are interested in high-growth potential businesses.
Additionally, building a solid business plan and pitch can help attract potential investors by clearly demonstrating the startup's value proposition, market opportunity, and financial projections. Networking and getting professionals with access to funds can also provide valuable connections and insights into funding opportunities.
Innovative Startup Financing
"That journey, that moment of trusting in possibility, turned out to be one of the most influential and spiritually uplifting experiences of my life. To all who navigate life's many lessons, generously share your wisdom and support positive initiatives for our shared world (home) – your kindness shapes a brighter world." Ryan Ward
Ryan is an amazing human being and a world class Entrepreneur! We quickly realized the beautiful alignment urBIZassist had with Confinity's values and humanity.
Ryan achieved funding via an innovative combination of crowdfunding— by attracting small contributions from a large number of people who joined Confinity Founding Program, earning unique benefits for their contributions and approaching angel investors.
The BIZassist team supported Ryan very early on as an advisor, going over urBIZassist templates about licensing options in Dubai, dual company structure to optimize Ryan's UK entity versus a potential international entity and how that would work, including understanding of where to "park" your risks vis a vis assets and Intellectual Property.
About Confinity
"As the world shifts towards an ever-increasing focus on materialism, we risk losing sight of what truly matters: the relationships that sustain and enrich our lives. Confinity challenges this trend by offering a sanctuary from the distractions of daily digital noise. The mission is to reconnect you with your loved ones, helping to foster deeper, more meaningful interactions."
Ryan is extremely dedicated and focused on Confinity. His commitment to excellence and genuine desire to connect family and friends, preserve cherished memories, and create a lasting legacy for future generations is unwavering.
We Bring Grey Hair to your Venture
After many years of successful contributions to great organizations, the BIZassist team is here to guide and make a positive impact on entrepreneurs. Contributing to growth, building a like-minded tribe of people helping people is rewarding!
Our high-caliber professionals workshop through your goals, your challenges, and guide you based on their own established track record. Knowledge is shared, both failures and successes. Strategies are set. The BIZassist team supported Ryan very early on in his journey — as an advisor. We couldn't be more proud when an entrepreneur succeeds. that's is why we wake up every morning!
We wish Ryan the very best and have no doubt he will take Confinity to new heights.
Mark your calendars: Upcoming Event
We’re excited to announce the upcoming Founder Round Table & Speed Networking Webinar. This event focuses on improving your basic knowledge as an entrepreneur. Join us to connect with like-minded entrepreneurs, ask away and gain valuable insights.
Take the Next Step: Book a Free Demo!
Ready to take the next step in assessing your business vulnerabilities? Our team is here to help you get started. Book a free demo with our experts to explore how we can support your vision and set you up for success. Discover tailored solutions and personalized strategies that will give you a head start. Don't wait—reach out today and let's turn your dreams into reality!
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