In the latest poll on StartUpArabia, the question that was addressed to the entrepreneur readers was:
What major obstacle did you face while looking to fund your project?
The result of reader voting came out as follows:
Out of 89 readers who responded to the poll:
– 37% of them responded that it was initiating contact with potential investors
– 29% said it was allocating and finding the right investors
– 18% think it was measuring the seriousness of the investors
– 8% believe it was the cost of connecting with investors (traveling and attending conferences …etc)
The remaining 7% cited other obstacles.
What do you think? Do you share the same view? What solutions do you see for these obstacles?