STEKOM University - On Tuesday, September 19, 2023, STEKOM University held a seminar entitled "How to Start Your Own Business Without Investors." This seminar was the third part of a very informative Q&A session. Speakers included Ph.D. Shiyko Vira Igorivna from IFNTUOG, Ukraine, Ram Sundar from HebeSec, India, and Ida Hendriyani M.Hum from STEKOM, Indonesia. The MC for this event was Novita, from International Affairs STEKOM University.

One of the questions asked in the Q&A session was to Ram Sundar. Miss Fabriana asked about the critical advantages of starting a business without involving investors compared to seeking external funding. Ram Sundar answered by emphasizing that starting a business without investors allows entrepreneurs to have full control over their business without having to report to investors. It also allows them to think outside the box and focus on developing their idea rather than just following revenue targets.

Next, Ida Hendriyani was asked about business trends or opportunities seen in the current business landscape for entrepreneurs who want to start and grow their business without investors. Ida Hendriyani emphasized the importance of communication and networking in business. She shared her experience on how understanding the culture and habits of people from different countries can help in developing an international business. She also suggested joining local and international business communities and taking an open approach in building strong relationships with business partners and customers.

A student named Sam also joined the Q&A session. He asked Ram Sundar about strategies for managing limited financial resources at various stages of a business. Ram Sundar explained the importance of creating unique business opportunities and selling solutions to customers. He also highlighted the importance of having a strong business plan that includes an understanding of the problem being solved and who the target audience is.

The last question in the Q&A session came from Halima. She wanted to know how to find the perfect business partner to start a business. Ram Sundar suggested starting a business first and then finding a partner who has the same vision and values as your business. He emphasized the importance of having the same vision as your partner and avoiding conflicts in terms of business approach.

The seminar provided valuable insights on starting and growing a business without investor involvement. The speakers shared their experiences and practical advice to the seminar participants who came from various backgrounds. In conclusion, starting a business without investors allows entrepreneurs to have full control and creativity over their business, focusing on the solutions they offer to their customers.