I've been running my own online business and do very well from it however
I'm looking to go to take it to the next level as i found there is a ceiling in my current business of mid 6 figures. (Ideally in the realms of $5-10million+).
I continuously read about many "startups" making crazy amounts of money (100's of millions) and am just trying to understand how it all works myself, i would also like to have a "startup" of my own.
I do not need investment as I have my own funds and it would most likely be some kind of web/tech startup... i already have knowledge and skills in these fields.
I am just wondering where to go after you have developed the product, is it to simply to promote and market it yourself?
Where do the big $$$ come in? Is it basically when you go public?
Sorry if i sound stupid, just the entire subject of startups seems so overwhelming, especially when it comes to raising finances, investors etc...
If anyone could help me out, I would be so grateful
Thanks a million!