Challenger require various resources during their journey, which is gathered from various persons having such resources and are ready to give these resources, who believe in their purpose of journey, and have trust in their ability. They are called Investors. They also find value of Challenger’s journey and become part of their journey by making required resources available to them, which may be by way of personal efforts, contribution or funds equivalents.
To access these resources as per his plan of event he needs to work out a collaboration so that these third parties can lend their resources to him. These resource owners in turn look for consideration by way stake in the venture or by way of funds. They may be Investors, Technology providers, Partners, Collaborators, Employees etc., they understand the vision of Challenger and have initial confidence in his plan.
- They may contribute by way of funds, like HNI’s, Venture and PE Funds, Business Houses;
- Technology Companies or individuals owning any established knowledge;
- Any Person looking for new ventures to expand;
- Any Person/company looking to enter into any territory;
- Any other person who is looking to forge an alliance;
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