Meeting an investor with a smile that boasts the confidence is a way to go and this smile comes from doing proper research as a homework. The first step is to figure out an amount that is basically required to develop your business. It is also needed to be taken care of that the amount must sound to be a good investment for the investor. For example, salaries, basic office infrastructure, marketing, and product development are undeniably the biggest needs of the startup at first place. Thus, the simple tip is to dodge yourself from getting indulged into extravagant activities and focus on the basic needs of a startup for initial funding.