As a founder building a new project, the first thing on your to-do list (after releasing an MVP) should be finding funding.

And the best way to do this is to describe the business plan as thoroughly as possible. The more statistics you publish, the more exposure you will receive and the higher the chances you will attract seed funding.

Or at least that’s the theory.

In fact, writing a business plan can be a real pain. You should track all your metrics, keep an eye on your competitors, and constantly update your traction to see if your product is actually interesting to investors.

That’s where I found myself when we launched bablo.biz!

This pain provided the perfect opportunity to test our own product and see how useful it would be to help its founder get an investor interested.

To provide more context, with bablo.biz you can make a business plan based on any idea.

Here is a list of the key things I wanted in the business plan:

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• - Market statistics
• - List of my competitors
• - Technology stack
• - Launch time and return on investment
• - Numbers from a piece of pie :)

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The most interesting thing was that I could easily personalize the business plan based on public data about each of the investors.

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That’s how I found my first business angel, who simply sent me the first $5,000 and good luck. Yes, this is very modest, but this money is enough for me to pay for hosting and OpenAI API for the next year.

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This tool really helped raise the first finances… So maybe it will help your project too!