Comments on: The 8 Best Ways To Raise Capital – Entrepreneur Poll Results http://www.youngentrepreneur.com/blog/2008/05/the-8-best-ways-to-raise-capital/ Fri, 20 Nov 2009 21:18:36 +0000 http://wordpress.org/?v=2.8.4 hourly 1 By: Michael N. Brette,J.D. http://www.youngentrepreneur.com/blog/2008/05/the-8-best-ways-to-raise-capital/comment-page-1/#comment-147873 Michael N. Brette,J.D. Fri, 01 May 2009 00:03:34 +0000 http://www.youngentrepreneur.com/blog/2008/05/30/the-8-best-ways-to-raise-capital/#comment-147873 The only way you will be successful in raising capital beyond the "friends & family" round is to retain an attorney or other financial professional who has spent years developing relationships with accredited investors. You meet and discuss a summary of your business concept and then develop a business plan around his recommendations. Then he makes an introduction to his investors. Investors do not invest in deals that have not been referred to them by trusted advisors. Investors do not read business plans. That is what there advisors are for. I have invested millions of dollars in emerging growth companies and have assisted in raising millions more. Deals are done by people who know each other and trust their judgement. The only way you will be successful in raising capital beyond the “friends & family” round is to retain an attorney or other financial professional who has spent years developing relationships with accredited investors. You meet and discuss a summary of your business concept and then develop a business plan around his recommendations. Then he makes an introduction to his investors. Investors do not invest in deals that have not been referred to them by trusted advisors. Investors do not read business plans. That is what there advisors are for.

I have invested millions of dollars in emerging growth companies and have assisted in raising millions more. Deals are done by people who know each other and trust their judgement.

]]> By: What Was The Best Thing You’ve Ever Done For Your Website? - Entrepreneur Pol http://www.youngentrepreneur.com/blog/2008/05/the-8-best-ways-to-raise-capital/comment-page-1/#comment-133603 What Was The Best Thing You’ve Ever Done For Your Website? - Entrepreneur Pol Fri, 27 Feb 2009 20:58:22 +0000 http://www.youngentrepreneur.com/blog/2008/05/30/the-8-best-ways-to-raise-capital/#comment-133603 [...] The 8 Best Ways To Raise Capital [...] [...] The 8 Best Ways To Raise Capital [...]

]]> By: How Do You Stay Motivated? - Entrepreneur Poll http://www.youngentrepreneur.com/blog/2008/05/the-8-best-ways-to-raise-capital/comment-page-1/#comment-130788 How Do You Stay Motivated? - Entrepreneur Poll Sun, 15 Feb 2009 16:44:06 +0000 http://www.youngentrepreneur.com/blog/2008/05/30/the-8-best-ways-to-raise-capital/#comment-130788 [...] The 8 Best Ways To Raise Capital [...] [...] The 8 Best Ways To Raise Capital [...]

]]> By: Minh http://www.youngentrepreneur.com/blog/2008/05/the-8-best-ways-to-raise-capital/comment-page-1/#comment-116165 Minh Mon, 01 Dec 2008 02:14:18 +0000 http://www.youngentrepreneur.com/blog/2008/05/30/the-8-best-ways-to-raise-capital/#comment-116165 thanks thanks

]]> By: BSBULLDOG http://www.youngentrepreneur.com/blog/2008/05/the-8-best-ways-to-raise-capital/comment-page-1/#comment-86335 BSBULLDOG Sat, 19 Jul 2008 01:23:45 +0000 http://www.youngentrepreneur.com/blog/2008/05/30/the-8-best-ways-to-raise-capital/#comment-86335 Sorry I got so excited I forgot to spell check. So much for schooling! Sorry I got so excited I forgot to spell check. So much for schooling!

]]> By: BSBULLDOG http://www.youngentrepreneur.com/blog/2008/05/the-8-best-ways-to-raise-capital/comment-page-1/#comment-86334 BSBULLDOG Sat, 19 Jul 2008 01:18:17 +0000 http://www.youngentrepreneur.com/blog/2008/05/30/the-8-best-ways-to-raise-capital/#comment-86334 Start up and seed capital are in your present paycheck that you dutifully send to the State and Feds.Start your business like you intend to be GM even if it is a hot dog stand. Define where your first sale exist. How to get there.Why is your idea so eathshaking? You can direct many relatives and strangers to Virgin web site to manage their risk LOANSto you, but that is a death march unless you have sales to offset the payments or a night job. Failure to pay is a future deal killer. It is best to select a target company that has distribution and sales boots on the ground who has a need for your product to boost their matureing product line. WHY? Because it is so much easier to gather capioital from serious investors to acquire an oerational company with a history, than attempt a venture play on a start up. Be that as it may, many students realize that the vey campus that they attend daily is the largest network and distribution center they can find , if their product can catch on . Talk about the first sales! It is not the product that is most important, it is the mature board of advisors that you gather that capital is interested in. You have little business acumen, so gatherit first.Banks are not interested in you unless you have two years strong sales under your belt, a solid staff and advisors and three methods of repayment, maybe, but don't depend on them as yet. They will lend you 80% of capitalyour investors deposit in an offset acccount incase you forget to make the loan payments.Never forget them. It is a death to be revisted for a long time. You can create a non profit membership organization to gather many affinity members that pay you fees to be part of your chosen industry and target accredited members who could be your investor network. Nothing is free or easy. Get your elevator pitch about what you are attempting and your bio and an executive summary of no more than three pages prepared by those who know the vc and angel drills. You will have 30 seconds, then maybe three minutes to gain their interest. Practice, practice, practice, and do not indicate that your idea is going to caopture a big % of a market out of the box. What is your competition? You need to attack and BRAND your market. You nwant the students on campus to hi jack your BRAND as their very own for free networking sales. What is it that they realy want? Sell that! There is your seed capital and your marketing success. Do not quit the day job yet! Start up and seed capital are in your present paycheck that you dutifully send to the State and Feds.Start your business like you intend to be GM even if it is a hot dog stand. Define where your first sale exist. How to get there.Why is your idea so eathshaking? You can direct many relatives and strangers to Virgin web site to manage their risk LOANSto you, but that is a death march unless you have sales to offset the payments or a night job. Failure to pay is a future deal killer. It is best to select a target company that has distribution and sales boots on the ground who has a need for your product to boost their matureing product line. WHY? Because it is so much easier to gather capioital from serious investors to acquire an oerational company with a history, than attempt a venture play on a start up. Be that as it may, many students realize that the vey campus that they attend daily is the largest network and distribution center they can find , if their product can catch on . Talk about the first sales! It is not the product that is most important, it is the mature board of advisors that you gather that capital is interested in. You have little business acumen, so gatherit first.Banks are not interested in you unless you have two years strong sales under your belt, a solid staff and advisors and three methods of repayment, maybe, but don’t depend on them as yet. They will lend you 80% of capitalyour investors deposit in an offset acccount incase you forget to make the loan payments.Never forget them. It is a death to be revisted for a long time. You can create a non profit membership organization to gather many affinity members that pay you fees to be part of your chosen industry and target accredited members who could be your investor network. Nothing is free or easy. Get your elevator pitch about what you are attempting and your bio and an executive summary of no more than three pages prepared by those who know the vc and angel drills. You will have 30 seconds, then maybe three minutes to gain their interest. Practice, practice, practice, and do not indicate that your idea is going to caopture a big % of a market out of the box. What is your competition? You need to attack and BRAND your market. You nwant the students on campus to hi jack your BRAND as their very own for free networking sales. What is it that they realy want? Sell that! There is your seed capital and your marketing success. Do not quit the day job yet!

]]> By: YoungEntrepreneur.com Blog » What Is The Most Useful Website for Entrepreneurs? - Entrepreneur Poll http://www.youngentrepreneur.com/blog/2008/05/the-8-best-ways-to-raise-capital/comment-page-1/#comment-86255 YoungEntrepreneur.com Blog » What Is The Most Useful Website for Entrepreneurs? - Entrepreneur Poll Fri, 18 Jul 2008 13:47:55 +0000 http://www.youngentrepreneur.com/blog/2008/05/30/the-8-best-ways-to-raise-capital/#comment-86255 [...] The 8 Best Ways To Raise Capital [...] [...] The 8 Best Ways To Raise Capital [...]

]]> By: Chelsea M http://www.youngentrepreneur.com/blog/2008/05/the-8-best-ways-to-raise-capital/comment-page-1/#comment-69049 Chelsea M Wed, 11 Jun 2008 03:52:20 +0000 http://www.youngentrepreneur.com/blog/2008/05/30/the-8-best-ways-to-raise-capital/#comment-69049 I agree with all of those. With my company we do a lot of email marketing and a lot of ad placement so it is important to make sure those are bringing in money and creating some capital for my business. I invested some money in http://www.libertadpura.com/products/Glyphius2008/ which helped me to make sure my ads stack up to those that are super porfitable and bring me in that extra dough. If anyone is like me and do a lot of e-marketing and sales this is a great investment! I agree with all of those. With my company we do a lot of email marketing and a lot of ad placement so it is important to make sure those are bringing in money and creating some capital for my business. I invested some money in http://www.libertadpura.com/products/Glyphius2008/ which helped me to make sure my ads stack up to those that are super porfitable and bring me in that extra dough. If anyone is like me and do a lot of e-marketing and sales this is a great investment!

]]> By: Jake http://www.youngentrepreneur.com/blog/2008/05/the-8-best-ways-to-raise-capital/comment-page-1/#comment-68644 Jake Tue, 10 Jun 2008 07:41:40 +0000 http://www.youngentrepreneur.com/blog/2008/05/30/the-8-best-ways-to-raise-capital/#comment-68644 I agree, Internet Marketing may be misleading hard working people, to trust just any product marketed. I am a publisher who often required publishing /copywriting software’s. Different offers of software that could do wonders for my business just ruined my business until i got Glyphius . I must say, right information on the internet can actually work out for many of us . Now I am a successful publisher who makes a good buck using Glyphius . Give that shot guys. I agree, Internet Marketing may be misleading hard working people, to trust just any product marketed. I am a publisher who often required publishing /copywriting software’s. Different offers of software that could do wonders for my business just ruined my business until i got Glyphius . I must say, right information on the internet can actually work out for many of us . Now I am a successful publisher who makes a good buck using Glyphius . Give that shot guys.

]]> By: Basil Peters http://www.youngentrepreneur.com/blog/2008/05/the-8-best-ways-to-raise-capital/comment-page-1/#comment-67220 Basil Peters Sat, 07 Jun 2008 02:02:13 +0000 http://www.youngentrepreneur.com/blog/2008/05/30/the-8-best-ways-to-raise-capital/#comment-67220 Great article. As an angel investor, I regularly see companies that have only been funded by friends and family. In many cases, the investability of these companies has been seriously impaired by mistakes made during the Friends and Family financing. Often, the entrepreneurs have unintentionally been unfair to their friends and family by selling shares at unreasonably high valuations. To help entrepreneurs, and their friends and family, avoid the common pitfalls, I have been working on a series of posts in my blog on Best Practices for Entrepreneurs and Angel investors at http://www.AngelBlog.net/ An overview of the legal requirements of Friends and Family financings is also included. I hope this is helpful to your readers. Basil Great article. As an angel investor, I regularly see companies that have only been funded by friends and family.

In many cases, the investability of these companies has been seriously impaired by mistakes made during the Friends and Family financing. Often, the entrepreneurs have unintentionally been unfair to their friends and family by selling shares at unreasonably high valuations.

To help entrepreneurs, and their friends and family, avoid the common pitfalls, I have been working on a series of posts in my blog on Best Practices for Entrepreneurs and Angel investors at http://www.AngelBlog.net/ An overview of the legal requirements of Friends and Family financings is also included. I hope this is helpful to your readers. Basil

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