Do You Think This Is Hard

[KollectionzDVM]

Do you think it would be harder to convince 15 people to invest 1k each or harder to convince 1 person to invest 15k. Im looking for 15K to initiate a business launch. And Im trying to raise the money, just wanted to know if you guys think that 15 people @ 1k investment is reasonable. I guess what Im trying to say is if you could see your self investing one grand to a potential successful business?

[alluwanted]

It all depends on what you are promissing them.
With they get some returns? Is there a possibility that they may not get any return?
If you take 15 K from one, you need to answer only one. Else, 15 guys will be breathing down your neck. However, as 1K is small, the 15 guys may write of the amount if the whole thing fails. But not the 15k investor.

Convincing one person who can afford 15K may be easier as he understands why he may/shall invest, wile the people who invest 1k may just invest as they may just like you or your idea.

All the best

[allysa]

yes, it depends on what they can get when they invest.

[ChosenList.com]

15k from 1 or 2 individuals regardless of returns or promises or anything. First of all you only want to have to deal with 1 or 2 investors. Having 15 different people to answer too is a nightmare waiting to happen. Second, we are going to assume that a person who can drop 15k on your start-up, compared to 1k, is going to possibly be more "business/money-savy", smarter, more connected and also have more vested interest in seeing you succeed. You should be looking for investors not only with money that you can use but expertise you can tap into as well. Also if you show that you are willing to get feedback from someone like that they are more willing to invest in your idea. Just some thoughts....

[chanson]

I agree that you are gonna get a more quality investor with 15k then a bunch at 1k. Also keep in minfd the structurals ide of it.. that investor is going to want something whether its a shareholders loan or a % of the company etc etc.. how do you divy your company p to 15 people and expect to keep some for yourself and please them all? Another thing you could do is get a couple jobs and work your rear off for awhile. Start a seperate bank account and raise 1000, then again and again etc etc going by 1000 increments until you get 15

[BusinessAdviser]

Everyone here is answering as if you're just free to pick and choose. While it might be easier to deal with only 1 or 2 investors, there are much fewer who are willing to invest that much, whereas investments of $1,000 open up your market of investors greatly. To the original poster, go with whatever it takes to get the money, be it 1 or 50. Unless you're sitting there with the money already on the table, just trying to decide. You're kind of putting the cart before the horse right now.

[zharlene]

I personally think it would be easier to convince 15 people to invest 1K. I would definitely invest 1K in something that's got potential, if someone comes up to me and has got a lot of the stuff planned out carefully it would be easier to convince me to get into it.

[fwn122]

I think its easier to convince one to invest in 15k

[JLeezer]

I agree with several of the posts above, but feel they may be answering more questions than were asked by the OP.

To summarize (in my opinion), it should be much easier to get 15 investors to invest 1k each. However, it will be a much bigger problem handling 15 "amateur" investors (not to say that they guy that would have thrown in $15k wouldn't be an amateur as well) after you have received funding and are expected to produce a return.

[KollectionzDVM]

I think over all they both have there ups and downs like everything else. The main thing is finding someone who is able to and who wants to invest in the first place. Im finding it quite hard to find someone that has these two key qualities. Its always one without the other, or neither at all. One who wants to invest, but dosnt have the money to. Or another that has the funds available, but dosnt understand the full concept enough to want to invest. I've thought of trying to figure out a way to hold some sort of meeting or gathering. I want it to be set up like a convention of some sort, like an event. I've thought about continuing with approaching VC's with business plan. Really I've thought and have tried many ways to raise this money. All in all it turns out to be what it has always been, and thats just finding the right person. Finding that one person to take a chance on this plan. Ive waited long time for someone to just say I like what you got here, I see where your going with this, and I want to help. My idea gets pushed aside because of the great risk in funding "new ideas". Funding something that is not a proven process or method. I can understand this perspective, but i can also understand what makes a good idea. Should someone with an idea for great success be denied the chance to become successful because he can not afford it. Im just asking for someone to take the chance to open a door for me and the business. Someone who is willing and someone who wants to. If you want my number let me know something, Im here waiting for someone to contact me, lets talk and see if you want help me launch my business. I'm ready now, what are you waiting for?

For the most part, I agree with the above when it talks about how its important to find an investor who can contribute to the business, who can offer, and bring something to better the business. If I had it my way, this idea would have made its way into our everyday life along time ago. My process is one that even more now, could thrive in the world today. A new way of marketing, and advertising. After all Im just looking for $15k to build this concept. $15K for a new way of marketing and advertising to be introduced in the world around you. That alone would be worth it. I feel as if Im obligated to my own success to say please don't mistake this post for your average post. Im a 23 year old, from Texas, and I've put a lot of work, hours, mind, and a lot of brain power into this project. Contact me if you want and let me show you what Im talking about. Send me a txt 2 my phone and make me aware of your interest @ 830-556-7820. Do anything you have to do, to let me know something, and Ill do everything I can to be patient until you do something...until then have a nice day -Mark

p.s want to say thanks to all the responses, you guys are the only reason I keep on posting here at YE.=)

[BusinessAdviser]

YOU ARE CLUELESS!! you are just another so called "entrepreneur" who expects that
posting on a forum will let you learn about business. you need to go buy a book on how to write a business plan... You need to learn about how a business works YOURSELF before you even consider going to investors, otherwise you will look like a complete idiot. You clearly have no clue what so ever, to say "is it reasonable to ask for 15k" what a broad endless question... you really really do frustrate me. like so many other idiots on this forum do.

I think it is actually YOU who is clueless!

This is a forum for anyone with an interest in entrepreneurship to come together to network and learn. Some are more experienced than others, and that is what makes this a very useful and enjoyable resource.

Communicating as you have, you've shown that you lack the knowledge to understand the purpose of this site or the importance of dealing respectfully with others, and as an entrepreneur, this is detrimental when it comes to networking and communicating in a way necessary to start a business.

(Additionally, are you really here for the right reasons, or just to get off on putting others down? Here is the first line to each of your last five posts:

YOU ARE CLUELESS!! you are just another so called "entrepreneur" who expects that posting on a forum will let you learn about business.

I suppose you are another ammateur who has completely overlooked the need for advertising.

Also, a business that is designed to steal golf balls (because that IS what your doing) is completely un-viable.

I think that you would be completely wasting your time.

that would be completely stupid

Way to contribute, champ. Maybe you can go kick some puppies or something.)

Good luck to you, as you clearly need it.

[matt_15]

your wasting your life on this forum.

[RLorenzen]

YOU ARE CLUELESS!! you are just another so called "entrepreneur" who expects that
posting on a forum will let you learn about business. you need to go buy a book on how to write a business plan... You need to learn about how a business works YOURSELF before you even consider going to investors, otherwise you will look like a complete idiot. You clearly have no clue what so ever, to say "is it reasonable to ask for 15k" what a broad endless question... you really really do frustrate me. like so many other idiots on this forum do.

Do you know how a business works, Matt? You appear to be the clueless one here.

Since you seem to think you're the guiness of business lately, what are your thoughts on what the OP should do?

[matt_15]

I have no understanding of the OP. what should the OP do ?

[BusinessAdviser]

I have no understanding of the OP. what should the OP do ?

I think you have no understanding of quite a bit more than just the OP (original poster). Be a positive member of this community, not a cancer to it as you've demonstrated to be lately.