Many entrepreneurs and young business projects are continuously the same question: how we can attract the attention of the venture capital firms? How to get a Business Angel is interested in us?
Yes, they are looking for a reliable financial tips.
These are the questions were raised in Forbes, and as a response does not offer a practical guide with crowd that contains a host of tips to attract new investors. Here are some financial solutions for that problems :
1. Founded your company
The first council may seem the most obvious, but is not trivial. Many entrepreneurs have great ideas but hardly find external investment if they are kept as self-employed, or with a draft theoretical.
The capital investment risk, much to be subrraye the word risk in bold, it is rather more conservative of what one might think of a principle and often only bet on projects with a base and strong principles on which to build. In this sense, one of the first steps is to create our own society, our “first S. L”.
2. Account with a team of experts
There is an old said in the business world who argues that investors investing in people, not in ideas. With this we mean that attract external resources depends not so much of an idea very original (by much potential that may have) but count with a group of people really experts, which function as a team, capable of producing tangible results.
Count on persons known in the business world, or recognized his talent in other companies, is a good springboard to the time to convince a partner investor. Sometimes it is that face known which can tip the balance in our side.
3. Prepares a web page
No matter if we are going to devote to the manufacture of feed agricultural, or we thought invent a system to reduce pollution of the large industrial furnaces of the Basque Country. If we have a project, we need a web page.
Today, the companies or projects that do not have a corporate web site are generally perceived with deconfianza, removed from reality. On the other hand many companies that are devoted to the capital investment-risk often make a first search on the Network to the “game of projects” interesting by that bet.
4. Protects your intellectual property
One of the first processes that we must start when we develop a project with “high doses of innovation” is to start the tedious process of registering our intellectual property. The registry does not imply a great barrier to entry for potential competitors that can be harnessed our idea, but that is building a barrier to enter those same competitors. It also implies a claim for potential investors, who often opt for innovation.
5. Builds a prototype of your product
Many entrepreneurs expect dispose of the money needed to be able to shape his idea. The irony is that many investors expect to see least a prototype of what will be our product before deciding to invest.
It is as the “whiting to eat the tail” but it is one of the characteristics for which our project can make a difference.
6. How are you going to earn money?
One of the first points that we should clarify whether we send our project to a joint venture is the way in which its possible investment is going to produce benefits. Recalls that a Business Angel expects to recover its investment sooner or later (sooner rather than later) so that all the guarantees that you can offer at this point will be few.
7. Prepares a good business plan.
An employer needs a good business plan if you want is that your project works reasonably well. Furthermore, If what you want is that a Business Angel invest in his idea, the business plan becomes in an essential tool, the basis on which is built an idea for the future.
Although it may be difficult, we must not leave lead by the passion that we feel for our project. Our vision of future does not have to correspond with the other by what is being as objective as possible, responding each and every one of the points and issues that we think that may be relevant to an investor.
8. Get least a client
Before that an investor trust us, we must make sure that there is already clients who rely on our product. All the efforts in marketing that we can make, or the passion with which “sell” our ideano have much value as real customer that is already paying real money for the product or service that we are offering.
9. Bet by the networking
Although this is the last point of our article, it is in fact, one of the most important. We have to be able to “sell” our product, to talk about our idea if we have the opportunity to do so. It is important left view in forums, seminars, workshops, chambers of commerce… any space is valid for which we learn more and more, so we build little by little strong network of contacts.
Tags: business plan, entrepreneurs, Financial Solutions, Financial Tips, Forbes, young business