-Good credit history or existing assets
-Small Business Administration
- 7a general loan
- microloans
- real Estate/ Equipment loans
Bartering your skills or something you have for something you need.
Ex: free office space if supporting the computer systems for all the other office tenants
Give the startup an advance on royalties, or establishing a licensing agreement or white labeling 4 5 6
Find a major customer, or a complimentary business, who sees such value in your idea
-Independant / Major companies / Colleges
-Different types of support and free resources: working spaces, seed funds, access to VCs, visibility, valuable network and connections...
-Parsons Entrepreneurial Lab
-Professional investors
-Invest institutional money in qualified startups with a proven business model, ready to scale and proven team
-Big opportunities
-Return: within 7-10years
-Need a warm introduction to make this work.
-Local high-net-worth individuals
-look for qualified startups
-Online platforms like Gust
-Use local networking to find the local angels that relate to your industry and share your passion
-Expectations: rapid growth and high revenues over the next 3-7 years
Do your homework!
Industries,geographic location, level of dev, level of investment, existing capital
For formal VC groups, need a qualified introduction from bankers/lawyers/bu siness person
Practice Public
Speaking you are going to do a lot of it
NDA: Non Disclosure Agreement
Yes or No?
Look for ways to continue contact after any individual or group presentation
the progress of a start-up and the momentum it gains as the business grows.
Quantitative evidence of market demand.
You are providing proof that the market needs your product/service guarantee of success decreasing the risk for investors
- Revenues
- Active users
- Organic user growth
- Registered users
- Engagement
- Partnerships/clients
- Traffic
This section briefly tells your reader where your company is, where you want to take it, and why your business idea will be successful. If you are seeking financing, the executive summary is also your first opportunity to grab a potential investor’s interest.
The executive summary should highlight the strengths of your overall plan and therefore be the last section you write. However, it usually appears first in your business plan document.
WHAT?
Tips to pitch like a winner!
