4 Tips On How To Find Investors
4 Tips on how to find investors
For the best insights on Business Plan Development, finding good investors click here
4 Tips On How To Find Investors
Angel investors are either individuals or groups of people who invest their own capital into promising business projects. According to William H. Payne angel investors are mostly start up oriented as new business ventures receive 90% of angel funding. But though there are plenty of potential investors out there actually finding the one is not that easy. Traditionally there are 4 major ways to find angel investors for your start up.
1.
Investment
forums
and
investment
conferences
These are regular (annual or biannual) events with narrow business focus. So do your research and create your schedule of investment forums, conferences and expos that are most relevant to your project. Then work out your strategy on how to contact potential investors most efficiently. You might invest in a stand informing about business opportunities your project has to offer. Or being tighter on your budget you consider developing some creative materials. They might be either printed brochures describing your project or some kind of teasers that will help you engage into conversation. Short listing your potential investors before the event is also a good idea as by gathering info via social networks like Facebook and LinkedIn you can work out certain personal approaches to address each person effectively. Ideally you will be able to find a reputable person whom your potential investors respect and ask for his/her business recommendations. This will increase your chances to succeed exponentially.
4 Tips On How To Find Investors
2. Local chamber of commerce and business associations If you are not yet a member in your local chamber of commerce, call for your application now. Active participation in business community life is an invaluable asset as this is how you can establish close relations with investors and future business partners.
3. Online business communities There are plenty of websites aiming at matching entrepreneurs and investors. Most of them have membership fees. So you’ll be charged either annually or every time you’ll want to contact investors. So do your research and invest accurately as you have to be sure that the number of accredited investors promised by the website is accurate and those investors are using this site actively.
4. Use your business connections Word of mouth is a highly powerful communication tool if used correctly. So if your business reputation is stainless and goes far ahead of you, use it. Call your former business colleagues or partners and tell about your business endeavor. Ask for their opinion or idea evaluation. Most people (if they are not lawyers) like giving out pieces of advice as this helps them building self esteem. Some of the people you’ll contact might even recommend an angel investor they happened to know. And isn’t that exactly what you’re after?
4 Tips On How To Find Investors
For the best insights on Business Plan Development, finding good investors click here