Entrepreneurship Tips — Financing
Should you use a finder raising capital?
Posted by Robert Norton on
Absolutely not. These people are usually pretty much scammers. It is illegal for anyone, except SEC licensed brokers, to sell stock to other people. There is some gray area here, as they can make introductions, but these usually have no weight at all with investors. And they can never take a percentage of the stock or cash in the close for these “introductions”. Run, don’t walk from anyone seeking a percentage of funds closed to be your “finder” or “Consultant” to do introductions. Click here to get this Financial Package How to Raise Millions for Any Company - Online Video...
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How do you find someone to help you raise capital?
Posted by Robert Norton on
Firstly, there are several categories of help, and some deserve the cost and effort while others do not. Finders, people that claim they will introduce you to investors are generally just conman, or women. Rarely, if ever, do these people have any real influence or credibility. By definition, if they are getting paid something to do this, then they have lost all credibility by creating a conflict of interest. They have an instant conflict of interest. A “warm referral” is free because the person knows enough to be confident in you and your pitch, at least enough not to embarrass...
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Build the Company of your Dreams and Raise Millions from Outside Investors
Posted by Robert Norton on
This $1,695 package includes four private online sessions with me working on your financing, and the offline work needed to review and edit your deck. It will greatly improve your BUSINESS, not just your deck. You will be "Level 5", or at least "angel ready" by the time we are done if you follow the guidance I give. This process usually takes 4-8 weeks, depending on your ability to focus on that work. Nothing worthwhile is easy. And remember to not operate based on these common myths of financing: 1. Your idea alone is worth millions. NOPE! Pre-money valuation is only created when you...
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New report shows entrepreneurship's partial return to pre-pandemic level
Posted by Robert Norton on
Report Highlights Nationally, the rate of new entrepreneurs in 2021 was 0.36 percent, meaning that an average of 360 out of every 100,000 adults became new entrepreneurs in a given month. The monthly rate increased substantially from 2019 to 2020 as the economy went through the shutdowns, job losses, and re-openings that characterized the early stages of the COVID-19 pandemic, and has only partly returned to pre-pandemic levels. The opportunity share of new entrepreneurs rebounded substantially to 80.9 percent from its low of 69.8 percent in 2020, but remained much lower than its pre-pandemic level of 86.9 percent in 2019....
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What are options to raise venture capital?
Posted by Robert Norton on
You create value by doing the following before even calling a VC: Build a team of 2–3 committed founders with 10+ years' experience each. Develop a business plan, based on in-depth market research and competitive intelligence which covers your strategy for marketing, sales, operations, finance and product development (pure service companies rarely get VC money because the margins and competitive advantage is harder to justify the ROI these investors need). You develop a product that can be protected via intellectual property or other methods to create and maintain some “Sustainable Competitive Advantage” (SCA). First to market is SCA if there...
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