If you're like me, you have a ton of ideas but not enough funding to actually go through with them all. You have to cherry pick which idea you want to launch next and you do this by deciding which one would be the most profitable, usually.
If you think this is just a post like "Now you can start all your ideas and not invest any money!" you're wrong lol. This is a post on how to find angel investors who would be interested in helping you push you business idea into the stratosphere.
Investors are in it to win it, they don't care if you have personal problems and need a few bucks to pay your bills. They want to see a detailed plan of attack and also the potential of your idea in order to turn a profit.
If you're asking for $1,000,000 and your stats show that you'll make around $3,000 a month, you won't get any investors because they will see this as a bad investment since they won't be able to withdraw profits for a minimum of 333 years lol
If your idea is a free service then it better have an excellent exit strategy in place to show investors that they can cash out at a profit down the line (in their lifetime).
A few ways to get investors is to go to third party platforms that will allow you to pitch your idea and investors can contact you if they're interested. Now I'm not talking about gofundme or kickstarter, while those are nice, they aren't the right platform for you to be looking for an angel or private investor.
Here are a few investor platforms:
These are just a few of the bigger platforms that people have successfully gotten funding for their startups in order to push themselves to success. I personally have not used any of these, but I've heard good things about them
I do p.an on trying out Angel.co because it was one of the first ones I found that hit all the right points when I was going over the content on their pages.
The trick with these platforms is to not go in half assed. If you do, you won't get any funding. Investors want to see that you took your time on your business plan which will show you're dedicated to the idea of your startup and that you're not just going to throw their money at the wall and see what sticks lol.
Also, if anyone here wants to invest in some of my ideas I'd be more than happy to talk over a couple with you. I currently have 2 ideas that I want to get going
Thanks,
Razzy
RaduV
Basically, what i'm trying to say is that even with the best support, investment, angel an idea doesn't work all the time.
i believe the question is, how to make your business staying afloat and generate revenue? I was looking for investors sometime ago. At some point, me and @Cristian collaborate with Jordan on a similar project as Seoclerks but niched and adapted to our local market (Romania). Everything was put in place, the domain, the script, we created the algorithm so we released the service. We had good advertisement in local newspapers, forums, popular blogs, press releases etc. We thought we are done so let the cash come in. Our surprise was when we realised that people are not ready for this kind of business and they don't really understood d how the system worked. Basically, what i'm trying to say is that even with the best support, investment, angel an idea doesn't work all the time. i believe the question is, how to make your business staying afloat and generate revenue?
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