I thought I would never be here asking for help, but here I am.
Backstory: Came up with a genius business idea, internet based(no physical product), market competition is there, decent barrier to entry, current supplies under serving the customer demand etc. I did all the leg work hired consultants to develop the MVP plan. Spoke with 3 investors... two relatives and one friend. All three while not completely understanding the complex technology can see this is a winner. In person all three agree to provide their seed money $2k each for 15%. I get back home after Christmas holidays and sent account info over for transfers and nothing.
My question: How often do you follow up with investors? Do I need to call each specifically , would another reminder text work out?
Also there's this piece. Through pitching the company I've realized the true value. Due to this I am tempted to wait on my tax refund and bet the house on myself.
Backstory: Came up with a genius business idea, internet based(no physical product), market competition is there, decent barrier to entry, current supplies under serving the customer demand etc. I did all the leg work hired consultants to develop the MVP plan. Spoke with 3 investors... two relatives and one friend. All three while not completely understanding the complex technology can see this is a winner. In person all three agree to provide their seed money $2k each for 15%. I get back home after Christmas holidays and sent account info over for transfers and nothing.
My question: How often do you follow up with investors? Do I need to call each specifically , would another reminder text work out?
Also there's this piece. Through pitching the company I've realized the true value. Due to this I am tempted to wait on my tax refund and bet the house on myself.
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