How To Raise Capital

[AroundTheWorld]

Inspired by this post...


Go to traditional means first:

Go to a local bank. Have your biz plan or your financials ready.
Present your case. Get your "no" Ask "why?" Improve your presentation. Go to another bank. Get another "no". Ask "why?" Improve your presentation. Go to another bank.

Didn't work?

Hard Money could work.
Or a HELOC (tougher in today's environment, but file it away for future possibilities)

Next, time to start expanding your network of associates. Join real estate investment groups, the local chamber, or help raise money for a not-for-profit organization. Start building relationships with people that may become future investors or business partners with you. If you consistantly build a network, before you know it you will not only have sources for capital but you will also have people bringing potential deals to you!


A funny thing about raising money:

If it is a great deal
the money will come to you.
If it doesn't come to you -
then it probably wasn't the deal you thought it was.

But YOU HAVE TO:

1. Believe it will happen
2. Then get out there and find it.
3. Don't give up if you don't find it at first.

 

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[howard_two]

Inspired by this post...


Go to traditional means first:

Go to a local bank. Have your biz plan or your financials ready.
Present your case. Get your "no" Ask "why?" Improve your presentation. Go to another bank. Get another "no". Ask "why?" Improve your presentation. Go to another bank.

Didn't work?

Hard Money could work.
Or a HELOC (tougher in today's environment, but file it away for future possibilities)

Next, time to start expanding your network of associates. Join real estate investment groups, the local chamber, or help raise money for a not-for-profit organization. Start building relationships with people that may become future investors or business partners with you. If you consistantly build a network, before you know it you will not only have sources for capital but you will also have people bringing potential deals to you!


A funny thing about raising money:

If it is a great deal
the money will come to you.
If it doesn't come to you -
then it probably wasn't the deal you thought it was.

But YOU HAVE TO:

1. Believe it will happen
2. Then get out there and find it.
3. Don't give up if you don't find it at first.

AroundtheWorld the central part of your message is what I need to develop. I asked a question about this here: Angel Capital Meetings

I still don't know how to do this. I'm not into RE investing but Biz building.

 

[AroundTheWorld]

I think I heard RK say once - "The time to raise money is before you need it"

Build relationships with successful people.

 

[howard_two]

I think I heard RK say once - "The time to raise money is before you need it"

Build relationships with successful people.

yup your right...He said that.
I think I need to go to Palo Alto.

 

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[Runum]

Inspired by this post...


Go to traditional means first:

Go to a local bank. Have your biz plan or your financials ready.
Present your case. Get your "no" Ask "why?" Improve your presentation. Go to another bank. Get another "no". Ask "why?" Improve your presentation. Go to another bank.

Didn't work?

Hard Money could work.
Or a HELOC (tougher in today's environment, but file it away for future possibilities)

Next, time to start expanding your network of associates. Join real estate investment groups, the local chamber, or help raise money for a not-for-profit organization. Start building relationships with people that may become future investors or business partners with you. If you consistantly build a network, before you know it you will not only have sources for capital but you will also have people bringing potential deals to you!


A funny thing about raising money:

If it is a great deal
the money will come to you.
If it doesn't come to you -
then it probably wasn't the deal you thought it was.

But YOU HAVE TO:

1. Believe it will happen
2. Then get out there and find it.
3. Don't give up if you don't find it at first.

Great post ATW ++++spreed

 

[fanocks2003]

Smart money go to smart businesses (business that has a good team and revenue + earnings).

Dumb money go to dumb businesses (business with no good team and no revenue + no earnings. Small shareholders with no idea what they are investing in is the best crowd to sell your shares to. But it will create very bad publicity for the company and the founders. Of course. Depends on how big heart you have).

It is always easier raising money with a company that has proven it's business concept, proven it's brand and proven it's business team. It will attract the capital per automatic. The smart money that is. The dumb money will also come along per automatic (that's the reason it's called dumb money, it follows everything that "looks" good, not what "is" good).