Finding The Right Startup Investors

By Earlene McGee


There is no easy way to realize your business concepts. You can scribble it on paper and shape up everything that is inside your creative entrepreneurial mind. But acting the whole thing is another thing. You will need people to help you out because no one can ever do this alone.

You need people to back you up and you also need a lot of determination. The right startup investors has got to be there somewhere around the corner. They can be your family and friends, people you know through networks, friends of your friends, friends of your family, or a total stranger you happen to talk to while on a business seminar.

Trust issues could hinder you from getting a partner to invest on your business idea. Thus, it is safer and easier to turn to your friends and family to share it with. They can be the safest investors you will have and you can approach them anytime and meet up with them right at the comforts of your homes over coffee and simple snacks.

There are, however, some loopholes in choosing your friends and family. It could affect your personal relationship and loyalty with one another. Unless you will make a valid and clear agreement that you will not involve personal feelings if all else fails, you could lose both the business and your bond. Money can be blamed for situations of conflicts so beware.

If you are confident that you can get through with all the challenges together without involving your personal and family relationship or friendship, remind yourself that out of ten startups, only one becomes a success. Hang on to this principle so that you will understand one another and retain your personal relationships even if it fails. This is a must.

With this, you can decide whether or not to continue with the plan of having people who know you personally invest on your business. There are also more experienced and established individuals who are used to anything and everything that needs to be done under the business sun. They can be total strangers, so you need to build that trust on the professional level.

It is not easy to communicate with this individual. That is why you need to have all the necessary resources to make him understand fully what you are trying to propose to him. Show him your purpose and make sure that you enumerate the benefits he will get from this. Know that he will always be looking after his part in the bargain.

If in any case he does not want to invest on it, there is a possibility that he will refer you to some individuals he knows that might like the idea and invest on it. Try as many times as possible until there is finally someone who trusts you to be his partner. When you finally got one, the pressure of proving to him that he made the right choice and decision is on you.

When you venture into a business, you are soaking into a sea of uncertainties. Startups will always be challenging. You can get discouraged at times but remember what your purpose is, go back to how you started, and look at the future. If you want to succeed, you will never stop trying no matter how many startups you will go through.




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