When you are not scarce with idea for a project which would provide returns in figure of million, and factors like investment or money which is required to implement the ideas in reality are real pinch for you to get this idea started? You need not worry about money factor anymore with these tips on HOW TO GET INVESTORS FOR A STARTUP BUSINESS.
Irrespective on the nature of field or proposed idea the concept on how to attract investors is fairly the same so it’s better if you hold patent to your intellectual property before someone claims over it.
As already mentioned earlier by taking proper patent to your intellectual property it makes you the only person to hold the true value and right to the idea which would attract companies to approach you directly if they are interested to implement the project that would provide them with substantial returns and the other advantage of patent is it cuts the access of others to use or try on your idea.
It would be preferable to form corporation for the business, this step require proper attention as many fail to do it in the beginning level, and by this your business accounts can be maintained separate from house finances, say even in the worst case the legal legislation and rules can sue only the company not your personal belongings if it holds separate records.
Our next step would be maintain list of those whose can contribute to the company it can be anyone who is related to the project, just maintain a list and put them in order of descending the top one will be our target or big boss, if technology is our idea Sony or Samsung would be our big boss, approach them personally and what less if your idea is appealing they might stand aside providing financial aid since you are the only person with patent on the particular intellectual property.
Make a simulation model of your project with expected cost on its implementation, the presentation should be attractive and informative such that it could answer questions like where and how it can be used, how beneficial it would be, etc. meet the persons in your list with the presentation and be clear with your ideas never lose your confidence because there is always another person in the list. Investors ask shares for the amount they give, don hesitate it because the investors expects something in return for the amount he has offered by giving him shares he would be a part of companies establishments and make sure the share contents are dealt using business attorney also ensure that you don’t give away much of the shares as you need them for further establishments. Put up your best on the project to keep it running, investors need notification on its progress make sure they are well informed, by this the investor feels the investment is not futile and work diligently on the project.
The tips on HOW TO GET INVESTORS FOR A STARTUP BUSINESS provide ideas which can be easy followed are effective for motivated and hardworking individual who strive for excellence.