Question
I've spoken with two organizations regarding a partnership on an event promotion. I need 40k to fund the event and would then receive the full revenue, estimated to be 120k. My question, having never started a business before, is how would I go about getting that first $40,000?
Answer
An easy answer would be to pre-sell tickets so the amount raised covers your $40k requirement. In doing so, the attendees are acting as the investors.
With that said, accepting money as an investment is a commitment that should be taken very seriously. Be sure that you can deliver on your promises.
Bets of luck!
