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MenuHow do I raise the needed capital/funds to kickstart a hybrid visibility face cap production?
My product/creation is a Hybrid Visibility Face cap; essentially designed to enhance your corperate/personal brand logo with HD visibility. Its ideal for Brand Marketing, Fashion, Style, Gifting, Kids IP licensing, Promo etc.
Answers
By learning how to be resourceful. Getting the money you need from the people who have it. Take a current look at your assets and if you can use them to secure funds. Look at your network is there people who may be interested in investing. Bootstrap, start a kickstarter, low interest business loan, competitions, get your early
adopters to pay prior to receiving your product.
Resourcefulness is a key factor to getting more money.
There are several ways to raise funds.
Angel investment: This is probably the best option for funding a start-up at initial stages of business. All you need to have is a highly useful business idea and an impressive pitch. If your product idea solves a real-life problem and it’s not in the production yet, even then you can raise huge capital for your start-up.
Business incubators and accelerators: There are hundreds of business incubators and accelerators out there, however, approaching local ones is the best way to start with.
Venture capitalists: Yes, these are the people who will invest a huge amount if they are convinced by business models, valuations and growth trends. So, you must prepare a business plan that investors would love.
Crowdfunding: You can not only generate funds for your business but can also gain traction. This type of fundraising allows you to pool small investments from a big number of investors instead of wasting time with a big company to look for a single investment.
Business grants: Almost every country’s public sector has a certain amount of funds to support the small business sector. Here is a detailed article on finding and getting the business grants for disabled people in the USA.
You can read more here: https://www.startupguys.net/5-options-to-kick-start-your-startup-fundraising-today/
Besides if you do have any questions give me a call: https://clarity.fm/joy-brotonath
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What are the qualities of a good fundraiser?
As someone who has founded and fundraised for a social venture, I can tell you that the fundraiser must be the CEO or President. Fundraising for a non-profit is all about building a relationship with your donor base, and the donation is often as much because the donor likes the person & people as much as they like the work being done by the Foundation. One of the most difficult paradoxes of raising for a non-profit web platform is that the more someone becomes excited by the potential of the platform, the more that they would prefer to invest cash for equity than simply donate and looking back on it, I think that would have simplified things for my social enterprise and would have been able to attract far more capital. The other avenue that you can explore is to build in tipping or crowdfunding for your operation directly into the online experience but that will only be a viable source of funds with significant traffic and thus, the operating capital required to grow the business requires proactive outreach to supporters. Happy to speak with you about this in more detail in a call.TW
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Launched my first startup yesterday and didn't get as much momentum as expected. What is one area of marketing would you focus on?
Good luck! Forget about SEO. This is just a temporary improvement. Not worth your effort right now specially if you have to pay. If is free, take it as long as it doesn't distract you with "useless busy" work. Focus on the emails. This has huge upside potential!! A video is a powerful tool that automatically enables you to connect with those who share your interests and can make people find you simply because they like you. This also reassures them that you haven't forgotten about them, that you are doing what you can but also need the communities help. Share this on all your social networks. Leverage the power and newly harnessed interest of Periscope or Meerkat of both and announce(schedule) through Twitter a video pitch of what you trying to do. This will get you potential viral spread if you ask your viewers to use a hashtag or to simply tweet your live streaming. If you have backers you're doing something right, you just have to now drive traffic to the campaign. Not really work on the pitch itself... Now you're in the numbers business... :) Humberto Valle Best of luck.HV
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Is fundable.com a successful tool to help raise an equity seed round for a pre-launch startup?
We have used Fundable.com successfully for two rounds of financing both oversubscribed. Here is what I can tell you. Basic info: Fundable.com's platform connects accredited investors to startups seeking investment capital. Startups have a public facing profile that includes general information about the companies product, team, press accolade, etc. If you are raising funds claiming SEC Reg D 506(b) the public profile has no information about your securities offering. If an interested investor wants to view more information about your startup and or your offering, he/she would request access to your full profile. The investor must self accredit on the Fundable site before they are allowed to view your non-public profile. The startup is notified and you have the opportunity to conduct some due diligence on the investor (LinkedIn) and elect to invite them into your deal. Your private page includes the offering (terms). All communication from this point is done outside of the platform, meaning you have the investors email address ( a good thing to have). Fundable charges startups a flat monthly fee to post a profile on the site. In addition you can opt for additional services (help) with your campaign. For a flat fee, Fundable will assign resources to help build your profile, consult with you on your raise, and assist with PR or Marketing. This includes a blast to their investor base of over 40K if my memory serves me correctly. I am sure it is higher today. Our experience: For our first round on Fundable, we elected to use the premium service. Fundable did a great job in helping with our profile. We received 50+ views per day (quite often 100+) and on days we were included in their newsletter we received 200+ views. 10 - 20% of views requested access to our full profile. and 10-20% of those responded to my request for a call. Our close rate was very high. Both of our rounds were oversubscribed in less than 4 months taking averaging $50K per investor. These are high quality investors that have not created additional work (outside of normal investor updates). Many of our investors regularly share news and information about our industry. Several have re-invested in subsequent rounds. Disclaimer: Our startup is in the consumer hardware space which I believe tends to attract high net worth individuals. Obviously results may vary, thus I cannot speak to how well a SaaS play would do crowdfunding in general. Fundable.com's premium services offering may have changed since our campaign. I am not affiliated with Fundable.com. In fact we have been successful on other crowdfunding sites as well. In Closing: I am a proponent of crowdfunding in general. It is disrupting angel investing, providing investors with greater deal flow and exposing startups to an exponentially larger audience, increasing their chances to get in front of investors who understand and appreciate that company's solution and opportunity. Most importantly it is moving capital and driving innovation! Keep in mind, securities laws have changed and continue to change due to the Jobs act of 2012. Before you offer any securities to local investors or choose to try crowdfunding, you should consult with an attorney, and take the time to learn and understand what regulations apply to your circumstances.UB
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