Overlooked Ways To Raise Capital For Your Business
RJ Mollen MBA
Helping Companies Grow Faster | Strategic Investments & Board Advisor | Investment Banking & CFO | Sustainable innovation Financing | Art & Antiques Financing | UHNWI | #NewYork #Dubai #London #MBA #CFA
Finding investors for your business is so easy, don't you agree?
Mr. Mollen has been working with companies to grow their business and in many cases finding the capital to expand and grow is one of the most important areas. As many say, Mr. Mollen is the driving power behind many companies and one top business consultant to get the job done.
Now Mr. Mollen manage many already to get capital, but here are some tips for you. Some are a bit overlooked by many business owners like taking a loan or seeking venture capitalists to get started
Business grants are free money awarded to businesses by the government and non-government organizations to invest in their business. In addition, the awarding organization often offers mentorship and training programs to help businesses maximize the capital to grow. You can win from a few thousand dollars to hundreds of thousands of dollars. in grants from these programs. And you don't have to pay back the money. Thousands of businesses win grants every year to fund their businesses. Of course like every that is free there is always a large number of people entering for these grants. which makes it highly competitive you have to make your application stand out to increase your chance of getting selected. The application process for grants can offer to learn experience about your business. So even if you don't get selected, you can take the experience with you
2. Bootstrap your business.
Self-funding, also known as bootstrapping is the process of using existing resources to start your business. using your own equipment and space to start and reinvest proceeds from the business to grow the company. This approach is in contrast with the trending concept of bringing investors to provide capital or taking on debt to fund a business expansion. It's about taking and using whatever you have to get the job done. The good part is that you keep complete control of the company without influence from investors and creditors and manage limited resources and inspire creative ways of getting things done with little. To start a business and build it into a successful company from bootstrapping take confidence, risk tolerance, and self-discipline. Many successful entrepreneurs like Steve Jobs and others started like this. So instead of waiting for an external source to invest in your business consider using what you have, getting your product to the market, and having customers fund the business. Provided your business is not operating in an industry that requires lots of startup capital, like airlines, manufacturing, and other transportation. You can potentially fund your business and it may be more feasible than you think. If you believe in your vision for a business and have the drive to make it work you should be comfortable investing your money into the business investing some of your own money will usually make investors and lenders more willing to partner with you down the line.
3 Pre-orders
Pre-ordering is like bootstrapping but has some small element to it. See that you have a great idea for a product or service you create a strategic sales and marketing campaign to attract attention and have people pay you before you even create the product. One of the best samples for this was done by Elon Musk. He used this method to raise large capital to create a quantity of Tesla's electrical cars. Potential buyers order a Tesla model and waited for almost a year before their order is delivered. You can only do this if you already spend a lot of money developing the prototype and creating a good online buzz around it. But what is he spend on the development was still a fraction of what the company raised from pre-orders. You can adopt this method of selling your product online. Have people pay for it to be delivered at a feasible date. You will see this used also a lot with my clients that are creating online courses. Just check good or contact us for advice if pre-order will work for your business
4. Crowdfunding
An entrepreneur puts a detailed description of his business on a crowdfunding platform to explain what he or she is making and how this will return in profit. How much funding he/she will needs and for what reason, etc Consumers can read all about the business and give money if they like the idea. Those giving money will make online pledges with the promise of pre-buying the product or giving a donation. Anyone can contribute money toward helping the business. In some cases, it is restricted, like in the case of one relation that has a successful real estate investment platform. Investment with them is backed by real estate investments and gives the consumers of the platforms a return of 8-12% on real estate investment. Investments can be done from just 100 Euros or more. It is an easy way to get a better return on your money than just letting it in the bank.
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Check out one of my relations websites to have a better understanding: Estateguru.co
Using crowdfunding is not for everybody, over 62% of the projects don't get the total capital they need. The reason they don't get the total capital is because of not use the right marketing and online presentation. It comes back to the story you are telling to crowdfunding users and why they need to invest in your business.
5. Ask friends and family for money for your business
The most successful way to start a business and look for capital is to ask close relations, friends and family got to invest in your business. With trust and a good idea, you can find the capital that you are needed to get started. Make sure to agree on the nature of the funding and agree on terms, so you agree on this all correct.
6. Full-speed fundraising joining the world's leading businesses.
The most effective way to find capital for your business is to use professional services. In Mr. Mollen's cases, he focuses on getting capital for businesses that are looking to grow to the next level. From 10 million up to 10 billion investments. The processes are easy and simple and will take around 4 months to complete. In raising capital he works with leading investment bankers, some have done over 300 billion in transactions and are the best you can find in the world. Mr. Mollen is one of the leading business consultants in aviation and airline.
He is been hired by not only investment bankers, but many organizations to find solutions to find capital to grow. From aviation, real estate, energy, fintech, and technology, in over 60 countries
Contact us for capital, growth, and investment for your business [email protected]