Over the last five years approximately 600,000 entrepreneurs pitched first tier venture capital firms in North america and about 15,000 received funding. The likelihood of getting funded are 2.5%. This is often a fact. Many of those who were funded became quite wealthy and many more failed. Venture capital firms are on the lookout for home runs not base hits.
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Seek assistance from angels. Venture capital angel investors can be individuals or perhaps private group who that i see interested in investing in your small business. Once you have found a prospective angel investor, it’s important to present an impressive business to be able to show that your business comes with a very strong potential to survive the market.
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Take the time to write a investment business plan. Many entrepreneurs/business owners walk around with the plan for their business inside their heads. A written business plan will a person with clarity too is the blueprint on your own success. You should use it for bank loans, investors, venture capital, government loans and angel loans. You will be making a statement that the business is not just an activity.
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