- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Process of taking on investors
Posted on 1/10/20 at 9:45 pm
Posted on 1/10/20 at 9:45 pm
Has anyone here ever started a company and had to take on investors? How did you find/attract them? How do you determine what is a fair return on their investment? Any advice about this process or things you wish you had done different?
Posted on 1/11/20 at 7:52 am to weisertiger
Start with family. If they won’t invest in you, no one else is likely too either.
Posted on 1/11/20 at 8:15 am to weisertiger
Try looking into a small business incubator program. You have to be pretty serious to get accepted as a member but many provide mentoring and training, and even guidance through capital raising. Since I am in Lafayette, I am only familiar off hand with the one here that's done very good things. It's called Opportunity Machine. Check it out to get an idea.
LINK
Fyi, early on after starting in Lake Charles, Waitr worked with the Opp Machine.
LINK
Fyi, early on after starting in Lake Charles, Waitr worked with the Opp Machine.
This post was edited on 1/11/20 at 8:17 am
Posted on 1/11/20 at 9:17 am to weisertiger
You’ll need to network to find investors. I agree with the point about approaching the incubator in LC if you’re serious.
Each investor is going to have a different ROI expectation and that will depend on the risk. If this is early seed money, investors are going to want a lot of upside.
Know how much you need and what you’re going to do with it.
I’ve sat in on some pitches recently and can send you some pitch decks if you want to see them.
Each investor is going to have a different ROI expectation and that will depend on the risk. If this is early seed money, investors are going to want a lot of upside.
Know how much you need and what you’re going to do with it.
I’ve sat in on some pitches recently and can send you some pitch decks if you want to see them.
Posted on 1/11/20 at 10:46 am to Doctor Strangelove
quote:good point
Start with family. If they won’t invest in you, no one else is likely too either.
Posted on 1/11/20 at 2:28 pm to weisertiger
Are you looking for investors?
I’m always looking to invest in solid businesses and/or ideas.
I’m always looking to invest in solid businesses and/or ideas.
Posted on 1/12/20 at 3:57 pm to southernelite
quote:
I’ve sat in on some pitches recently and can send you some pitch decks if you want to see them
That would be great! Send them to weisertiger0812@gmail.com
We have a product we created in the construction industry and recently made our first sale to a building supply store chain. They issued ya a PO for 240 units. Product should be in store by end of April. For our initial production run we placed an order of 500 units but in order to get our margins where they need to be we will need to order in much larger quantities. We can continue placing orders of 500 to 1,000 without taking on investors but should the product take off once they are in in stores and our website goes live then we would need capital to order in larger quantities.
We have already purchased the domain name and trademarked the name. We have a patent pending on the product that we submitted in March of 2018, so hopefully we hear back about that any day.
Popular
Back to top
Follow TigerDroppings for LSU Football News