Tips on Raising Money
Consultants Corner on MSNBC invited Alan Grafman, operating Partner of the private equity fund, Mercury Capital Partners to share some great tips for Raising Money.
Here are Alan Grafman’s Tips:
Know the difference between what you want and what you need. Focus on what you need!
Don’t underestimate what you need
Don’t get distracted
Two-page summary /3-5 sentences of every key item or challenge you face
Have a detailed Business Plan – Save for those who express serious interest
Consider pros and cons of hiring outside assistance
Listen to the market.
Do you know how to raise money for that business idea you have? Maybe you need more investors. Take a look at this 2:51 second video presentation. Great tips for any business owner needing more mula!
This video is powered by MSNBC. Click here to begin and scroll down to “Raising Money”, MSNBC.