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2) Getting Investor Ready

Sales statistics have shown us that: 1% of sales are made on the first contact. 2% of sales are made on the second contact. 5% of sales are made on the third contact. 12% of sales are made on the fourth contact. 80% of sales are made on the fifth contact (or above). So why [...]

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5 Keys to Successfully Raising Early Stage Capital

Get these 5 Early Stage Capital Raising keys right and the investors will flock. 1) A Great Story When you explain your opportunity to people they should say ‘Wow!, I like that, let me know when you get it moving”. Building an “elevator pitch” is a great discipline as it gets you focussed on building [...]

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When looking for investors the two axis of innovation and capability are important. And so is the elimination of doubt. A Great idea and perceived “proof” that You can do it are necessary to raise funds. Doubt about either can stop the transaction. In many cases investors are often blown away by your business opportunity [...]

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An article by Sahil Merchant of Mag Nation fame got me thinking about Mark McCormick. Mark McCormick was the founder and chairman of International Management Group, now IMG, an international management organization that handles the commercial affairs for sports figures and celebrities such as Björn Borg, Chris Evert, Pete Sampras, Michael Schumacher, Charles Barkley, Kate [...]

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How you can start now to raise the capital you need

  You can start today! We’ve found that those who have raised capital on the ASSOB Capital Raising Platform (over 200) work hard to score 10 out of 10 on each of the following so that they can raise the capital they require. 1) Develop a convincing and compelling story. When someone asks you what [...]

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Before we get into lighter and faster early stage venture capital some career advice. When my Dad gave me career advice he said … this is what you do: Get an Accounting Degree Join a Public Company Work your way up to Managing Director Be rewarded with a job for life, a Jaguar car and [...]

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Need To Raise Capital? You Need More Than A Great Product

Need to Raise capital? The pitch is great! The product or service is awesome. The investors agree it is the best thing since sliced bread and are all ready to write out the cheque. Then one of them asks … but can you guys really do this if you raise the capital you need? Now [...]

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Naming Your Startup Well Can Assist Capital Raising

Great article here about naming your StartUp. Maybe you spotted in the new “FaceBook” movie “The Social Network” that magic moment when the guy that founded Napster said … mmm drop the ‘the’ from “The Facebook” and just call it “Facebook”. UTYTTV6TZ36M From that moment on the new name was etched in stone. I’ve summarised [...]

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Are you Investor Ready?

Are you Investor Ready? You could answer, well it depends on who is investing! However there are some basic guidelines that can assist you in checking how investor ready you are. An investor needs to be certain they are getting exactly what they are expecting for the money they are investing. They need to be [...]

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Selecting a Board of Directors for Fundraising

When an entrepreneur is raising capital for their business venture their belief is often so high they see no need for outside guidance, but they would like the funding. Richard Leider in a Fast Company Article floated the idea of a “Personal Board of Directors” specified four types of people to look for. 1) A [...]

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