Venture Capital Secrets for You
by Tyler G. Hicks
Are there ways to get venture capital that make it easier
to find the money you need? Yes, there are. And here they are:
- Your business must be a full corporation that issues stock
to stockholders who want to own it for future growth.
- You must be in a business having strong growth potentials
in its market--even if that market is specialized.
- You must have access to a strong management team either
on your staff or from outside contractors.
- Your product or service must have a great market demand in
its field so that you can "grow the business" to produce profits.
- You, and your staff, must be highly business-enthusiastic
and this must show through to customers and investors.
- You need a full business plan for your investors to project
your future income, profits, and revenue growth over time.
- You must be willing to listen to, and take, business advice.
- You must see your business as a profit machine, not as your
personal possession and refuge from taking a job.
- You must be willing to share easily some of your business
ownership with your venture capitalist investor.
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