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GotJokes

posts: 6

Mar 06, 2008 9:18 PM ET    Quote  Report Abuse
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I agree.  Though my business plan and initial marketing analysis follow in hand the most successful restaurant venture to date.  Spellbinder from Texas.
 
This largely successful venture was terminated, after 17 years showing year over year profit, due to owner disinterest and personal problems in her life.  Our closest competition would be 15 miles away, and the only credible competition more than 30 miles away.  The neighboring business owners having already reviewed a brief on the business plan have suggested that my model would give me too great a "competitive advantage" [Northwest Indiana Times, Sep 2007]. 
 
She surely should have sold the idea, but seeing that she didn`t, we really want to capitalize on her formula that will work.
 
In terms of risk, I have  a 5-star chef with a following who will make an enormous splash in this area, choreography from the lead of Dance Chicago, and the largest draw being the comedic talent who will feature regularly.  We did a test show here and sold 5,000 seats in one hour.
 
So...where do you suggest that I find these investors who might be as passionate about this as I am?
robertj

posts: 1458

Mar 07, 2008 11:33 AM ET    Quote  Report Abuse
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gotjokes,

While I can`t be too specific without more information, I can tell you that we guide our clients to begin with a basic "profile" and work from there.

Target your audience for capital in the same way you would target your audience for customers.



-------------------------

Business Growth Masters, LLC -
Capital Catalysts for Entrepreneurs
Home of the Scalable Business Plan and QuikStart Capital Programs
http://www.bizgrowthmasters.com
info@bizgrowthmasters.com


GotJokes

posts: 6

Mar 07, 2008 2:47 PM ET    Quote  Report Abuse
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Okay, that I can do.
 
A tactful way of saying that my audience and investors may be in the same areas, so target effectively for max benefit.
 
Duh!  Thanks.
robertj

posts: 1458

Mar 07, 2008 3:01 PM ET    Quote  Report Abuse
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GotJokes,

Generally speaking, we find that those that invest in early stage ventures (adventures) do so because they "resonate" with the project (problem to be solved) - so yes your "audience" is the place to begin "building your constituency".

If you want to delve more into the specifics - send me a PM.

robertj2008-3-7 15:2:32


-------------------------

Business Growth Masters, LLC -
Capital Catalysts for Entrepreneurs
Home of the Scalable Business Plan and QuikStart Capital Programs
http://www.bizgrowthmasters.com
info@bizgrowthmasters.com


Nov 15, 2008 3:33 PM ET    Quote  Report Abuse
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That there is a podcast of mine from SPEC Talk Radio. I have much experience in connecting company with capital and capital with companies.
A summary of the episode:
 

Karen will cover how to Pitch to Angel Investors. Whether pitching to 1 or 20 investors, it is important to ensure your message resonates with the investor. You may only have one chance to make a positive first impression with that investor. This broadcast will cover the following topics: - 5 common mistakes entrepreneurs make when pitching investors - What is important to cover when you only have 7-10 minutes.

To get the full list of Free or Near Free resources, go to www.launchfn.com and click on the Information section.

Get your 5 Free Investor Tips Now! Go to www.getinvestormoney.com

To get the full list of Free or Near Free resources, go to www.launchfn.com and click on the Information section.

Check out these investment websites: www.kugarandholdings.com, www.launchfn.com, www.nbai.net, www.kyrmedia.com, www.myvirtualangelworld.com, www.entrepreneurblogspace.com and www.getinvestormoney.com

Listen, Learn, Enjoy and Share with a Business Associate!
Please visit the linked websites! I am sure you`ll find them very useful! Who knows, perhaps we could connect up sometime!
VentureCatalyst11/15/2008 3:34 PM


-------------------------

Karen Rands
A Venture Catalyst, Entrepreneur, Author, Speaker
Join Our Funding Planet
Listen Noon EST on Fri. BTR Radio www.blogtalkradio.com/karen-rands
Get Free Tips to Reach Investors at: www.getinvestormoney.com
Connect with Karen on Twitter and Facebook:
www.twitter.com/karen_rands
http://www.facebook.com/people/Karen-Rands/599978373

Scareo

posts: 1

Dec 04, 2008 1:11 PM ET    Quote  Report Abuse
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Investors are a moving target. What they would do one day they won`t do the next. You probably need a consultant who can connect you to VCs by their preferred industry, and help you present yourself the way that lender likes the information.

I have had several deals funded and it`s a new experience every time. I also have helped my clients find money in several cases, one time saving my friends contracting business when his regular bank, of many years, turned him down flat.

These sites claim to let you view a list of lenders if you register...

http://fundinguniverse.com
http://altaviewcapital.com

Good luck!


Scareo12/4/2008 1:11 PM
FastVentures

posts: 306

Dec 05, 2008 2:49 PM ET    Quote  Report Abuse
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All good information here; however, your attempt to secure venture capital from VCs will most likely fail, simply because you fall outside of the investment criteria of any VC I know.

VCs generally don’t invest in the hospitality arena because those deals are usually characterized by lousy risk/return tradeoffs. In addition, these types of deals usually don’t have a viable exit mechanism such as an IPO, sale, merger, etc. Finally, your capital requirements of $600,000 are simply too low for institutional equity investments. Let’s keep in mind that VCs don’t invest their own money and thus, they have to structure their deals different than, let’s say an angel investor.

Another alternative might be a Private Placement or Regulation D Offering based upon which you can sell restricted securities in your venture to investors that meet certain wealth or sophistication requirements. If done right, Private Placements or Regulation D Offerings are usually exempt from any registration or reporting requirements, but you have to be careful that you structure your offering strictly within the given offering parameters and limitations.

If you are interested in exploring this financial vehicle in greater detail, please feel free to review our series of articles “Private Placements – Myth or Real Option” on our website at http://www.Insights.FastVentures.com.

We also have a free guidebook available that offers guidance and valuable ideas of how to research, identify, and approach high-net-worth individuals. The guidebook is available as a free download at http://insights.fastventures.com/is-bin/guides/htg10302208/i ndex.php.

We also have a couple of sample documents available for purchase, which are usually very helpful in creating a solid starting point for your own private placement.

I hope this helps.


Mark

 
 

-------------------------


Jackson Steiner
http://www.JacksonSteiner.com

Advanced Document Design for entrepreneurs, intermediaries, and the financial services industry.
http://www.Publications.FastVentures.com
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