![]() |
Gonna talk to some angel investors...
i got most of my material ready to present:
biz plan marketing + advertising plan operation plan im alil nervous about this one.. since its a big amount that im projecting. this will be for an exclusive paysite too.. any tips, tricks or whatnot? |
all i can say is good luck :thumbsup
|
i guess everyone is in the sig forum. lol
|
bizump
|
No tips, tricks, or advice to give. I'd like to wish you good luck with your proposal though :)
|
Hope it all works well for you man....:)
|
Just go in confident not cocky. Make sure you know your plan well. good luckwith that chowda:thumbsup
|
do you know your market- "who is your first customer?"
they will want to hear an exit strategy- how do they get the money back? what exactly are you gonna spend the cash on? you should do a cash flow analysis. having spoken with vc's the big thing they are looking at is YOU. can they trust you with this cash? show them past success, they love serial entrepreneurs. you dont need luck, you just need preparation! but good luck.:glugglug |
Make sure you have all your angles covered - if not on paper then in your mind. Be prepared for all possible questions - make sure you've taken into consideration worst/best case scenarios.
Break a leg! |
just an update: they were interested, but i had to provide more content prices for shoots and what not. but overall it looks ok
|
Good job chowda!:thumbsup
|
g/j chowda!
|
Quote:
|
If you have it in PDF format, I'll take a look at it Chowda before your presentation and give you a good opinion on it in case it needs tweaking.
[email protected] |
I agree, good luck! :thumbsup
|
A Pay site?:eek2
Interesting. |
Chowda,
I worked for a venture capital firm in the late 90's early 2000s. Here's my tip: Always mention what your "exit strategies" are. The more the better but keep them realistic. Also, you have to sell them on the idea that you will manage their money efficiently so they can get the most bang (no pun intended) for their buck. There's really no need for fancy graphics but your idea must be concise, backed up by real numbers, and you can sum it up in less than 30 seconds (the "elevator pitch" method). Best of luck! Gene aka $5 Submissions Quote:
|
angels are best barbcued
:glugglug |
Quote:
|
thanks for everyone's response.
there are soo many ways of approaching this that im trying to get it all into words. A problem for me is that im pretty dry for ideas right now and they are no help in terms of theme or niche. Gene was right about real numbers and exit strategies. The only semi good thing about these investors is that they do some adult dvd distribution so if the content doesnt float online, selling it in the dvd market (like bang bros) could be an easier strategy. |
Quote:
Also talk to us about themes and niches, we know what people are looking for. http://www.PhotoGregg.com |
All times are GMT -7. The time now is 07:41 PM. |
Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2025, vBulletin Solutions, Inc.
©2000-, AI Media Network Inc123