Getting Investors

Develop an in-depth business plan to present to potential investors. The plan should explain how you intend to make the company profitable. Include in the business plan how you will manufacture the product, why the product is going to sell, how fast you will make the business profitable and what will be the investor’s return. The more details that you provide, the more information you’ll be giving to the potential investor, and the more likely you’ll receive an investment.

Meet with a venture capitalist who is able to invest much larger amounts. Do this after angel investors get you past the initial stages of development. A venture capitalist wants to see that you are committed to the project and that instead of needing the money, you are ready for the money. In other words, the big investor wants to see that you are risking much yourself, and you’re looking to partner with someone to take the company to the next level.

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