How can entrepreneurs move from their own pockets to investment?
Source: Internet
Author: User
KeywordsInvestment
No one was willing to invest in Vadim Vladimirskiy when he founded his cloud computing company Adar it in Chicago in 2005. So he can only use his own money to insist on entrepreneurship, and strive to build a solid product and lasting customer relations. Vladimirskiy, who wants to push cloud computing services to the world, has also taken the risk of starting a business, but the move is the most successful because he will be able to win 2.4 million of dollars from the MK Capital venture in the future. "When I met Vadim and his Adar IT company, I was impressed that he had no foreign investment but had already served 100 global clients," recalls Bret Maxwell, a partner at MK Capital. What is even more impressive is that Vladimirskiy has a strong vision, and he wants to offer Low-cost, high-quality cloud services to small businesses. Many entrepreneurs feel that their ideas can change the industry, they will naturally get a lot of investment, but the fact is not so simple. Vladimirskiy was wise, and he did not. Charlie McClary, CEO of Bosi Global, said: "When all the founders are frantically looking for a round of investment without making a profit, Vadim is an exception, and his small company is fast growing and earns a handsome income." He was definitely a smart entrepreneur, and it made me quickly decide to work with him. "Vladimirskiy advises entrepreneurs to have a clear plan when they decide to seek investment." Here are his eight tips to help entrepreneurs get a good investment from their own pockets. 1. The first thing to have is a game-changing idea. Investors look at hundreds of items a month and they're looking for something to stand out from. So your entrepreneurial ideas must be able to quickly win their trust. 2. Say no, do not practice, be sure to start a good idea is not enough, entrepreneurs should focus on the business, rather than thinking about how to get the investment, try to do your business. These can attract investors. 3. Let your customer satisfaction investors want to see you have real customers, these customers really like your products and services, and gladly pay. If you just talk to investors about potential customers, and no real customers, how can you attract a high level of investors? 4. Entrepreneurs who have a market vision must show their market strategy to investors, which is feasible and can be scaled. If your client is just from your relationship network, that's not good enough because these customers can't grow in scale. 5. Create team VC all know priceless entrepreneurial ideas from the great team. In this respect, we have a number of different approaches, because Adar does not directly pay a large price to hire cattle to join, but the use of a partnership, not only more economical, but also to obtainFavored by investors. 6. Find the right you VC not all investors are suitable for you, entrepreneurs to find to focus on your field of VC. For VC positioning, in fact, with the customer positioning is the same thinking, you have to think carefully about who will invest for their own people. If a VC investment in the real estate sector, then don't look for him, he should not be suitable for you. 7. The best way to make a deal happen is to have a good idea, a quality team, a large scale strategy, and you have a lot of potential to get invested. At this time you can confidently look for VC, but more importantly, remember that entrepreneurs and VC are equal, because VC is also constantly looking for good projects, really good projects, will let VC into contention. 8. Keeping momentum and getting investment is not the peak of your venture, it's just a milestone. Understand that the work will be very hard for 5-10 years from the start of your investment. Instead of imagining a rich fairy tale, show a real entrepreneur to your team and your investors, not just the investment. (via Inc translation/Fast carp)
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