What Investors Are Looking For In New Business Ideas
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Show Notes
Have you ever found yourself with a great business idea, but you get stuck thinking about how you're going to get it off the ground, or build the prototype, or hire a team? Well, I have great news for you. There are so many people lined up looking for good businesses to invest in, and you just have to get in front of them.
I break down what Lori and I look for when we're investing in a new business, and why we like to take on strategic investors when we're launching something new. I share the two key questions to ask investors if you want to bring your dream to the market, and address three of the most frequently asked questions that I get around this topic.
IN THIS EPISODE, WE TALK ABOUT:
- Creating a win-win financial exchange with your investors
- Why it's so important to pay yourself a salary, even during the beginning startup stages
- My advice about how much money to raise
- Realizing that taking on investors doesn't mean you're hiring a bunch of bosses
RESOURCES
- Text DAILY to 310-421-0416 to get daily Money Mantras or Business Perspective messages to boost your day.
CONNECT WITH CHRIS
Follow Me: @chriswharder
Visit My Website: https://chrisharder.me