TRENDING NEWS

POPULAR NEWS

Should I Pitch To An Investor Who Is Also Actively Invested In A Similar Product Or Possible

Investments How to invest?

Would you mind help me with $30000.00USD. i need you help, please be kind of me once. please send me a eamil.thank you! my email: lishan0415@yahoo.com

How does one seek investors?

You can seek venture capitalists, but they are going to want control of the company, and you will have very little to do with it and be lucky to get 20% for an already patented process.

You have to get someone interested before anyone is going to waste their time with a video conference.

Go to the library and learn how to write a business plan. You may spend months on this one thing alone. The more prepared you are, the more people will take you seriously, rather than another teenager with a bright idea who knows nothing about the business world, what is already out there, what the competition is, what the marketing problems are, let alone manufacturing and production and sales.

Find something similar in your own area. Go visit them. Some places allow a tour, others may have brochures. See if you can meet with some of the manufacturers employees, or catch them at a local hangout or bar or workout center.

If you want to manufacture a better mousetrap, find the best mousetrap out there and go see how they did it. Find out costs of manufacturing if possible. Get their company reports, available at your public library quarterly. The company president will often have a spill on long-term outlook for his/your industry.

You are not ready to seek investors. You gave a thousand word description here, but you have not given any sign of business accumen or vocabulary or knowledge of any industry or manufacturing process. Turn off the TV and join the real world. Read, study, learn.

TRENDING NEWS