July 28, 2010
Did you know that everything you were taught about raising venture capital in business school is now dead? Thatâ€™s right, the old school of raising venture capital is dead and you no longer need to make your business plan the top priority when you are preparing to see an investor.
There is a method that is well tested and you can also learn this amazing method without paying through the nose. There are many entrepreneurs who have raised the capital for their companies with these methods and successfully to win over $1 billion in funding collectively.
Thatâ€™s right, you can learn how you can get a venture capitalist to like you enough to fund your venture and also learn how to find the right partner from a vc firm to contact.
Now, what does this exactly mean that the old way to raise venture capital is dead? Well, with the widespread use of the internet, venture capitalists can see up to 400 business plans in an average work week. The use of email has enabled millions of entrepreneurs to send their business plans to investors and the truth is that venture capitalists are very busy, attending board meetings, reviewing new ventures, let alone have the time to read your business plan.
Though you still need a business plan because it is the roadmap of the course your business is to take and shows the investors the various milestones you plan to reach, this is not the first thing an investor will want to see. Writing a good teaser email to get the investor hooked onto your venture is the best way to contact a venture capitalist cold. Furthermore, when contacting a venture capitalist, you need to look at his firm and look at all the partners in the firm. Choose the investor that you feel comfortable working with.
You can find the course that you need by clicking on the above link and you can learn how you too can get the funding for your company.
All the best and good luck!
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