While getting major investors behind your for your new business may seem ideal, the reality is that very few ventures win this kind of funding.
Securing huge sums of money from major business figures may seem like the ideal way to propel a business forward, but there are better alternatives – like crowdfunding and small loans – that let you retain full ownership.
Q: G’day Richard. I am a young engineering student with little to no practical experience as an entrepreneur. I think I’ve got a great idea, a ready and capable team, but have little money to pursue commercializing my novel product. I fear that potential investors will not take me seriously because of my age (21) and inexperience. How can I convince seasoned investors to believe in my team and invest in my idea?
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