" Whatever you can do or dream you can, begin it. Boldness has genius, power and magic in it " Goethe
Any intelligent fool can make things bigger, more complex, and more violent. It takes a touch of genius -- and a lot of courage -- to move in the opposite direction
Raising Finance
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The beauty of life of course is that resources are limited. This is why dreams are precious - in so achieving your dreams and surmounting the challenges to gain access to scarce resources you attain satisfaction. Imagine having all the resources you need for everything you want to do. Won't life be utterly predictable and boring?
If you are an entrepreneur, by definition, you are ambitious. You have at your disposal more ideas and opportunities to grow than the resources to support those ideas. But, take heart. Your drive gives you a natural advantage over the rest of the human breed in realising your dreams.
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'More is better' simply does not apply to Corporate Finance as there is always some kind of a trade-off between control, growth and returns. Often, more important than garnering the resources is the know-how on what to do with the resources, once raised. There are some key questions an entrepreneur needs to consider when it comes to rainsing finance:
| * | Should I raise money? |
| * | If so, When is the right time? Are the market conditions favorable? are they getting better or worse? |
| * | What amount of money should I raise? |
| * | Do I qualify for free money like Grants? |
| * | From Whom to raise? |
| * | What is the right-mix of funding? Angels, Friends & Family, Bank Loans, Public Debt, Venture Capital ..? |
| * | How do I connect with the funding sources? |
| * | How do I present my Business Case? Pitch should include Execeutive Summary of Business, Industry Overview, Product / services, Demand Projections, Key Customers, Key competitors, Growth Plan, Sources and Uses of Funds etc.. |
Genius Incubator has access to a private network of angels and investors who are actively looking out for great ideas and passionate managment teams. If you have a brilliant idea, no matter what your degree of preparedness is or your level of resources - Genius Incubator can help. Email us at finance@geniusincubator.com or talk to us to find out how we can help.
If you already have a Business Plan or need help with it, submit your idea here for feedback.