Last Blogger

Sponsored

While some money earning ventures have humble beginnings, others start with a bang. In either case, both will eventually need money to grow. That’s when people normally turn to venture capitalists. These are people or groups who will have a large sum of money to invest and will invest in companies that need cash in exchange for a percentage of their company.

Obviously handing over a pile of cash in exchange for a percentage of a company that hasn’t started yet or is struggling to grow isn’t done without some convincing. That means that you have to meet with VCs and pitch your business plan, objectives, timelines to profitability, etc… If you don’t have a good pitch, they’re going to pass. Worse yet though, even if you have a good pitch, they might be the wrong VCs. You see all VCs tend to specialize in certain industry segments where they have expertise. By doing this, they begin to minimize some of the risk since the industry experience they bring to the table will help them avoid some of the more lofty plans.

As you can imagine, these people are busy people. When you’re known as someone who might give people money, your appointment book tends to stay fairly packed. It also goes without saying that there are VCs everywhere and traveling to see them all is rarely practical. To try and help with this situation RaisCapital.com is trying to make it easier for small to medium sized business owners to raise venture capital funding. Their approach is simple. Take the power of the Internet as demonstrated by social media and exploit some of those features to help connect investors with business owners.

You do this by putting together your pitch. You put your best foot forward with as much or as little detail as you want. Some business ideas require confidentiality and investors understand this. Even in those cases though, you’ll need to sell something to them to try and get some funding. Once your pitch has been put together, it’s released to the investors and they get to browse through and see which ones they like and which ones they don’t. That means that while you may need to put more effort into building an effective online pitch, it will be worth it because of the “facetime” that you’ll get with all of the potential investors. They will all be exposed to your idea and if it’s a good one, you’ll have a shot at getting the money you need to get your idea off the ground.

If you’re still not convinced that this is a good way to raise venture capital for the little guy, go check out their FAQ section where they answer many common questions including a few of the ones I had So if all you need to get your next great idea off the ground is some money, RaiseCapital.com may be just the ticket for you.