Tilted Forum Project Discussion Community - View Single Post - How would I Obtain Capital for Starting a Business

Rodney · 05-17-2006, 01:16 PM

I'd sell the house and contribute the money to your nascent partnership, up front. Selling expertise is great, but what really convinces people is a managing partner who's thrown a hunk of his own money into the venture already. "Well, he's got $75K in, I don't see why I shouldn't do $25K."

Other than that, I agree with everything that DDDave says, since he probably knows a lot more than me!

Oh yeah, and if in your prospecting ventures you run across a dentist, ask then to introduce you to other dentists. I don't know what it is with dentists, but they seem to have a lot of money to invest: in real estate, as angel investors, even in independent movies.

05-17-2006, 01:16 PM	#8 (permalink)
Rodney Observant Ruminant Location: Rich Wannabe Hippie Town	I'd sell the house and contribute the money to your nascent partnership, up front. Selling expertise is great, but what really convinces people is a managing partner who's thrown a hunk of his own money into the venture already. "Well, he's got $75K in, I don't see why I shouldn't do $25K." Other than that, I agree with everything that DDDave says, since he probably knows a lot more than me! Oh yeah, and if in your prospecting ventures you run across a dentist, ask then to introduce you to other dentists. I don't know what it is with dentists, but they seem to have a lot of money to invest: in real estate, as angel investors, even in independent movies. Last edited by Rodney; 05-17-2006 at 01:20 PM..