There would be a few times when someone who knows how to think of something that may actually astound the world with his sort of creation. Now the problem here is that although there are many great ideas that never get materialized or documented because there are simply no funds to push through with it. Now if one has an idea that he would want materialized and would need 100 percent project funding, then he would need to convince investors to invest.
Now if one would want his little endeavor funded, then he would need an investor who is willing to put money in. It can be a single investor or a group of investors depending on how big this endeavor is going to be. So with that mindset, one must remember that he is dealing with big people here and needs to know how to please them.
Now before anything else, one has to make sure that he does this presentation well. He must choose a very nice medium presentation that will knock the socks of the investors off their feet. He can choose among a video presentation, a prezi presentation, or a powerpoint presentation.
When creating the presentation, one has to first show the big picture and what the finished product of his project is in order to impress the investors. From there, he will then show them the details on how it can be created. So the trick here is to first go for a big birds eye view, then slowly zoom into the details and work back to show how the end product was created.
Since money would be shelled out, one has to give the investors an idea as to how much. So the budgeting for the investors is extremely important because this is one of the things investors would really scrutinize. Investors would want to know for what exactly each dollar and cent would go to. Of course it would be common for there to be a lot of negotiations and scrutiny.
Now when this is finished, one has to then give the investors a little sweetener to seal the deal. Of course if one is an investor, he will definitely not do something without receiving something in return. So for example if the idea would be generating money, then the investors should get a slice of the profits as well.
Now if the venture is a social kind like a corporate social responsibility, then one can offer intangible benefits. This would mean media attention, publicity, and the like. Of course in order to do it, one has to make sure that he has some connections with media channels.
So for those who would want some funding, here are a few tips on how to seal the deal. Do remember that proposing an idea is not easy and it will take a lot of convincing to make the investors go ahead with the plan. Of course if one knows how to go about, then things will definitely go well.
Now if one would want his little endeavor funded, then he would need an investor who is willing to put money in. It can be a single investor or a group of investors depending on how big this endeavor is going to be. So with that mindset, one must remember that he is dealing with big people here and needs to know how to please them.
Now before anything else, one has to make sure that he does this presentation well. He must choose a very nice medium presentation that will knock the socks of the investors off their feet. He can choose among a video presentation, a prezi presentation, or a powerpoint presentation.
When creating the presentation, one has to first show the big picture and what the finished product of his project is in order to impress the investors. From there, he will then show them the details on how it can be created. So the trick here is to first go for a big birds eye view, then slowly zoom into the details and work back to show how the end product was created.
Since money would be shelled out, one has to give the investors an idea as to how much. So the budgeting for the investors is extremely important because this is one of the things investors would really scrutinize. Investors would want to know for what exactly each dollar and cent would go to. Of course it would be common for there to be a lot of negotiations and scrutiny.
Now when this is finished, one has to then give the investors a little sweetener to seal the deal. Of course if one is an investor, he will definitely not do something without receiving something in return. So for example if the idea would be generating money, then the investors should get a slice of the profits as well.
Now if the venture is a social kind like a corporate social responsibility, then one can offer intangible benefits. This would mean media attention, publicity, and the like. Of course in order to do it, one has to make sure that he has some connections with media channels.
So for those who would want some funding, here are a few tips on how to seal the deal. Do remember that proposing an idea is not easy and it will take a lot of convincing to make the investors go ahead with the plan. Of course if one knows how to go about, then things will definitely go well.
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