Got great biz plan in place. How do i get the financing to run the biz?
Iam a kenyan based in Kenya. I got this great business idea but would need a capital of about US $ 150,000. How can I go about in raising the capital? It is an area that has not been exploited and holds great potential especially in poverty eradication in certain farming communities in Kenya.
I also need to identify professionals in this field and would be glad to learn more.
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Well, if there’s one thing I’ve learned about investors, then it’s that I or YOU can think that you’ve got great business plan… but it actually wouldn’t matter much what we think unless…
1st. you can prove with facts and statistic and trend research or any other kind of research that you got a great business plan and it will be successful…
2nd. If you don’t have “testimonials” from other business owners or investors about your business plan (or how great is to work with you)… how can investor trust you?
3rd. The first 30 words must say it all and make them interested… (that is, your investor will not read more than first 30 words in order to find out - is it great idea or not).
4th. there are investors who will invest in business plans such as yours (there are investors who invest in that type of industry), do research and find out WHO are these people… they might not be in your state and not even your country…
5th. don’t be “average Joe”… do more and read this:
I hope it was helpful enough…