Capital raises challenge a good initiative in space such as tax and favorable legislation of new incubators particularly high potential fund for smart capital. The major investor is quite risking and small number of investors in Australia prepared for six figure cheque back to start-up business. Investors are not going to lose their money by blue sky numbers and forecasts. You are building a billion dollar company before generated $1 and see eyes glaze over.
Believe in your business
First, you need a building and right opportunity put in your effort for business. The business plan gets IP registered, secure, then get your strategy and proof of life. Investors will prove a track record and 100percent focus on their business.
Get proof of life
To get proof of life is critical and they need a building business model can demonstrate profitably and revenues in the amount of time from 1 to 3 years.
Raise smart capital
Three purposes can bring an investor advisory board:
• Access to critical seed capital
• Talent and expertise
• Give sophisticated investor confidence in your venture.