Angel investors are people who have a large amount of capital which they are willing to invest in entrepreneurial ventures. They are a good alternative for entrepreneurs who may not have a family or friend who can help fund their small business, but aren’t ready to approach a venture capitalist. Sometimes, angel investors work together in angel groups or networks.
Have a business idea but no capital to fund it? Angel investors may be the answer to your prayer. Angel investors are individuals (or sometimes, a network of individuals) who can infuse money into your business. Here are some ways to make an effective pitch to them. [Read more…]
Global commerce is a multi-billion dollar endeavor and it is growing every year. Decades ago, going into business in other countries is considered the exclusive domain of those who have extremely deep pockets or large-scale corporations. But with the business trends changing, it is now possible for those with more modest budgets to actually start businesses in other countries. [Read more…]
Ideally, you’re setting aside a part of your income for retirement. But is that money enough? Not many people factor in inflation—your money isn’t going to be worth as much 10 or 20 years down the road. And what if you live a particularly long life? That’s a good problem to have, but nobody wants to be 90 years old AND broke. Here are some ways to build a retirement fund that includes those factors—so you don’t just live longer, but live better. [Read more…]
You have a great business idea, and you know you can earn a tidy profit once it gets up and running. But here’s the dilemma: to start a business you need capital, and the only way you can get capital is from…the business.
The solution is to get the business off the ground, through partners or suppliers who are willing to trust and invest in your idea before the cash comes in. Here are some tips on how to tap your network, using the most powerful capital of all: relationships. [Read more…]