Will you accept $50,000 in investment capital for 10% of your business?

There are thousands of businesses looking for investment capital today. Would your business be attractive to investors? Are you thinking about starting a business? Even if you are working for a company it’s healthy to think about them as your biggest customer. See yourself as being in business and it will open the door for extraordinary success. Incidentally, if you got $50,000 for 10% of your business that means the business is worth $500,000.

Episode #900 June 09, 2023

Hi this is Dan Miller – and yes you’re listening to the 48 Days Radio show – where each week we take 48 minutes to dive into real life questions about finding your passion, deciding what kind of life you want to live – and then finding or creating work that allows you to show up every day, excited to be able to do something that is meaningful, fulfilling – and profitable. This is where normal, indecision and ambiguity come to die. Welcome to the 48 Days Radio Show.

Questions:

Am I ready for investors?

The first thing to ask yourself is whether you actually have a business. If you walk out the door and the money stops coming in, you probably do not have a business. You can be an accomplished coach, artist, musician, accountant, attorney and not have a business. Robert Kiyosaki distinguishes between having a business and being self-employed. He says, being self-employed means you work for yourself. You are totally responsible for most of the work. So if you were to step away from the business, the money stops coming in. A business owner is someone who has created a system or a structure that operates independently of their direct daily involvement. The business can generate income even when the business owner is not present.

How do I present my idea to investors?

What are investors really looking for in an investment?

The Eagles Innovation Group looks for high-value opportunities — a physical product, educational model, franchisable ideas, new technology ideas, health and self help. Before providing investment capital, we look for

Two+ years in business operations
A solid foundation to prove a concept where there are already profits coming in
A very involved owner who has passion, compassion, family values, a pleasing personality, integrity, a heart of service, and a willingness to learn
A business opportunity that can be scaled and has no geographic boundaries
Something that has a unique value proposition
Loyal, current customers
Market potential

We don’t invest in ideas; we invest in ongoing business.

Which do I need more – investment capital or mentoring from experts?

Quotation:

[click_to_tweet tweet=”“Lack of money is no obstacle. Lack of an idea is an obstacle.’ — Ken Hakuta @48daysteam” quote=”“Lack of money is no obstacle. Lack of an idea is an obstacle.’ — Ken Hakuta “]

Resource:

FREE Masterclass: Is Your Business Investor-Ready? 3 Steps To Prepare Your Business for Investor Partnerships Thursday, June 15th at 7 PM CT SAVE YOUR SEAT HERE

Key Takeaways

1. There is potential investment capital available for businesses. 2. Even individuals currently working for a company should view themselves as self-employed. 3. Investors look for specific factors when considering whether to invest in a business 4. It is important for individuals to be adaptable to change, especially in today’s rapidly changing workforce.