Have you got yourself a piece of the investment pie?

Published at Sep 23, 2016, in Knowledge Base

In Australia, billions of dollars are invested in businesses each year from Angel Investors, Venture Capitalists, Personal Investors and more*, so what can your business do to attract the right investors, and ensure future growth with valuable business expertise without having the public humiliation of appearing on Shark Tank?

Company director, business coach and author, Simone Milasas, shares her tips for getting in on the investor action, with her top tip being that you need to back yourself!

“Don’t give away all the stock in your business just because you’re grateful for an investor coming on board. Acknowledge what you contribute to the business, from ideas to securing investors who believe in your vision. Here are Simone’s 5 tips when seeking investment in your business:

#1 Spell out what they will get in return for their investment and when

Be clear on what you plan to achieve. What are you going to deliver and in what time frame? It is essential to be open to new possibilities showing up. A good leader will always know where they are heading and will listen to other people and be open to ideas to create different results and a greater outcome.

#2 Be willing to receive investment from everywhere and anywhere

Be willing to receive possibilities from places you never perceived possible. It’s amazing, if you’re actually willing to receive, where things can show up. At one stage I was $187,000 in debt and locked in a mindset where I kept ending up back in debt. It wasn’t until I changed my relationship with money and became comfortable with wealth, that money began to show up in weird and wonderful ways.

#3 Have fun

Just because you’re receiving investment, just because people are investing in you or your idea doesn’t mean that you have to stop having fun. What if this could actually create more fun in your life? What if the purpose of life and the purpose of business was, to have fun? Are you? Joy creates money, not the other way around!

#4 Don’t write your own business plans and projections

Enlist the help of a business expert for business plans and projections. Most of the time when you do it, you’ll end up writing out every detail of your whole business. Outsourcing to experts will help you put your best foot forward.

#5 Identify that this is a risk investment

Is there risk? Absolutely. Every single investment is a risk. If it wasn’t a risk, everyone would do it, and everyone would be would be walking around with loads of money. Legal advice is a must. I usually request a one-page summary of everything that is required legally, and even bold that it is a risk investment.

* http://www.industry.gov.au/innovation/reportsandstudies/Documents/BusinessAngelReport.pdf

S3 Consortium Pty Ltd (CAR No.433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. 296877). The information contained in this article is general information only. Any advice is general advice only. Neither your personal objectives, financial situation nor needs have been taken into consideration. Accordingly you should consider how appropriate the advice (if any) is to those objectives, financial situation and needs, before acting on the advice.

Conflict of Interest Notice

S3 Consortium Pty Ltd does and seeks to do business with companies featured in its articles. As a result, investors should be aware that the Firm may have a conflict of interest that could affect the objectivity of this article. Investors should consider this article as only a single factor in making any investment decision. The publishers of this article also wish to disclose that they may hold this stock in their portfolios and that any decision to purchase this stock should be done so after the purchaser has made their own inquires as to the validity of any information in this article.

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The information contained in this article is current at the finalised date. The information contained in this article is based on sources reasonably considered to be reliable by S3 Consortium Pty Ltd, and available in the public domain. No “insider information” is ever sourced, disclosed or used by S3 Consortium.

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