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How can I get an investor?


I have a great idea for something that is very much needed and in demand but its hard to find. I know I am on to something big but I only have the vision and the idea. I need someone willing to invest. How can I find an investor?

Edward, no that's not what I had in mind! I don't want to say too much but i will say that its in the wellness/health category and has nothing to do with excercise!

Although finding an investor seems hard, I was able to find one at the age of 17. If you can come up with a solid idea, and have it drawn out clearly, the investor will obviously be more willing to invest than if you don't. So, that being said, figure out the best way to communicate your idea to a potential investor, to make it seem most impressive and write out a business plan. There are corporations who specialize in investing in ideas, but no matter who you do it with, make sure you get them to sign a confidentiality agreement, so they don't reject you and walk off with your idea.

This next tip came from a really renowned business man who I happen to know.

If you seem so eager and have no doubt in your product an investor will not invest. If you tell an investor you are 100% sure this will work, they wont invest. If you say, "oh we lose overall at the end of the first year, but then profits will slowly begin to rise," then you're more likely to have someone buy into your idea. Investors are there for slow growth, they don't just pick one thing and hope for rapid rapid growth, because anything that can grow very rapidly can also fail rapidly. So, just come off as calm, collected, confident, yet realistic, and you'll find yourself at an advantage over others.

BE PREPARED - ALWAYS

look em up. it's not a pedal powered motor home or a video camera caddy for a golf cart is it.

If you really have a great idea, you could approach venture capital firms. (Go to a public library and a librarian can help you get a list of venture capital firms.) Venture capital firms provided the initial funding for Apple and Google.

You could also go to http://www.prosper.com This might be your best option.

You'll need to create a realistic business plan. Your projections need to be realistic.

Good luck.

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