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Thu 24 Apr 2014 03:16 PM

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Francine asks: How can I find the right investor for my start-up?

Hi Badr Jafar, I am a jewellery designer and I am searching for an investor, to invest in a jewellery manufacturing company, placed in Dublin, Ireland, because of corporate taxes. I have the designs to become one of the biggest competitors on the jewellery scenes, but I need assistance with the business aspect, until I can afford to hire a competent, management team. Do you think there is someone out there who would want to invest in my project and help built up the company, to garner its share of the world market? With my age and my discipline, I have the courage to start this venture. Sincerely, Francina Poulsen

Dear Francina,

 

First off, congratulations on having the courage and discipline to embark on this exciting journey of entrepreneurship. Regardless of the industry, I believe there are always potential investors for any startup, it’s just a matter of knowing where to find them.

 

In your case, and since you mentioned that you need support with the business side of the venture, you should probably be looking for a STRATEGIC investor. In addition to providing capital, such an investor would more importantly provide expert advice and access to networks in your specific industry. To do this, you need to start pitching your idea to anyone fitting this description that could potentially invest or connect you to someone who would.

 

You can grow your network through attending industry events, conferences, social gatherings, and anywhere you can find people that are interested in your idea or are running similar businesses. In the process, and until you find the right partner, you will receive valuable feedback that will help you tweak and adjust your concept to better suit any investor.

 

Best of luck,

Badr

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