How to Find Investors for Your Business: The BEST Strategies to Attract Investors in 2024!

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In this video, Evan Carmichael dives deep into the pressing question asked by a viewer named Summer: "How can I find investors to invest in my business?" Evan provides a thorough explanation, starting with the concept of "love money," where entrepreneurs seek investments up to $50,000 from friends and family, emphasizing the importance of expanding one's network beyond immediate connections to include former classmates, committee members, or sports teammates.

Evan then discusses options for those needing more substantial investments, ranging from $50,000 to $500,000, where angel investors come into play. He describes angel investors as wealthy individuals often looking for opportunities to diversify their income, including professionals like doctors or dentists with disposable income. These investors typically seek a 30% return annually and aim to exit within 8 years. He also touches on venture capitalists, noting that they are interested in businesses requiring significant funds, starting at half a million dollars, but expect rapid growth and clear exit strategies.

Towards the end of the video, Evan advises against raising money during the initial stages of a business due to the high risks and significant equity losses involved. He encourages entrepreneurs to start small, focus on customer-based growth, and consider raising expansion capital when the business model is proven successful. This approach minimizes the dilution of ownership and ensures a more sustainable growth trajectory.

Help me caption & translate this video!

Summer:
"Thank you very much for Video, that was awesome. I am short in budget to create my online store and other things, and for that i ahve question for you help, how can i find investor to invest in my business?"

Help us caption & translate this video!

[HM-wcyp]

Absolutely Right !!! Already raised a $200K series-A funding for my 2 year old startup... Now looking for the next round of growth funding...

[basictechinformationservic]

Again, more great advice. It is definately wise to start your business with disposable income. That way if it does not work out, at least you do not owe anyione anything. Word of warning to those who want to start a business online. It is extremely competitive, and you are competing with ppl out there that have established an online business, and a lot of them have deep pockets for advertising.

[IsmailKonate]

Thanks for the video, I was really thinking about the best way to finance my new project. My partner and I did with our own money, instead of selling the idea. To start with our own money and try to find customers seems to be the best way. Then we will have the skill to solve problems when bad times will come.

[sashamesser]

very real advise. that's what I would recommend my clients. the biggest conclusion is that a person, starting his/her new business, has to test the water by him/herself before ask other people to invest. takes time... but if you believe in your idea, you are the best person to prove it. Once you see the results, it would be much easier to find investors for expansion, if you would need them... but video is great. I put my "like"

[Zo-hcfn]

I am thinking about a new type of restaurants : eating-spots,
in eating-spots, food keeps changing, chefs also rotate,
this is opposed to current restaurants,
thanks to this rotation of food and chefs, eating-spots are way more powerful than restaurants,
along with that, there is an app
people vote for the food that will be cooked in the next days,
menu is influenced by the live input of the people via an app,

[Dino-Es]

This is the best suggestion in starting a business that I ever heard in my life, keep on going my mate. you are my saviour

[mmamostwanted]

Thank you Evan Charmichael for the conversation off! Great video! We're trying to understand the responsibilities of accepting different types investors / partner / silent partner other than roi.

[mvallify]

Thank you so much for doing this video. Although it has been done some time ago. Your advice here is well appreciated and relevant. I am in business for a few years now and need to take it to another level and didn't know the first thing about looking for investors, and offering incentives without giving up too much of my business. What should I do?

[LeshemPetersen]

I'm really in a dark space right now regarding opportunity and the finance to render the services presented by the opportunity. History has done its work on my personal profile and its tainted. The advice at the end is priceless and appreciated. Every situation is different and I have come to learn that I would rather earn 50-70% of something than 100% of nothing. Not all solutions to our client's problems are solved with down payments, especially dealing with corporate clients and purchase orders.

[mattoba]

I like that your advise "Start small" I totally agreed.

[hananmohammed]

Just got my business license today 6th August 2021 😌🙌🏼 you said exactly what I told myself 💕🙏🏻 thank #millionairemindset

[RosinesCloset]

I have a company that doesn't need a customer; it requires a business to work with, I feel like my only option is getting investors to invest in my company for the start-up, or I can do it's and takes going to take me three years just to save up and launch my business. What should I do?

[iamksmith]

This is a nice video for a smaller start up but what about something that will take a lot of capital? Unless you're already rich then you NEED to go out and raise money. That's just the realistic way of doing it.
Not everyone has 30k to throw down on a start up. That would take years to save

[kennethjohnson]

Good day iam Kenneth Johnson and have no money to start up my business don't have clients as well but I like what u said go and get clients

[estephanievelasquez]

Thank you so much for this analysis and your recommendations, it's always awesome to listen to someone who knows what they're talking about. Love your videos <3

[peeyasaysyes]

I have opened a Language School. We are already running out of funds and I am thinking of having a loan or maybe have an investor. Thanks a lot for this video. I feel that my business will get thru.

[forbiddenaryan]

Thank You! I agree with your advice. Today, in india, every one wants to do business most of them choose to store money instead of growing, developing or enhancing what they are thinking to do. So, I would like to meet you or talk to you in brief

[Technozak]

thanks, this is my way of doing business.

[shinehillsanimation]

That's precious information, Thank you for this new information Mr . Evan !

[rayjaglanton]

What if the only way you gone get the money to grow... is to start your business...how are you gonna start your business if you need the money to grow your business..9 times outta of 10 anybody looking for investors all ready know the consequences....to pay these investors back or not have anybody name on your company..is to have a idea so great it'll never die...you love it you work it..your business helps humanity...you happily pay the people God sent to help you...back...do you want it or you don't....I think i DO...😊 I'm willing to keep my promises to me pass my death...what that tell you...don't worry bout who you gone owe, do you want 💯