As we approach the end of another year, are some of you wondering (like I am) where did the year go? Are you wondering another year has passed and I am still trying to figure out how to get it started. Outside of taking a leap of faith, here are some suggestions that I found helpful to Get Moving…
I figure there are those of you that are still trying to get it started, so I have compiled a list of helpful hints that I found to help you get to the next level in your life. I am sure you have all these ideas, but without capital, (which can be very important in getting a business started), our ideas just sit in the corner of a room waiting for the light to come on Here are two paraphrased points for raising capital that I found on Black Enterprise – Wealth for Life.
1. Be Pitch Perfect
Prepare a well-considered presentation that appeals to multiple personalities. Investing in a class to amp up your ability to design your PowerPoint would be helpful.
2. Get Your Books in Order
Nothing will torpedo a deal faster than poor accounting practices. You can do everything else right, but if your financials aren’t in shape, no reputable investor will want to put money into your company.
3. Start Networking
The Pipeline Angels Network is a resource for women angels investing in women-owned businesses and non-binary femme entrepreneurs. Angel List is a website for connecting startups and angel investors. – Black Enterprise online magazine
4. Startup Competitions
One of the best ways to test your skill is to enter in a startup competition. Of course, Black Enterprise has its own Elevator Pitch Competition at the upcoming Entrepreneurs Summit, awarding $10,000 to the first-place winner. But you can also eye other cash prizes across the nation like the FedEx Small Business Contest, which each year awards grants of $25,000. The Miller Lite Tap The Future Business Plan Competition provides a top prize at $200,000. – Black Enterprise online magazine
So let’s be empowered to help one another out and make 2017 the year to make a difference and improve our lives.