A recent research based survey showed that the main reason why high-potential projects failed to take off was because of delays. The government is too busy to construct a fall back option in case recession strikes again. Also after the recent revelations of diplomatic cables by a whistle-blower website, the government is in damage control mode, working overtime to save its image in the international forum.
Some critics say that too much investment of time and energy in politics and diplomacy are hurting the nation as a whole. And in the meanwhile, ideas with good business potentials are not taken care of. This has aggravated the unemployment crisis that the country is going through; thankfully, because of some federal officials, SBA or the Small Business Association was setup to help young businesses and startups. It was just like the government had become the Venture Capitalist of sorts; we all know that the government cannot do whatever it wants to with the money of the people.
Funds and Source of Funds
Moving past what the government promises, venture capitalists, private investment firms have taken the initiative of funding businesses with good future prospects. Angel investors are such a breed of investors who are more ready than venture capitalists to put their money into your idea. This is really a big thing considering the fact that an outsider is willing to put their money; but of course, they have their interest in making their buck when your business starts running.
There are different ways of securing the funding from such investors, in case you get an appointment with them. It would be a better idea to find relatively new angel investors because they will be more ready to fund your business, just for the sake of making a mark in market with their investment firm. New angel investors will help you more than just by providingsee you funds since they also have an interest in your business so that it runs and they get their invested money back with the interest on the capital.
That means they will be eager to provide you with networking skills and contacts and THAT is sure to help you in the long run.
Fast-track your Idea
Fast tracking your idea should include networking with professionals who have a name in the investment world. Big investment companies are better equipped to handle financial setbacks; some even have insurance covers to protect themselves in case the business they funded, declares premature bankruptcy. Big investment firms, VCs and angel investors also mean a greater amount of funds that you can avail. The trick is to have multiple sources of funding because that is going to help you in launching different stages of your business.
It is any day better to get stage wise funding than getting all the funds at once because in sudden huge inflow of funds may make you a little wary of investing it in the business in stages. Investment in stages is always the preferred option to start, run and operate a business