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Home About Us Investors Entrepreneurs Contact Us | ||||
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BRW Oct 16-22, 2008
8 May 2008 For immediate use
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19th April 2008 For immediate
use EXPERT HELPING SMEs TO BE
INVESTOR SAVVY
Small business investor
specialist and Director of Investor Funding, Theo Afkoudias, has created
an entrepreneur/investor matchmaking framework to educate aspiring
entrepreneurs on how to turn their business into an ‘investor
magnet.’ According to Theo Afkoudias,
starting up a new business is like beginning a new relationship. “Start out cautious, maintain
your confidence, be street smart, but at the same time, inject a level of
energy that creates a harmonious balance, then persevere,” he said. His ‘Has It Got Legs 11?’ is a
light-hearted adaptation of his 11 stringent small business investment
rules: 1. Pick Me Pick Me – Investors can’t be
sold or made to buy anything - the opportunity must compete on its own
merits. 2. Subprime Who? – An opportunity must
be considered in light of the current economic climate - it may no longer
be 'that' compelling. 3. Cuggi Shoes – Put yourself in the
investor’s shoes - if you had the money to buy cuggi shoes would you sink
it into your business - leave
it in the bank or buy more shoes. 4. Could You Hold The Risk For A
Second? – Are you personally risking anything in the venture? (But I’ve
put in $000s – and that is the investors concern
because?) 5. Out To Lunch - Who's Running The
Shop? - Are you and your mates the best people to be on the Board? 6. Shares Are Your New Currency – Use
it to attract the right people. 7. Til Death Do Us Part? – Do you have
a realistic exit strategy? 8. It’s Going To Be Worth Millions...
I Can Just Feel It – Shelve the psychics and have the projected cash flows
and firm assumptions – show me the money. 9. You Want How Much? – Provide a
business valuation to justify the amount you’re asking for against the
amount of equity you’re offering. 10. My Weakness Is l Like Chocolate – Know
your weaknesses and address them with a strategy prior to approaching
investors. 11. Only A Mother Could Love It – Get
non-related third party opinions from prospective customers and partners
on your business and product.
Established in 2006,
www.investorfunding.com.au is a down to earth provider of SME fund-raising
intelligence and services in Australia. A good analogy for what we do is
turning beat up old bongo vans into the shiny new convertable mercedes
that all investors can’t live without. Ends. For further
information: Diane
Falzon Publicity Queen Mb 0430 59 66
99
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