5 tips when seeking investment in your business

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In Australia, billions of dollars are invested in businesses each year from Angel Investors, Venture Capitalists, Personal Inverstors and more, so what can your business do to attract the right investors, and ensure future growth with valuable business expertise without having the public humiliation of appearing on Shark Tank?
 
Company director, business coach and author, Simone Milasas, who climbed out of $187,000 in debt and now turns over $1 million each year, shares her tips for getting in on the investor action, with her top tip being that you need to back yourself! 
 
“Don’t give away all the stock in your business just because you’re grateful for an investor coming on board. Acknowledge what you contribute to the business, from ideas to securing investors who believe in your vision.”

Simone’s 5 tips when seeking investment in your business:

#1. Spell out what they will get in return for their investment and when

Be clear on what you plan to achieve – What are you going to deliver and in what time frame? It is essential to be open to new possibilities showing up. A good leader will always know where they are heading and will listen to other people and be open to ideas to create different results and a greater outcome.

#2. Be willing to receive investment from everywhere and anywhere

Be willing to receive possibilities from places you never perceived possible. It’s amazing, if you’re actually willing to receive, where things can show up. At one stage I was $187,000 in debt and locked in a mindset where I kept ending up back in debt. It wasn’t until I changed my relationship with money and became comfortable with wealth, that money began to show up in weird and wonderful ways.

#3. Have fun

Just because you’re receiving investment, just because people are investing in you or your idea doesn’t mean that you have to stop having fun. What if this could actually create more fun in your life? What if the purpose of life and the purpose of business was, to have fun? Are you? Joy creates money, not the other way around!

#4. Don’t write your own business plans and projections

Enlist the help of a business expert for business plans and projections. Most of the time when you do it, you’ll end up writing out every detail of your whole business. Outsourcing to experts will help you put your best foot forward. 

#5. Identify that this is a risk investment

Is there risk? Absolutely. Every single investment is a risk. If it wasn’t a risk, everyone would do it, and everyone would be would be walking around with loads of money. Legal advice is a must. I usually request a one-page summary of everything that is required legally, and even bold that it is a risk investment. 

Simone Milasas is a dynamic business leader with a difference. She has founded and operated many businesses from a young age and always done business differently. Today, Milasas is a director of multiple companies.  As a mentor, Milasas specialises in enabling business owners to create businesses that operate from joy and she presents business programs internationally and online (http://www.accessjoyofbusiness.com)

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Simone Milasas is the Founder and Creator of Joy of Business as well as the Worldwide Coordinator of Access Consciousness® which operates in over 170 countries. Simone is the author of the internationally acclaimed book 'Joy of Business' (currently available in 11 languages) and is releasing her new book 'Getting Out of Debt Joyfully' in November 2016. Sign up for her 3-part free video series, Putting the Fun Back in Business by going to http://www.accessjoyofbusiness.com/fun