How can I find an investor for my fashion line that is willing to pay for everything?
Posted by admin in Finance Thursday, 9 December 2010 02:54 2 Comments
My name is David Davis, Jr. and I am starting my own fashion line. I would like to know where can I find investors that would help me with funding for the startup. I need commercial real estate technology resources, money for manufacturing and much more. My business plan is ready for an investor. My entire plan is ready for an investor. I live in Houston, Texas. However, I would need an investor from a pretty reputable source. Anybody I am prepared for business.
First off, don’t advertise yourself here. No one omes to Yahoo Answers looking to do business with fashion. Second, get out of Houston and go to San Antonio.
Talk to venture capitalists. It’s a long, tedious process that’s basically the social equivalent of turning people upside down and shaking them so the change falls out of their pockets. The chances that you’ll find one person willing to put up all the money is very low, especially if this is your first business, so talk to as many people as you can and ask them to refer you to others who might be interested. When someone turns you down, ask them why or if there’s anything you could do to change your mind. Almost no one is lucky right away, so just keep chugging away if you really want it.