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Is your idea worth a million dollars? It might be, but simply having the idea is not enough to get it funded and to reap the reward of your good idea. Many think it’s a matter of who you know.
 
 
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* Finance
* Education

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* Washington - District of Columbia - US

Aug. 12, 2011 - PRLog -- Is your idea worth a million dollars? It might be, but simply having the idea is not enough to get it funded and to reap the reward of your good idea. Many think it’s a matter of who you know. It certainly doesn’t hurt to have friends in high places, but that is not the case for most of the millions who start new businesses each year. Some believe in the storybook tale that a great idea will find its own way, that if you have a revolutionary idea you can just go to Wall Street, stalk a few investors, force them to listen to your incredible pitch, and before you know it they’re writing checks. Is that how it works? Sorry, but no. That’s Hollywood, not the real world.

To get funded, you need to submit a high quality business plan to an angel investor, a venture capital fund or a bank. Now that sounds pretty simple, right? Yet, still most people are unable to get their businesses funded. Why? Unfortunately, it’s not as simple as merely sending in a business plan. You need to know exactly what investors are looking for and you need to speak their language. This is more than a matter of going to some free website getting a business plan outline and filling in the blanks. You need to know exactly what they are looking for and what they use to determine if a prospective business will make them loads of money. Most companies that are funded are also typically shopped to investors by trusted groups who have already vetted the plans. Visit: www.youreinbusiness.com


Do you need help crystalizing your idea into a business? Do you want to be matched up with others to start a new business or buy a franchise? Do you need help writing a business plan? Do you need to get professional feedback to improve your plan and increase the likelihood that you will be funded? Do you need money to build your dream of financial independence? You need to join the NLS Business Network and enter the Million Dollar Idea Competition. This competition is not merely a search for a few outstanding ideas. It is a platform for many new businesses to get their jumpstart. It could be just the start that you need! Visit: www.youreinbusiness.com

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NLS provides early-stage companies with critical support services, which include consulting, access to capital, technical and business resources, and networking opportunities. We specialize in getting businesses the money they need to launch and expand.
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Source:Matt Mason
Email:***@thenuuz.com Email Verified
Phone:202 625 4343
Zip:20007
Tags:Money
Industry:Business, Finance, Education
Location:Washington - District of Columbia - United States
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