This is part one of a series we are doing on David vs. Goliath and battling giants. I will talk about how startups can compete against the FAANG companies and other major, well-funded, legacy competitors. The FAANG are Facebook FB, Amazon AMZN, Apple AAP, Netflix NFLX; and Alphabet/Google GOOG
The Original Story - David vs. Goliath
Here are some excerpts from the Samuel 17, just in case you are unfamiliar with the bible story of David and Goliath.
A champion named Goliath, who was from Gath, came out of the Philistine camp. His height was six cubits and a span [about 9 feet 9 inches]. He had a bronze helmet on his head and wore a coat of scale armor of bronze weighing five thousand shekels [about 125 pounds or about 58 kilograms]; 6 on his legs he wore bronze greaves, and a bronze javelin was slung on his back. His spear shaft was like a weaver’s rod, and its iron point weighed six hundred shekels [about 15 pounds or about 6.9 kilograms].
He [David] took his staff in his hand, chose five smooth stones from the stream, put them in the pouch of his shepherd’s bag and, with his sling in his hand, approached the Philistine.
Meanwhile, the Philistine, with his shield bearer in front of him, kept coming closer to David. He looked David over and saw that he was little more than a boy, glowing with health and handsome, and he despised him.
As the Philistine moved closer to attack him, David ran quickly toward the battle line to meet him. Reaching into his bag and taking out a stone, he slung it and struck the Philistine on the forehead. The stone sank into his forehead, and he fell facedown on the ground.
So David triumphed over the Philistine with a sling and a stone; without a sword in his hand he struck down the Philistine and killed him.
David ran and stood over him. He took hold of the Philistine’s sword and drew it from the sheath. After he killed him, he cut off his head with the sword.
In Malcolm Gladwell's book David and Goliath, Gladwell points out that giants are not what we think they are. The same qualities that appear to give them strength are often the sources of great weakness. And the fact of being an underdog can change people in ways that we often fail to appreciate.
Battling Giants - Lesson 1 - Target a Specific Niche
David was properly equipped to battle Goliath. He wore no armor and used a deadly projectile weapon. He was fast and mobile. Goliath wore heavy armor and held a heavy weapon. He was slow and immobile. He was well equipped to go into a war leading a massive army. But he was not prepared to battle with a fast, single sharpshooter. Goliath didn't stand a chance.
Battling modern day giants with virtually unlimited resources requires you to focus on a specific niche. Otherwise, your marketing costs alone will likely bury before you get started.
Amazon launched in 1995 as a website that only sold books, founder Jeff Bezos had a vision for the company's explosive growth and eCommerce domination. He knew from the very beginning that he wanted Amazon to be "an everything store."
In 1997, Reed Hastings founded Netflix, a DVD-by-mail rental service at the time, in part after being frustrated with a $40 late fee from Blockbuster.
Mark Zuckerberg competed with MySpace by focusing on students at Harvard.
Notice a pattern? All of these FAANG companies started by attacking a very specific niche. Niches may include:
-Type of service or a subset of a service, e.g. Uber for eats
-Specific attribute of an existing business model, e.g. Free delivery
-Geography, e.g. city or state
-Demographic, e.g. white females 25-35
-and more
Once you pick your specific niche, you can properly equip yourself for battle.
Disclaimer: This does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other product or service. We are not offering any legal, investment, tax, or medical advice. Please consult the appropriate professional before doing anything you learn from the content posted on any of our digital properties. All stories are based on true events, but are altered to protect the identity of the individuals involved.
How much volatility did your portfolio experience over the last few weeks?
Now is a great time to evaluate your investment strategy and consider angel investing. When comparing angel investing to other forms of investments, here are a few things to consider:
- Liquidity, Startups are typically not liquid compared to other investments. If you need your cash quickly, this is probably not a good option for you.
- Risk of Loss, When you invest in early-stage businesses, you can lose your entire investment. This is why experienced angel investors typically have a portfolio of startups.
- Impact of Global Events and Black Swans - This varies wildly, some startups benefit during changing times, others are destroyed.
- Control and Influence - Most founders welcome help from their investors.
- Potential for Extraordinarily High Returns - It is not outside the realm of possibility for a startup investment to produce an ROI of 10X, 100X, or even more.
Potential High Risks, Potential High Rewards
Let's assume a well-balanced portfolio of startup investments is targeted to yield of an IRR (internal rate of return) of 25%. This is a cash-on-cash return of approximately 3X over 5 years, 9X over 10 years. Again, obviously returns are never guaranteed and it is possible to lose all your investment.
Let's also assume you invest $5,000 and let it sit untouched for 30 years. There is a huge difference in your potential ROI:
Bank, 1% = $6,739
CDs, Money Markets, Bonds, 5% = $21,610
S&P 500, Large Cap Stocks, 10% = $87,000
Real Estate, 15% = $331,000
Angel Investments, 25% = $4 million
Here are some examples of unicorns and their returns:
$250,000 invested in Google in 1998, worth $1.6 billion in 2019
$10,000 investment in Uber in 2010, worth $127 million in 2015
$100 investment in Bitcoin in 2010, worth $28 million in 2017
My fear of missing out on these types of returns far outweighs my fear of loss.
Are you looking for funding for an idea or business, send us your stuff and we will take a look, Funding@OmegaSeedFund.com
Are you interested in investing time or money into any of our businesses, Invest@omegaseedfund.com
Are you interested in promoting your product or service to our audience, contact Opportunities@OmegaSeedFund.com
Disclaimer: This is only for informational and discussion purposes. This does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other product or service. We are not offering any legal, investment, tax, or medical advice.Please consult the appropriate professional before doing anything you learn from the content posted on any of our digital properties. Stories shared are mostly based on true events, but may be altered to protect the identity of the parties involved. Any numbers or figures are possibly estimates based on assumptions that may be proven to be inaccurate or subject to change.
Most investment advisors will tell you it is impossible to time the market.
The efficient market hypothesis states that all stocks are always perfectly priced because of the availability of information. Today, this is mostly because of the internet.
Are their investment deals out there?
Here are my thoughts.
-Real estate, based on my research, pricing has not been greatly affected yet. This may be due to a combination of the time-of-year and stimulus money. I think there will be some interesting real estate investment opportunities coming soon.
-Restaurants, I heard that anywhere from 10%-30% of restaurants are expected to close because of the Covid-19 quarantine. Once things return back to normal, it may be time to purchase one of these businesses if you dreamed about owning a restaurant.
-Sports and entertainment, I think it will be a while before any large groups of people pack into any close-quarter venue.
-Startups are being greatly impacted. Corona will likely serve a death blow to businesses already on the brink of failing.
One of the worst stories I have heard so far is from a company that raised over $300,000 from over 1,000 investors on a crowdfunding platform before Corona hit. Because of the impact of Covid-19 impact on this business, the crowdfunding platform refused to release the money and has suggested that they may have to give the money back.
The Good News?
Survivors will likely be rewarded by the elimination of competitors.
We are also promoting our White-Knight Accelerator to help good businesses that are being struggling because of Covid 19. Contact us today for more information or if you would like to be involved.
As always If you like this content, please share this with three friends and smash that like button.
Disclaimer: This does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other product or service. We are not offering any legal, investment, tax, or medical advice. Please consult the appropriate professional before doing anything you learn from the content posted on any of our digital properties. All stories are based on true events, but are altered to protect the identity of the individuals involved.
What do Starbucks, Twitter and Nintendo all have in common?
They all pivoted
-Starbucks started out selling espresso machines
-Twitter was a platform for finding podcasts
-Nintendo produced vacuum cleaners
Pivoting means changing your focus or strategy. There are a number of reasons to consider pivoting your business, including:
1. Introduction of new opportunities and restrictions: In today's Corona Virus environment, quarantine and stimulus money are two things that should be investigated. I
2. Pivoting can create opportunities to expand revenue.
Whether it’s exploring new markets, services or products, pivoting can help create opportunities to expand revenue. Research and analysis are key here.
3. It’s easier to stay relevant.
A services company may realize X service is no longer in demand, unlike Y service which is. Remember, business is about finding a need and filling it. Pivot toward the more relevant service.
4. Some of the best ideas come from testing different ideas.
I subscribe to the lean startup approach to building businesses. Entrepreneurs must investigate, experiment, test, and iterate as they develop.
5. It can reinvigorate the business.
Pivoting is a great way to bring new life to the business. All businesses must evolve if they want to stay current with their audience and competitive within their industry. Being stagnant is boring and uninspired.
One of the biggest competitive advantages for small businesses is the ability to pivot quickly. You need to be ready to do this early and often. The art of the pivot is knowing when to be persistent and when to pivot
- Persistent: Continue operating the current business model The art of the pivot is knowing when to be persistent and when to pivot
- Persistent: Continue operating the current business model
- Pivot: Abandon or pause the current business model to pursue new opportunities that may be better
Disclaimer: This does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other product or service. We are not offering any legal, investment, tax, or medical advice. Please consult the appropriate professional before doing anything you learn from the content posted on any of our digital properties. All stories are based on true events, but are altered to protect the identity of the individuals involved.
You have a better chance of dying in a car accident than catching the corona virus.
*The chance of dying in a car accident is 0.0167%
*Based on driving 10,000 miles.
*The chance of catching the corona virus is 0.01515%.
*That’s if we have 50,000 cases in the USA.
*There has been only 1600 cases in the USA so far.
…So that’s good news, right?
Everyone drives without worrying about dying. But based on the numbers: there’s a better chance you will die behind the wheel than the chance of you catching this corona virus.
If you do catch the corona virus, your chance of dying is less than 2.5%*.
So your chance of catching the corona virus and then actually dying from it is 0.000388%*.
To compare:
The chance of dying by getting struck by lightning is 0.00125%.
You are 3.2x more likely to get struck and killed by lightning than dying from the Coronavirus.
Thank you Alex Aleksandrovski Founder and CEO, Wooter for this information.
Are Lightning Strikes Really More Deadly than this Corona Virus? Update - 3/16/2020
As of today, there are 4,421 confirmed cases of this corona virus and 81 deaths in the United States. According to the National Weather Service, the U.S. has averaged 43 lightning fatalities per year. Based on that data, you are statistically more likely to die from this corona virus than from being struck by lightning. There are approximately 330,000,000 people in the U.S.
According to this data, there is a 0.0000130% chance of being struck by lightning in The U.S.
There is a 0.0000245% chance you will die of this corona virus in the United States.
Thank you Michael Andrews for bringing this to my attention.
Corona Virus Update - 3/17/2020
As of this morning, there are 4,510 confirmed cases of this corona virus and 87 deaths in the United States. Again, there are approximately 330,000,000 people in the U.S.
According to this data,
There is a 0.0013667% chance of catching this corona virus in the U.S.
There is a 0.0000264% chance you will die of this corona virus in the United States.
These numbers may go up, so we may periodically update this information as new data becomes available.
Corona Virus Update - 3/22/2020
27,000 confirmed cases of this corona virus and 354 deaths in the United States.
Some data for comparison purposes:
430 B.C.: Athens: As much as two-thirds of the population died.
1350: The Black Death: Responsible for the death of one-third of the world population.
1665: The Great Plague of London: deaths of 20 percent of London’s population
1918: Spanish Flu: 50 million deaths worldwide
1957: Asian flu: 1.1 million deaths globally, with 116,000 deaths in the United States.
1981: HIV/AIDS: 35 million people worldwide have died
2003: SARS: Infecting 8,096 people, with 774 deaths
Corona Virus Update - 4/10/2020
469,000 confirmed cases of this corona virus and 17,000 deaths in the United States.
21,500 confirmed cases of this corona virus and 1,076 deaths in Michigan.
330,000 million people in the United States, 10 million in Michigan.
676,000 confirmed cases of this corona virus and 35,000 deaths in the United States.
29,000 confirmed cases of this corona virus and 2,093 deaths in Michigan.
Corona Virus Update - 4/28/2020
1,035,000 confirmed cases of this corona virus and 59,000 deaths in the United States.
39,000 confirmed cases of this corona virus and 3,567 deaths in Michigan.
Corona Virus Update - 5/3/2020
1,188,000 confirmed cases of this corona virus and 69,000 deaths in the United States.
43,000 confirmed cases of this corona virus and 4,049 deaths in Michigan.
Corona Virus Update - 5/25/2020
1,678,000 confirmed cases of this corona virus and 98,000 deaths in the United States.
55,000 confirmed cases of this corona virus and 5,228 deaths in Michigan.
Corona Virus Update - 6/13/2020
2,117,000 confirmed cases of this corona virus and 117,000 deaths in the United States.
66,000 confirmed cases of this corona virus and 5,990 deaths in Michigan.
Corona Virus Update - 7/3/2020
2,837,000 confirmed cases of this corona virus and 131,000 deaths in the United States.
71,000 confirmed cases of this corona virus and 6,212 deaths in Michigan.
The Long-Term Damage Being Caused by the Corona Virus
I am deeply concerned about the long-term damage being caused by this corona virus. The stock market is experiencing a huge sell-off. Inflation is a serious concern. The unintended negative impact of regulatory policy surrounding the Corona Virus is also dangerous. Kids being forced to stay home from school. Sports seasons on every level being cancelled. Hourly workers being terminated or laid off.
Possibly the most damage is being inflicted on entrepreneurs and small business owners.
L.A. bars forced to close, restaurants go takeout-only. Mayor Eric Garcetti ordered bars to close and forced restaurants to halt dine-in service. Food and nightlife proprietors fear some establishments might not reopen.
The restrictions, announced by Garcetti in a Sunday night video news conference, went into effect at midnight and run through March 31. They also apply to movie theaters, gyms and fitness centers.
These type of regulatory actions can have a devastating impact on small businesses. Most restaurants are bars are small businesses. Restaurants are known for high overhead costs and relatively narrow margins. Chefs say an extended shutdown could have far-reaching consequences for the largest private-sector industry in the county, accounting for 355,540 jobs, according to a 2017 L.A. County Economic Development Corp. report. This is just in L.A. County.
If you shut down the main sources of revenue for these establishments, who is going to pay their bills? For how long? Again, restaurants are known for high overhead costs and relatively narrow margins.
This is happening across the United States.
What You Can do as an Entrepreneur or Small Business Owner
Raise capital early and often. Running out of cash is the #1 cause of business failure. This is why I preach the importance of raising capital. Entrepreneurs need cash to weather storms. In addition, equity capital is often not a loan, so this type of funding can come without interest or a defined payback schedule.
Innovate. Amazing businesses are born in tough times. Where are the opportunities? Where is the pain? Can you create a business to address that pain?
Review your insurance policies. You may be covered for some or all of your losses. Some policies include reimbursement for loss of income. This saved me and one of my businesses after a car ran into our office building!
Assistance. Federal, State, and Local governments often offer assistance to business owners in crisis. There are programs coming to assist those being impacted by the Corona Virus. President Trump signed a bill that allows the Small Business Administration to issue an estimated $7 billion in low-interest loans. The U.S. Small Business Administration announced on Thursday that small businesses with financial burdens caused by the pandemic and don't have credit available elsewhere can be eligible for loans of up to $2 million at 3.75%. Based on my research, your State Governor has to request these loans before they become available in your state. You can check the status here, https://disasterloan.sba.gov/ela/. As of this writing of this article, Oakland County, Michigan, has not requested access to these loans. Anyone connected with Governor Gretchen Whitmer may want to ask her when she plans on requesting these loans for Michigan businesses.
What You Can do as an Investor or Someone With a High Net Worth
Invest. There are massive opportunities for investing. Support the companies you already own and consider investing more into new opportunities. One of my favorite sayings is "You don't make money when you sell an investment, you make money when you buy your investment."
Hold. If you cannot justify investing new dollars, at least don't sell now. If you do, it will hurt everyone, including yourself. Buying stocks high and selling low is the opposite of a good investment strategy and it helps no one.
*Please read:
For healthy people, the chances of dying are even lower than 1%. Most common, you will feel symptoms similar to the flu and recover fully within 1-2 weeks.
But is very important to note: If you already have underlying conditions or serious ailments, such as an existing respiratory condition, then you can have fatal complications if you catch the corona virus. For these cases your chance of dying can be as high as 10%.
These conditions are rare but people do have them and for those people, they need to take the corona virus seriously. These same people must also consistently watch out for the influenza virus (better known as The Flu) as they can suffer fatal complications as well.
Additional Information: This information was received by me via email on 3/12/2020. Some of this information may have changed. In addition, none of the data in this article was verified me. Please contact me if you believe any of the information in this article is inaccurate.
Thank you again Alex Aleksandrovski Founder and CEO, Wooter for the email/data and www.videezy.com for the lightning video
Disclaimer: This does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other product or service. We are not offering any legal, investment, tax, or medical advice. Please consult the appropriate professional before doing anything you learn from the content posted on any of our digital properties. All stories are based on true events, but are altered to protect the identity of the individuals involved.
Is SEO dead? SEO, or Search Engine Optimization is the process of increasing the quality and quantity of website traffic by increasing the visibility of a website or a web page to users of a web search engine. SEO refers to the improvement of unpaid results and excludes direct traffic/visitors and the purchase of paid placement. Wikipedia
My google search of the term SEO this week shows 728 million results, so obviously it is a thing? But does it actually still work? I said still works because I know it worked in the past let me tell you a story
Before I wrote my book I had a radio show called the business reality network
On this show I discussed the realities of operating a successful business as opposed to the myths
Well one of my earlier listeners reached out to me and said he wanted to meet me
This kid comes out to my office, stereotypical programmer, and we start talking
He tells me that his dad is the head of marketing at one of the big four accounting firms and offers to show me how SEO works
I take him up on the offer, within a couple of weeks I am at least number 1 on google for some fairly-competitive keywords. Fairly competitive meaning there were over a million available search results and other companies were paying for ads targeting the keyword.
I say at least number one because often I would rank multiple times on the first page of a google search. Imagine googling a term like accounting services and see the same business ranked first, third, 4, 7! That was us! It cost me next to nothing!
That was over 10 years ago, today, I have not been able to come anywhere near those type of results using a SEO vendors. I believe most of it has to do with the updates to the Google algorithm. This type of results may not be possible anymore.
However, I know it worked in the past and I want to see if it will work again in the future. That is why I am putting out this challenge. Anyone that thinks they can show any type of measurable traction using SCO are welcome to participate in our SCO challenge. If you would like to participate in the seo challenge,
Please message me if you or your company would like to participate, just message me on any of my digital platforms to receive more information. The top performing participants will receive a ton of free promotion for me.
If none of the companies produce meaningful, measurable results, we will declare SEO dead and move on
Anyone that thinks they can show any type of measurable traction using SEO are welcome to participate in our SEO challenge. If you would like to participate in the SEO challenge, email me, info@OmegaAccelerator.com
Disclaimer: This does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other product or service. We are not offering any legal, investment, tax, or medical advice. Please consult the appropriate professional before doing anything you learn from the content posted on any of our digital properties. All stories are based on true events, but are altered to protect the identity of the individuals involved.
Previously, I talked about where to find your lead investor.
What works for me and what doesn't.
Today I’m talking about the biggest challenge you must overcome to find a lead investor
Picture this,
You have been stranded in a dessert for three days with a group of 100 people.
You are out of water and everyone is thirsty.
You finally come across a tent. In the tent there is a guy with water.
Unfortunately, this guy only has one glass of water.
He is willing to give this glass of water to one person.
Here is the challenge...
How are you going to get that glass of water?
This is the challenge you must overcome to find your lead investor.
The odds are tough. Less than 1% of business ever raise any outside capital.
There are specific tactics that I use to level the playing field offset this huge disadvantage. We will discuss some of those tactics in later videos.
Disclaimer: This does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other product or service. We are not offering any legal, investment, tax, or medical advice. Please consult the appropriate professional before doing anything you learn from the content posted on any of our digital properties. All stories are based on true events, but are altered to protect the identity of the individuals involved.
Royal Oak, Michigan
The exact location will be disclosed to our guests.
Date and Time
Thursday, March 5, 5:30 PM - 7:30 PM, Eastern Standard Time
Format
Casual, private networking event
Our Up Close and Personal pitch events are small, focused networking events designed to quickly build relationships between angel investors and entrepreneurs. There are no formal presentations. Meet, mingle, and watch magic happen.
Note: This is a private event. Space is extremely limited. The exact location will be disclosed to our guests.
Entrepreneurs - send us your 1-page executive summary today - Email funding@omegaaccelerator.com, Subject: Looking for Funding - Royal Oak Pitch Event
Sponsors - are you interested in supporting some of our red-hot business startups? - Email, info@OmegaAccelerator.com, Subject: Sponsor - Royal Oak Pitch Event
Disclaimer: This does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other product or service. We are not offering any legal, investment, tax, or medical advice. Please consult the appropriate professional before doing anything you learn from the content posted on any of our digital properties. All stories are based on true events, but are altered to protect the identity of the individuals involved.
All offers will be contingent upon passing our due diligence process.
“It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat.”
Theodore Roosevelt, Citizenship In a Republic
Are you an entrepreneur?
The term entrepreneur gets thrown around pretty freely these days. At the time of writing this article, there are 2,262,442 individuals that consider themselves an entrepreneur according to their Linkedin profile. But how do you know? How do you earn this title? Does working from home twice a week for a Fortune 500 Company make you the next Travis Kalanick? Let’s find out. Time to separate the wanntrepreneurs from those in the arena…
Quick Test
First, a quick test, since real entrepreneurs don’t have time to take the full test. If you answer any one of these questions correctly, congratulations, you are an entrepreneur. By the way, skip this section if you are being paid by your employer while taking this test… and subtract 5 points...
-You responded to a spam email, trying to sell the sender something
-You knew who Travis Kalanick was without googling him
-You started a business knowing you were 99% likely to lose money and fail, but did it anyways
-You have been threatened by someone that invested in one of your businesses
-You have been visited by an IRS agent at your office
-You signed a forbearance agreement from a bank
-You are familiar with the three comma club and you are working towards being a member
Note, if you were offended by any of those questions, you automatically failed the test. You may want to look into some MLM opportunities to get a taste of entrepreneurship.
Full Test
Now for the long-form test. Give yourself 1 point for every yes answer:
-Doing cools stuff and creating things is more important than making money
-Your fear of boredom outweighs your fear of economic loss
-You expect to invest time and MONEY when starting a business or joining a team of founders
-You have worked more than 30 days without getting paid
-You believe there is more risk in working for a single employer then relying on yourself for your income
-You have worked for 100% commission for at least 30 days as your single source of income
-You prefer to work on a 1099 basis
-You expect to be paid based on results, not based on how much time you spend
-You own any form of cryptocurrency
-You cannot imagine working without huge upside potential
-You don’t remember what it feels like to receive a steady paycheck or employee benefits
-You sold someone something while practicing your pitch
-You understand why blockchain, AI, and AR are exciting
Disclaimer: This does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other product or service. We are not offering any legal, investment, tax, or medical advice. Please consult the appropriate professional before doing anything you learn from the content posted on any of our digital properties. All stories are based on true events, but are altered to protect the identity of the individuals involved.
Are you interested in angel investing and helping us fund early-stage businesses? Email info@OmegaAccelerator.com to learn how you can help us host the event.
-The subject of your email needs to be “MFAS - Pre-Registration - Live Pitch Event - [YOUR NAME]" to avoid our spam filters.
-Your email must include your name, business name, phone number, business idea, and the date of the event you will attend.
-When you pre-register, you are welcome to send us supporting information about your business with your pre-registration email, e.g. website, social media links, videos, slide deck, business plan, projections, 1-page executive summary.
-We also accept video pitches, Click here to learn how to send us your pitch video
Ren Carlton has spent his career starting, growing, selling, and funding businesses. After graduating from Oakland University, Ren earned his CPA license and served as the CFO of a Tier 1 manufacturing company. His passion for business led him to leave his CFO position to pursue several entrepreneurial opportunities. Ren now actively funds, launches, grows, and sells businesses. One of his key business priorities is to encourage and help entrepreneurs pursue bold, fearless goals. Along the way, Ren hosted an award-winning business reality network radio show and wrote Profitpreneurship: Creating a Business that Produces Outstanding Financial Results.
Haroon’s reputation for business success has been earned the old-fashioned way: through hard work, recognizable results, and performance that consistently gives his clients a competitive advantage. Haroon specializes in Brokerage and Valuations for Mainstreet and Lower Middle Market companies. His company’s consulting division helps entrepreneurs develop exit strategies and get their businesses set up to be saleable so they can get the highest value in the market. He owns two successful companies of his own in the Automotive Industry. Additionally, he holds a Masters of Business Administration and also a Masters of Science in Finance.
Aurore is the founder of Health-Media Star, which creates unique branding platforms for healthcare companies. Services include copy-writing, journalistic SEO, major news network PR, internet shows, podcasting, video creation, website development, networking opportunities and social media (design and build). Aurore also speaks on a variety of topics: Easy Wellness Tips to Increase Immunity, Overcoming Addiction, Sensible Weight loss, Look Young and Feel Young: Anti-Aging. Aurore attended Clayton College of Natural Health and received a Bachelors of Science / Doctorate of Natural Health. Aurore studied Eastern Medicine, Nutrition, body mind. biology, structural therapy, wellness, alternative therapies, and pain relief.
Format
Founders that are invited to pitch at our event will have about a minute to setup. After delivering their 45 second pitch, we will ask clarifying questions. Then we will discuss the opportunity privately. After our discussion, we will invite the founder back and we may:
-Offer to invest
-Make strategic introduction(s)
-Offer to help find funding
Are you interested in marketing to our participants, audience, and network of over 20,000 funding sources and entrepreneurs? Email Info@omegaaccelerator.com for details
Disclaimer: This does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other product or service. We are not offering any legal, investment, tax, or medical advice. Please consult the appropriate professional before doing anything you learn from the content posted on any of our digital properties. All stories are based on true events, but are altered to protect the identity of the individuals involved.
All offers will be contingent upon passing our due diligence process.
Experts estimate that there are close to 4 million Angel Investors in the U.S. Angel Investors are everywhere. Friends, family, networking connections, and coworkers are all potential Angel Investors. Since Angel Investors need to have the money available to invest in your business, you probably want to target people with a high net worth. There are also a number of portals that may be able to help you find investors, e.g. Gust, Angels List.
Working with a placement agent or meeting someone through a warm introduction have been the most effective tactics for me. I have also met investors through networking events, social media, and golf. Below is some additional information about Angel Investors.
Entrepreneurs Become Angels
More than half of angels (54.8 percent) have experience as entrepreneurs and often advise the startups they invest in, informally or as board members. Angel investors with entrepreneurial experience write bigger checks, with an average of $39,000 vs. $28,000 for angels without entrepreneurial experience. They also have more companies in their angel portfolios and see better returns.
More Women are Becoming Angels
Women comprise 22 percent of angel investors in the study – and that number is growing. Among respondents who began investing since 2015, 30 percent are women. In comparison, studies have shown 5 to 8 percent of U.S venture capitalists are women.
Women Invest Differently than Men
51 percent of women respondents consider gender of business founders to be important when making investment decisions (compared to 6 percent of men). “This indicates that women are seeking to support women entrepreneurs,” says lead researcher Laura Huang. Another gender difference: twice as many women as men reported they strongly consider social impact of a startup when making investment decisions (33 percent for women vs. 16 percent for men). Both men and women angels agree that the quality of the founding team is the most important consideration when investing.
Eyes-Open Risk Takers
Angels said an average of 11 percent of their portfolio yielded a positive return. “That number is consistent with other studies that have shown 5 to 10 percent of angel investments yield a positive return for angels,” says Huang. “A deeper dive shows that where startups have been sold or gone public, 39 percent yielded positive returns for the angel investor.”
Do you need help finding an angel investor or accredited investor for your business? Contact us today, funding@omegaaccelerator.com
Are you interested in working with a placement agent to find the business that is right for you? Email us today to learn how we can help, info@OmegaAccelerator.com.
Disclaimer: This does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other product or service. We are not offering any legal, investment, tax, or medical advice. Please consult the appropriate professional before doing anything you learn from the content posted on any of our digital properties. All stories are based on true events, but are altered to protect the identity of the individuals involved.
Pitch your business ideas directly to angel investors! Ren Carlton will host the event.
Location
Incubizo
1938 Burdette
Ferndale, MI 48220
Date and Time
Wednesday, December 18, 2019, 1:00 PM-4:00 PM, Eastern Standard Time
Schedule
1:00 - Registration Opens
1:30 - 4:00 Pitches
This is an invitation-only event. If you would like to pitch your business, please send us your 45 second pitch video as soon as possible. Click here for instructions.
Ren Carlton has spent his career starting, growing, selling, and funding businesses. After graduating from Oakland University, Ren earned his CPA license and served as the CFO of a Tier 1 manufacturing company. His passion for business led him to leave his CFO position to pursue several entrepreneurial opportunities. Ren now actively funds, launches, grows, and sells businesses. One of his key business priorities is to encourage and help entrepreneurs pursue bold, fearless goals. Along the way, Ren hosted an award-winning business reality network radio show and wrote Profitpreneurship: Creating a Business that Produces Outstanding Financial Results.
Haroon’s reputation for business success has been earned the old-fashioned way: through hard work, recognizable results, and performance that consistently gives his clients a competitive advantage. Haroon specializes in Brokerage and Valuations for Mainstreet and Lower Middle Market companies. His company’s consulting division helps entrepreneurs develop exit strategies and get their businesses set up to be saleable so they can get the highest value in the market. He also owns two successful companies of his own in the Automotive Industry. Additionally, he holds a Masters of Business Administration and also a Masters of Science in Finance.
Aurore is the founder of Health-Media Star, which create unique branding platforms healthcare companies. Services include copy-writing, journalistic SEO, major news network PR, internet show, podcast, video, website development, networking opportunities and social media (design and build). Aurore also speaks on a variety of topics: Easy Wellness Tips to Increase Immunity, Overcoming Addiction, Sensible Weight loss, Look Young and Feel Young: Anti-Aging. Aurore attended Clayton College of Natural Health and received a Bachelors of Science / Doctorate of Natural Health. Aurore studied Eastern Medicine, Nutrition, body mind. biology, structural therapy, wellness, alternative therapies, and pain relief.
Send us your video today for a chance to find up to $5 Million of Funding from Angel Investors, funding@omegaaccelerator.com.
Format
Founders that are invited to pitch at our event will have about a minute to setup. After delivering their 45 second pitch, we will ask clarifying questions. Then we will discuss the opportunity privately. After our discussion we will invite the founder back and we may:
-Offer to invest
-Make strategic introduction(s)
-Offer to help find funding
-Other?
If you are unable to attend our live pitch event, we will review your video and follow the process remotely.
Pre-Registration - Reserve Your Spot Early to Receive Preferential Treatment
Are you interested in marketing to our participants, audience, and network of over 20,000 funding sources and entrepreneurs? Email Info@omegaaccelerator.com for details.
Disclaimer: This does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other product or service. We are not offering any legal, investment, tax, or medical advice. Please consult the appropriate professional before doing anything you learn from the content posted on any of our digital properties. All stories are based on true events, but are altered to protect the identity of the individuals involved.
All offers will be contingent upon passing our due diligence process.
I, Ren Carlton, offer one-on-one funding sessions to help you find the funding you need for your business. These funding sessions are typically done via phone or Skype. These sessions include:
-Reviewing your investment materials
-Listening to your pitch
-Evaluating the investment opportunity
-Providing candid feedback
-Offering advice on how to find funding
-Register you in our funding opportunities database, if applicable
I will also consider investing in your business.
Unlimited follow-up meetings
After our initial funding session, you can pitch me again in the future as many times as you want without additional cost until you find funding.
I charge $750 for this service.
100% satisfaction guaranteed or your money back
I also offer a 100% Money-Back Guarantee: If you are not completely satisfied, let me know within seven days of your evaluation and I will give a 100% refund.
Click Here to order your one-on-one funding session with me.
Are you interested in angel investing and helping us fund early-stage businesses? Email info@OmegaAccelerator.com.
Disclaimer: This does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other product or service. We are not offering any legal, investment, tax, or medical advice. Please consult the appropriate professional before doing anything you learn from the content posted on any of our digital properties. All stories are based on true events, but are altered to protect the identity of the individuals involved.
