The Most Common Mistake Founders Make When Raising Money - Friction-Less Fundraising - Ren Carlton

If you have been following me for a while, you may remember my story about the guy in the desert,

As you probably already know, raising money can be tough. Investment dollars are are limited and less than 1% of small businesses successfully raise capital.

Let's talk about how you can beat the odds and find funding

Frictionless Fundraising

One of my main priorities when raising money is to make it as simple as possible. We call it Frictionless Fundraising. How can I make it very easy for someone to invest in my business?

The Most Common Mistake Founders Make When Raising Money

Around 20% of founders ask me to sign an NDA when I am evaluating their business for investment. A non-disclosure agreement (NDA), also known as a confidentiality agreement (CA), confidential disclosure agreement (CDA), proprietary information agreement (PIA) or secrecy agreement (SA), is a legal contract between at least two parties that outlines confidential material, knowledge, or information that the parties wish to share with one another for certain purposes, but wish to restrict access to. 

Founders frequently ask potential investors to sign an NDA before sharing some or all of the information that is available about their business. I think this is often a bad idea.

Reasons Why We Will Not Sign Your NDA

-We have thousands of other investment options.
-We don't have time to read your NDA.
-How can we promote you to other investors if we cannot talk about your idea?
-What if we are already working on a similar idea with another group?
-What if we receive a similar idea in the future?
-If secrecy is the only thing special about your business we are not interested anyways. Build your moat...
-You probably don't have the funding to protect your idea.

-You may not be able to legally protect your idea.

Ideas are a dime-a-dozen in the information age. Structure, process, and execution is what creates entrepreneurial success. Adding an additional layer of complexity to your search for investors is not a good idea.

Ways to Make It Easier for Angel Investors to Invest in Your Business

-Have basic information ready to send.
-Answer questions pleasantly.
-Don't answer questions with questions.
-Don't ask too many questions.

Are you looking for investors for your business? Contact us today, funding@omegaaccelerator.com

Are you interested in angel investing and helping us fund early-stage businesses? Email info@OmegaAccelerator.com

Click here if you would like me to personally consider investing in your business. If I do not personally invest, I will give you specific tips for finding funding for your business. 100% satisfaction guaranteed or your money back.  https://rencarlton.blogspot.com/2019/09/funding-session-with-ren-carlton.html

Sources and Links:
https://en.wikipedia.org/wiki/Non-disclosure_agreementhttps://en.wikipedia.org/wiki/Non-disclosure_agreement
https://www.linkedin.com/in/rencarlton
https://rencarlton.blogspot.com
https://twitter.com/RenCarlton
https://www.youtube.com/channel/UCmxQWgUDlPJo0IHCIa6SzrQ
https://omegalegacyacceleratorx.com/924-2/https://www.facebook.com/TheOmegaAccelerator/
https://www.instagram.com/omega.funding/
https://rencarlton.blogspot.com/2019/09/funding-session-with-ren-carlton.html



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.

Live Pitch Event - Ferndale, Michigan - Money for a Startup - Find up to $5 Million of Funding from Angel Investors - Ren Carlton

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.

Meet our Hosts

Ren Carlton

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 Bhatti MBA/MSF

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 Henze, ND

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

-Email us Ideas@moneyforastartup.com
-We ask that you use the following email subject line to avoid our spam filters, “MFAS - Pre-Registration - Live Pitch Event - [INSERT YOUR NAME HERE]" to avoid our spam filters.
-Click here for more information about how to send us a winning pitch video

Are you an investor or entrepreneur interested in helping us host a live pitch event?  Click here for more information.

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. 

Sources
https://www.linkedin.com/in/rencarlton 
https://rencarlton.blogspot.com
https://twitter.com/RenCarlton

https://www.youtube.com/channel/UCmxQWgUDlPJo0IHCIa6SzrQ
https://omegaaccelerator.com/

https://www.facebook.com/TheOmegaAccelerator/
https://www.instagram.com/omega.funding/
https://rencarlton.blogspot.com/2019/09/funding-session-with-ren-carlton.html



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.