What is a Tagline? Win $100 plus an invitation to our exclusive pre-launch party for the Omega Destiny Accelerator - Happy Friday Funday!

Every good entrepreneur know the importance of market testing.

Next week we are market testing taglines for the new Omega Destiny Accelerator and we want your ideas. We will be selecting our three favorite ideas for taglines on Monday. If your tagline is selected and outperforms the other taglines in our market testing, you win $100. The winner will also receive an invitation to our exclusive pre-launch party on Thursday, March 5!

Ideas will be accepted via email or direct messaging until 3 PM on Monday, March 2, 2020, Eastern Standard Time. Email your ideas to info@omegaaccelerator.com or direct message Ren Carlton on social media.

If two people submit the same idea, the first person that messaged me their idea wins.

Send your ideas early and often, enter as many times as you wish.

What is a Tagline?

A Tagline describe the company in 50 characters or less
Simple English, no marketing jargon. It should provide a compelling sense of what we are doing and make people want to ask "How are you going to do that’.

The tagline should focus on a pain point of our customer, not necessarily the solution we are providing. The tagline needs to focus on something people will want.

Tips:

Keep it simple! “Press a button and a car comes to you in minutes.” That was 49 characters with the period and very few people will come away from that with radically different ideas. They may differ on its ultimate potential or possibilities but they will understand what your product does from day one. You need to survive day one to get to day two.

Another example, marketplace to hire professional service providers.

Omega Destiny Accelerator

Omega Destiny Accelerator developed a new model of Startup funding. We enroll a large number of Startups, groom them for funding, then market them to sponsors using a draft. The Startups that are drafted by Sponsors receive a small amount of direct funding. Majority of the sponsor dollars are used to aggressively market the drafted Startups for additional funding. But Omega does not end when the Startups are funded. We continue to help the Startups for the life of the company.

What

Sponsors earn equity and fees by supporting their favorite Business Startups. During draft week, Sponsors receive information about that month’s cohort of Business Startups. Sponsors will select their favorite Business Startups. We use our Draft Algorithm to award Business Startups to Sponsors. 

Why

-Angel Investing has massive return potential

-All of our companies are pre-screened, monitored, and advised by our team 

Who 

Omega Accelerator Collective, led by Ren Carlton 

How

-Purchase a sponsorship package

-Choose the Startups you like during a draft week

-You are awarded a Startup through our Draft Algorithm 

-As your Startup meets funding targets, you receive fees and equity 

-You also receive matching equity in Omega Destiny Accelerator, so if your business fails you still have equity in all the other Startups

Where
Virtual, you can participate anywhere remotely

When
Sponsorship packages are now available, please message us for additional information, info@omegaaccelerator.com

Investor Status Privileges

-Draft Priority

-Higher Equity Match Multiplier

-Advisory position preference

Equity Kicker Multiplier: Please request additional information

Why - 3 more reasons to sponsor startups

-$250,000 invested in Google in 1998 = $1.6 billion in 2019

-$10,000 investment in Uber in 2010 = $127 million in 2015

-$100 investment in Bitcoin in 2010 = $28 million in 2017

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. 

Sources
https://medium.com/@zreitano/the-yc-application-broken-down-and-translated-e4c0f5235081
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.



All offers will be contingent upon passing our due diligence process.

Live Pitch Event - Up Close and Personal - Royal Oak, Michigan - Money for a Startup - Find up to $5 Million of Funding from Angel Investors - Ren Carlton

Pitch Your Business to Angel Investors!

Location

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.

Attendees Will Include

\

Join Us!

Investors - Email, info@OmegaAccelerator.com, subject: Investor - Royal Oak Pitch Event

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

Sources

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.

All offers will be contingent upon passing our due diligence process.

Are you an entrepreneur? Take Ren Carlton’s test and find out!

“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

How did you do?

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. 

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.

Superbowl 2020 - Making Money as an Angel Investor, Valuing Angel Investment Opportunities, and the San Francisco 49ers

Superbowl 2020 brought us Kansas City Chiefs vs. San Francisco 49ers, Hummer EV vs. Genesis SUV, Jennifer Lopez with Shakira, and Tom Brady vs. potential retirement. It also brought us some interesting facts for angel investors and valuing angel investment opportunities.  

Angel Investors, Valuing Angel Investment Opportunities, and the San Francisco 49ers 

The York family bought the San Francisco 49ers in 1977 for $17 million. Forbes estimates the 49ers’ value at $3.5 billion, making it one of the 10 most valuable sports teams in the world. The San Francisco 49ers have not won a Super Bowl since 1995.

Why is this business so valuable? 

The NFL has 32 teams. Every team gets an equal cut of the national revenue that includes money from TV rights, sponsorship, licensing, and merchandise sales. It doesn’t matter how many games each team wins or loses. National revenue is estimated to be more than $8 billion, with each team receiving more than $250 million. This is on top of local revenues, including ticket sales.

These teams obviously have expenses. Player salaries are probably the biggest expense. For the 2019 season, there was a salary cap of $188 million per team, and owners have to spend at least $167.5 million. 

How do we get to a $3.5 billion value?

Calculating a reasonable price, or valuation, for a business can be a challenge for angel investors. Notice I stated that the angel investor should be determining the price. This is the opposite of how most angel investment transactions are taking place. Early-stage businesses typically establish the value and sales price. Some avoid the valuation discussion by delaying the conversation until later using a SAFE note. 

However, angel investors are the ones in control. I estimated there are approximately 30 million angel investment opportunities, but less than 1 million active angel investors. The 21st Century version of the Golden Rule applies here… He (or she) who has the gold, rules…. 

There is no “one size fits all” approach to determining the value of a startup. However, there is a wealth of ideas on how to accomplish this, thanks to a wide array of methodologies created by experienced entrepreneurs and angel investors. It makes sense to consider the most credible methods and define your own approach to valuation. Here are the methods I consider.

Scorecard Valuation Method

The Scorecard Valuation method, created by Bill Payne, is one of the most popular methodologies used by angels. This method compares the startup seeking funding to other funded startups by creating an average valuation based on factors that include region, market, and stage. 

The purpose of Scorecard Valuation is to compare the startup to the perception of other startups within the same region. Payne recommends using these factors:

Strength of the Founder(s) (0–30%)

Size of the Opportunity (0–25%)

Product/Technology (0–15%)

Competitive Environment (0–10%)

Marketing/Sales Channels/Partnerships (0–10%)

Need for Additional Investment (0–5%)

Other (0–5%)

Berkus Method

The Berkus Method was developed by super angel investor David Berkus. His approach assigns a number, a financial valuation, to each major element of risk faced by all young companies and credits the entrepreneur some basic value for the quality and potential of their business idea.

The Berkus Method uses five qualitative and quantitative factors to calculate valuation: 

Sound Idea (basic value)

Prototype (reduces technology risk)

Quality Management Team (reduces execution risk)

Strategic Relationships (reduces market risk)

Product Rollout or Sales (reduces production risk)

The Berkus Method also assigns a monetary value to each factor. The maximum value that can be assigned to each factor is $500K, meaning that the pre-money valuation can total up to $2.5M. Berkus sets the “hurdle” number at $25M, achieved in the fifth year in business, to allow the investment to achieve a ten-times increase in value over its life.

Market Multiple 

This approach is popular with venture capitalists because it gives them a good indication of what the market is willing to pay for a company. The market multiple approach values the company against recent acquisitions of similar companies in the market.

While most established corporations are valued based on earnings, the value of startups is commonly determined based on revenue multiples. Placing a value on young companies requires extensive forecasting to assess what the sales or earnings of the business will be once it reaches maturity. 

The intent of the market multiple approach is to deliver value estimates that come close to what investors are willing to pay. The challenge is that comparable market transactions can be difficult to find, especially in the startup market. Companies that often represent the closest comparisons are early stage, unlisted companies. 

Development Stage Valuation 

The development stage valuation approach is often used by angel investors and venture capital firms to generate a rough range of company value. Investors set these values based on their experience and values vary depending on the company’s stage of development. The further the company has progressed along the development pathway, the lower the company's risk and the higher its value. Here’s an example of a valuation-by-stage model: 

Estimated Company Value Stage of Development

$250,000 - $500,000 The business idea or business plan exists

$500,000 - $1 million The management team is in place to execute the plan

$1 million – $2 million A final product or technology prototype has been developed

$2 million – $5 million Strategic alliances, partners or customers are in place

$5 million and up Revenue growth and a pathway to profitability is imminent

Oftentimes, private equity firms will create milestones for providing additional funding. For example, the first round of financing may be dedicated to employee wages while a subsequent round of funding is designated to mass produce and market the product or service. 

Conclusion

The startup valuation process is as much art as it is science. Determining the value of a young company is challenging because the factors contributing to success are uncertain. The good news is that the startup community offers many talented and well-established investors who have accumulated very valuable experience and are willing to share their knowledge. New angel investors will benefit from doing their research and listening to the more experienced investors they meet along the journey. 

Contact Info@omegaaccelerator.com if you are interested in making angel investments.

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

Sources:

http://freakonomics.com/podcast/sports-ep-2-update/

https://medium.com/humble-ventures/3-ways-angel-investors-value-pre-revenue-startups-ee05c81c6d80

https://www.investopedia.com/articles/financial-theory/11/valuing-startup-ventures.asp

http://blog.gust.com/valuations-101-scorecard-valuation-methodology/

https://rencarlton.blogspot.com

https://twitter.com/RenCarlton

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

https://omegalegacyacceleratorx.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, or tax advice.  All stories are based on true events, but are significantly altered to protect the identity of the individuals involved.

New Opportunities for 2020 - Launch Announcement and Omega Accelerator Update

We are excited to announce a number of exciting new opportunities for 2020!

2019 Update - Omega Legacy Accelerator X

In 2019 we launched Omega Legacy Accelerator X. Our 2020 goal is to enroll another 100 companies into this accelerator. You can learn more by visiting https://omegalegacyacceleratorx.com/.

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

New Opportunity - Ecommerce Business Accelerator

Here is your chance to live the entrepreneurial life and get in on the ground floor of our next accelerator. We are looking for founders for our new Ecommerce Business Accelerator. We have remote, part-time positions with flexible working hours available. Email Opportunities@omegaaccelerator.com to learn more.

Are interested in a passive investments? Omega Legacy Accelerator X is preparing for its next round of growth. Email info@omegaaccelerator.com to learn more.

Sponsors interested in reaching our network of over 20,000 entrepreneurs and funding sources can email info@omegaaccelerator.com.

Sources
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.

How to Screen Potential Angel Investments - Ren Carlton Investment Criteria - Doing Your Research as an Angel Investor

Angel investors can earn high rewards, but it is not without risk. There are 400,000 businesses started in the U.S year. How can you choose the right ones for investment? Below are my general selection criteria. Ideally, I confirm that a company appears to meet as many of these as possible before I invest. 
- Scalable
- Fast path to profitability and positive cash flow
- Not a lot of hard assets
- 10X potential return in 3-5 years
- Moat to protect against competition
- Unfair advantage
- Access to capital
- Likable founders with skin in the game
- Hot industry
- Low regulation
- Avoid companies with legal risks, especially ones with risk of imprisonment
- Low startup costs
- Ability to leverage technology
- Ability to compete with the FAANG companies if they enter your market, Facebook (FB), Amazon (AMZN), Apple (AAPL), Netflix (NFLX); and Alphabet (GOOG) (formerly known as Google)

Geographic convenience and industry familiarity are also nice. It is also important to note that not all of my investments meet all of the above criteria. It is not much fun being an entrepreneur if you cannot break some rules--even if those rules are self-imposed.

Traditional due diligence methods are often ineffective when analyzing early-stage businesses because you are frequently investing in the future. Reviewing financial information and customer data is not possible when they don’t exist.

Before investing, we evaluate several aspects of the company or concept: the business model, the game plan, the leadership and the potential return. Key goals during the evaluation process include confirming that the entrepreneurs are exceptionally talented and that there is a need in the marketplace for what they offer. Here are a few things to keep in mind:

What’s being offered? 

The startup’s product or service should be clearly differentiated relative to competitors. It should fulfill an important customer need and compete in a market that has solid potential. Most importantly, the target audience should be excited about the product and be able to articulate how the product will make their lives better.

Does the game plan make sense? 

The startup should have a business plan with reasonable goals. The plan for investing angel funds should make sense and be based in sound logic. The startup should have a scalable model and attractive unit economics. You need to ensure that the amount of cash raised will be enough to cover the length of time required to firmly establish the business. A startup that runs out of cash will surely fail.

How competent is the leadership? 

Successful startups are led by a founder or a team with the right experience, talent, and vision. Important character traits include confidence, fortitude, creativity and determination. Having the ability to identify talent and build a strong team is critically important.

What’s the potential return? 

Tanya Prive, the co-founder of 1000 Angels, provides some helpful perspective on the returns you should expect from your startup investments: “We focus solely on highly curated direct investments and aim to offer a well-balanced portfolio selection with startup investments that can yield an IRR (internal rate of return) of 25% or a cash-on-cash return of approximately 3X over 5 years and 9X over 10 years. Again, returns are never guaranteed and it is possible to lose all of your investment. Angel investing can yield binary results, meaning you can either enjoy a healthy return or lose everything. This is why it is important to build a diversified portfolio of startup investments that help mitigate the risk.”

Before making any investment decision, you may also want to talk to a CPA, attorney, and/or financial planner.

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

Sources
https://www.angelcapitalassociation.org/blog/how-to-become-an-angel-investor/
https://www.wired.co.uk/article/how-to-become-and-angel-investor
https://www.forbes.com/sites/tanyaprive/2016/04/28/what-returns-can-i-expect-from-startup-investing/#304808477964
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 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.

Money for a Startup - Win Equity and Prizes

Have you dreamed of being on Shark Tank? Now is your chance to be a shark.

Help founders succeed and receive equity and prizes in return at Money for a Startup

Here is how it works:
- Watch founders pitch their business ideas
- Offer your insights, advice, and assistance
- Receive Equity Points every time you complete a challenge correctly or help our founders
- Get enough Equity Points and redeem them for equity and/or prizes
- The more you participate, the more you can win

Register today at http://moneyforastartup.com 

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

Would you like to invest in early-stage businesses before they go to market? Email info@OmegaAccelerator.com. 

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.