The genetic makeup of an entrepreneur is embedded in many Americans; those individuals come from all walks of life, determined to fight tooth and nail to transform their business dream into a reality – at times going from rags to riches, riches to rags and even back again. The investment community waits to jump on the next prospectively successful bandwagon – and that’s a good thing.
About two months ago, a group of entrepreneurs got together to develop a working plan to help other individuals like themselves raise the funding needed to launch their business.
Some of the best ideas ever are just that – an idea – until funded and put in concrete. In a Market News First interview, RaiseCapital.com CEO Rick Singer said the network was formed to fill the void for people who don’t know how to fund themselves.
“Most people seeking capital don’t have the means or resources to do that,” Singer commented to theStreet.com. “People turn to us because we help bridge the gap between the entrepreneur and the investor,” says Singer.
RaiseCapital.com is like a canvas for entrepreneurs and start-up or existing business owners to showcase their ideas and needs, banking on the idea that entrepreneurs need assistance with exposure to investors. The company has developed a system of membership packages designed to bring the investor to the companies with capital needs.
The three packages provide various levels of networking capability for a monthly fee. From national marketing research to the ability to post text descriptions alongside still photo’s and streaming video presentation, business owners can spread the word of their company’s services and opportunity to succeed in the marketplace.
The company can post its general contact and industry information online, as well as its capital needs – then it waits.
The company’s marketing strategy has the potential to link the companies to a nationwide network of investors. Those investors remain anonymous until they contact the business they find attractive via e-mail. The investors themselves comprise high net-worth individuals, unafraid of the risk variable.
Singer said the company now hosts about 300 investors and 60 companies – not bad for a start up.