New Business? Top 3 Secrets to Raising Capital (w/ Michael Manahan) | Business Insights - Best Webhosting

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Watch WebHosting GoDaddy Video: New Business? Top 3 Secrets to Raising Capital (w/ Michael Manahan) | Business Insights.
Bestselling author Michael Manahan shares expert insights to raising startup funding and venture capital as a small business. Watch more Business Insights videos: https://bit.ly/GDbusinessinsights

0:00 Who is Michael Manahan?
0:28 What lenders and investors are looking for
1:08 Importance of financial projections
1:44 Finding the best small business investors to talk to
2:40 Personalizing your small business pitch

When it comes to raising venture capital, bestselling author Michael Manahan has three secrets to help entrepreneurs secure the funds they need to get their small business started. One of the first secrets to raising capital is being prepared — but preparedness it’s not just a checklist of items to have in place when starting a business. Business lenders and investors want to see a well-written business plan that thoroughly explains what you’re doing, including financial projections to understand your future plans for business growth. Secondly, each small business funding source has a particular lending strategy in place, so it helps to have conversations and find the right small business investors looking to make a deal aligned with what you’re wanting to pitch. Lastly, funding a business is more than just showing off the numbers — that’s why Michael suggests including your personal story to connect emotionally with prospective lenders. Because they’re not just investing in your business idea — they will be investing in you, too. That’s why it’s important to invite them into your sphere of trust and personalize the transaction to help seal the deal. While raising capital is a process, Michael Manahan says you can take the steps needed to understand how to be effective in raising small business capital with these top secrets.

Learn more about Michael Manahan:
https://www.professormanahan.com
https://www.facebook.com/Professormanahan
https://www.linkedin.com/in/michael-manahan-28857b3/
Learn more about GoDaddy:
https://www.godaddy.com
https://www.youtube.com/user/godaddy
https://www.instagram.com/godaddy
https://www.facebook.com/godaddy
https://www.twitter.com/godaddy

This content is provided for informational and educational purposes only and should not be construed as legal advice by GoDaddy on any subject matter.

#GoDaddy #MichaelManahan #StartupFunding #VentureCapital #BusinessFunding #SmallBusinessFunding #BusinessSuccess #BusinessGrowth

Published: Sunday, November 27, 2022 9:28 PM
Category: WebHosting GoDaddy

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