HOW TO FIND AN ANGEL INVESTOR INTERESTED IN MFG, FOREIGN TRADE, MARKETING, FINANCE .

This is the link to the query.
https://shrib.com/#X69H9SkzYm76A.ufsu.B

Hi First, I am not the typical mentor you may be looking for say a startup guy just an old man with 62 years of life behind me.

Let me see if I can help you in some way but let me first ask Admin to widen this field. Someone from admin may like to talk to me on this. Very tough to write in this two line narrow field. (In case admin or Dr Malpani is looking)

For now I shal use notepad and then copy paste my matter here. It is very tough to write in a space that is merely 2 lines wide.

Qstn 1
Partnership
Pros
---------
Question I need to ask you first is why you need a partner as per you?
But to save time let me share some preliminary thoughts

Partnership can be monetary only (he gives you money) or work related too (he involves himself in duties w.r.t the business or both.

If you have all the capabilities to run an event management company then you need not go for partnership just get employees and guide them .

If you lack some skills say you do not have marketing skills then you may like to get a partner who has marketing skills

So the PRO of partnership is complementing skills set

However the major PRO is risk sharing. Partner invests money and you also invest money so both share the risk. Your share is now 50% instead of 100%

PRO-1 is Skill Set complementing
Pro-2 is risk sharing
Pro -3 is two minds are beter than one
Pro-4 is stress sharing.

Off hand I can list these from my imagination.

Cons
------

Well partner may run away with your business clients.
Off hand this is the top most con i can think of.

Then squabbles. You may find he is not doing his share of the workload at par with the agreed returns.

So

CON-1 Clients may be taken away
Con-2 work load sharing conflict


Qstn -2
What advice I may give?

This is a very general question. I am not hanuman that will bring the whole mountain

Maybe you can ask specifics

Let me help your mind by asking you instead

1. Why do you want to do business?
2. Why do you want to do event management business?
3. Have you ever done event management yourself or been associated with it or only seen others doing it from far?
4. Do you have any idea of thw work load and hours that you may have to give when you conduct events?
5. Are you a type of guy who can patiently suffer client's constant changing demands ?

I mean I can ask you many questions..
You can ask them yourself to churn your mind.

Qsn-3
Funding
Sorry this I cannot answer.

Best of Luck

Apply to Ycombinator and Techstars

Delhivery (via Shiprocket) - slightly more expensive than FEDEX, but much more reliable and very well funded.

It depends! The amount invested in cold hard cash by founders is definitely one measure of their commitment, but one has to factor in the financial position of the founder, the sweat they have put in, how much salary they sacrificed etc.

Hi team, to get investment I suggest you start creating your plans and documentation. Think of all that you might require to showcase. Then when you are ready run it past through someone who is not within your team but understands financials and business investments. Get all relevant feedback and restructure your business plan. After all this please start connecting with angel investors on LinkedIn and also at various investment platforms. Share your brief business plan with them and request them for a meeting to discuss to take it forward. Please make sure to let them know why you want to connect with them. Please dont forget to take feedback from them after meeting as it will help you to improve your next attempt in convincing investors.

Hope te above is helpful. Feel free to connect with me dsouza.melroy@rediffmail.com

I would ideally set aside up to 20% as ESOP pool depending on pre or post investment. As a start up, you wish to engage best resources in manpower to scale better and faster. Of course with budget constraints, and uncertainty and newness, it becomes challenging to attract quality manpower and to gain their trust. So, ownership helps them to trust and makes them responsible to the organization. In fact, it makes everyone tug at a single goal despite the challenges and helps them understand the founders better. If your angel suggests you to set aside for pool before investing, it is good suggestion and probably (s)he has seen the potential of your venture and wants to set up good habits at early stage.

There is no scientific to determine the value of a startup before product launch as simply, there ain't any cash flow. Someone might choose to invest because they they believe in the team, the idea, the market and the product. The valuation will be whatever the investor would suggest and then few rounds of back and worth. Any other valuation that some consultant or advisor tries to sell to is absurd.

Yes, success fee 3 to 5 %