| ed to be said that the best place to find a private | | | | new businesses fail in their first year; the reason for |
| investor is through personal contacts. At the time this | | | | this failure is mostly because of lack of commitment |
| was generally true but now the Internet is taking | | | | from the person who started the business. Also a |
| over as the best place to find a private investor; this | | | | staggering 90% of new businesses are out of |
| is thanks to a little something called an investor club. | | | | business within two years of starting up; the main |
| First let’s cover a few basics as what | | | | reasons for this is down to aspects such as lack of |
| constitutes a private investor. They are in general | | | | funding and managerial incompetence; both of these |
| successful entrepreneur that are specifically made up | | | | problems can however be overcome with the |
| of figures such as CEO’s and business | | | | correct drive and determination as well as the help of |
| owners. Private investors such as these offer | | | | a private investor. |
| experience and contacts that are of great value to | | | | A private investor will not only bring the necessary |
| new business ventures. They are a common source | | | | funding to a business but they will also provide their |
| of funding for early stage and start-up businesses. | | | | expertise and introduce you to a number of contacts |
| There are many of these private investors | | | | within your area of business. |
| throughout the UK but they can often be hard to | | | | If you are one of these private investors and you |
| find if you don’t know where to start looking. | | | | are looking for a new venture to invest in then did |
| The role that this private investor plays in your | | | | you know you could find exactly what you are |
| business after their investment has been made can | | | | looking for with the help of an investor club? |
| vary. Some of these private investors invest in a | | | | Investor clubs were set up so that private investors |
| way that is known as passively, which basically | | | | could search the member database to find out about |
| means that once they have provided a company | | | | the latest business ventures that are available for |
| with money they play a limited role within the | | | | investment and the best thing is you will be the first |
| company. In other instances a private investor will | | | | to know thanks to the exclusive membership of an |
| provide your business with money and then seek to | | | | investment club. |
| play a strong role in aspects such as a businesses | | | | As well as helping private investors these investor |
| decision making. This type of investor may want a | | | | clubs also help entrepreneurs who are looking for a |
| seat on the board and control of some decisions. | | | | private investor to fund their new venture meaning |
| Other investors prefer to serve in an advisory or | | | | whether you are a private investor or an |
| coaching role. | | | | entrepreneur you are in a win, win situation! |
| If you think about what happens to most new | | | | Sign up to an investor club today and you will find |
| businesses you will start to understand why private | | | | what you are looking for as a private investor or |
| investors are such a good idea. It is said that 75% of | | | | entrepreneur in no time. |