Reply to Kickstarter/Crowdfunding to help finance a new business, What say ye?

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Reply to "Kickstarter/Crowdfunding to help finance a new business, What say ye?"

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[quote=Anonymous][quote=Anonymous]Yes I have all three. Medium to higher end brands.  Only business like it in the neighborhood and was asked to come there. Will work with the school system and medical community for my products. 15 years in retail management and buying.  5 years in wholesale and importing.  7.5 years in commercial banking and 4 years in foreign exchange.  Margins are tight, but less so in higher end.[/quote]

Great. I'd say your best funding options are:
1. Go to those potential customers and pitch a partnership deal
2. Bootstrap (so skip the store part to begin with) and self-fund based on all those customers you've got lined up
3. Shake your tree of contacts and get funding that way. People in the industry will understand the potential and business idea better than people outside, so their funding (or not funding) will be good feedback and a good way to get some money.

Actually with all that experience, are you sure you can't self-fund, maybe with a lower up-front plan? Sounds like you're mid-career so you'd have built up some assets. [/quote]

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