How to find your sponsor
Video: How to Find a Sponsor 2024, July
There are two types of sponsors. Some have money for investments, but do not have sufficient experience in evaluating projects. They invest money and lose it. Other sponsors place high demands on projects and carefully select them. But if you go through the initial conditions, then with such a sponsor are almost doomed to success. Such people competently control the project and warn you against mistakes. Consider preparing for a meeting with a sponsor of the second type.
Instruction manual
1
Describe a step-by-step plan for introducing the idea. While you write the plan personally for yourself. Indicate numbers, forecast profit.
2
Create a growth point. This is a place of trial sales. It is temporary for the experiment. Your task is to implement the project as planned and get the expected profit.
3
Analyze the result and make adjustments to the plan. In fact, something may go completely different than it seemed. Now you can make a really good plan, because you have experienced all the difficulties.
4
Create a second growth point. Now things will go differently. Your task is to work out the nuances so that the plan becomes a real step-by-step guide.
5
Write a business plan based on the numbers received. It's time to make a plan for the sponsor. It will differ from the standard plans drawn up by theorists. After all, you do not take the numbers "from the ceiling". That is what the plan will be attractive to good investors.
6
Show the plan to a potential sponsor. You can turn to any person with money. If the sponsor of the second type meets, he will not give a “turn-around” because of unreasonable and unproven figures.
note
The considered approach requires time, patience, and some costs. But turning to the sponsor, you will have confidence based on the results. Amazing courage will appear.
Useful advice
Don't be afraid that someone will borrow your idea. There are many ideas in the world, but implementation requires a person dedicated to the cause. Nobody can cope with your idea better than you.
