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What's the best way to contact investors for some one without any start up capitol

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The BAF Group LLC

The quick answer is that, in most cases, you can't. This is going to sound cruel, but we don't mean it that way; we mean it to be honest and succinct. If you have no money, if you have not generated any money on your own, if you have not been able to save money yourself, why should anyone bet on your to do that for them? If you have no money, what do you have to impress people? Why do they need you? If you have some set of very, very special talents or skills, or if you have an extremely specific situation that no one else can replicate, (like a family member with a business, who is dying and will sell their very successful business no one but you,) then you might have a chance. Otherwise, what do you have to offer an investor? Most investors want you to have something to risk, some "skin in the game". If you have nothing invested of your own, why should you care about the risk they take on you? That is not to say you would not take their investment seriously, but that is the attitude they would adopt.

That is the bad news. When you are dealing with strangers, that is the kind of scenario you can anticipate. Your alternative is to try to get investors among friends and family - people that know you and trust you, prior to you asking them for money. You have a far better chance at that, than you do with talking to strangers. Try to get them to provide seed money, then go to the SBA for the balance.

Jan 23, 2014

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