The BizBuySell Small Business Community

  • Get Expert Advice

  •  • Find Local Service Professionals

  •  • Share Your Experiences

Would I use Angel Investors or Investors for only $6000.00?

I have a Business I want to start. I know that I will have that investment back
in 2 months or Less. I already have experience and have made $6400 in
Two Days. I have Proof but who can I trust that will really help me with
this Investment.

Can someone tell me the best route when you Need
$6000 to start a Business without using my personal credit.

Would making someone a silent partner work?

Just need some ideas on getting up the money.

Thanks for any help

No User Photo

Answer This Question

max 5000 characters

Web Reference (optional)

e.g., ""

Review Community Guidelines

Help keep our Community clean and on topic. The BizBuySell Community is a place where you can discuss your questions, concerns and knowledge with others you can trust. It is not OK to use this forum to solicit others for personal or financial gain, or to rant about personal issues. It's all in the guidelines.

Submit Your Answer
Answers (2)
No User Photo
The BAF Group LLC

Mr. Joyner is correct. But what I don't understand is your hesitation to use your own personal credit, particularly if you will have the money back in two months or less. The way you state your case, it sounds like you have the personal credit available - why not use it? You want others to take a risk, but don't want to do that yourself, for something that you imply has no risk? What am I missing? For $6,000, the effort to entice a partner sounds like a waste.

Mar 7, 2012
No User Photo

Friends and family would be the best choice for that. Maybe ask coworkers,professionals like doctors,lawyers,etc. And then you have community banks,credit unions,etc that could help.The worse they can do is say no. I don't know any investors,angel investors that would give you such a small amount. The ROI would be pointless for them when they have millions.Useless they want to make investments that go from 100's of thousands to millions.

Also depending on the business you can pre-sell(sell a product or service before you have it.) Also you don't have to borrow all the money from one person. You can burrow $50 from one person,$100 from another and just build up like that. Thats nothing to a doctor,lawyer,etc if they lose it and if you succeed they make a nice profit. I've raised over $50k just doing the methods above. You will get plenty of rejections. You just have to create you business plan and keep going until some agree.If someone rejects giving you the whole $6k then ask about a smaller amount. And then do the same thing to every person you ask for an investment. Open a phonebook and check out the various owners of businesses. Contact them. Those of some of the things I did when i started my first company and these people become long term investors for other ventures I launched.

Mar 7, 2012

Start a Discussion