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Female Entrepreneurs Often Act Wrong In Raising Funds.

2011/1/7 14:32:00 74

Female Entrepreneurs' Capital

Before you have worked out a detailed SME financing plan and are ready to take action, you need to know the following seven common ones.

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This is what we have concluded that women entrepreneurs often misbehave in the process of raising funds.


1, lack of confidence in success and abandoning the financing plan for SMEs before the start of action.

Generally speaking, female entrepreneurs do not seem to be able to adapt to the work of raising funds.

AldonnaAmbler, a well-known American business consultant, told us: "I speak all over the country and I am active in major business alliance organizations. I also hired a radio station to publicize entrepreneurship information, and encourage those entrepreneurs who are interested in and interested in commercial SME financing to contact me to explore ways of financing SMEs.

In fact, I am providing support and help for female entrepreneurs.

However, up to now, 90% of the entrepreneurs I have contacted are male entrepreneurs and few female entrepreneurs.


2, shortly after the start of SMEs' financing action, they denied themselves and gave up the financing plan for SMEs all too early.

Bank employees, angel investors, venture capitalists and all investors may refuse your SME financing plan.

The financing failure of small and medium-sized enterprises is not as unbearable as the end of the world. You don't have to be discouraged.

However, no company can bear the consequences of ceasing attempts to finance SMEs.

If you regard a refusal as the final outcome, you will surely lose.


In 1992, LaraKisielewska created its own plane image technology service in New York.

company

Design optimization and consulting company, at that time, she was only 20 years old.

She told us: "before I started my business, I had never received any professional training. I didn't even know the meaning of" labor capital ".

This background made her accumulate a lot of serious wrong decisions at the beginning of her business, and eventually owed her parents $more than 80000. At that time, her company didn't even sign a client.

However, she did not give up. After constant accumulation of experience and continuous efforts, she finally succeeded. Her company even attracted super customers like HBO TV and CondeNast magazine.

(Kisielewska, the youngest New York branch of the American women's business leaders Association, whose motto is "never say die".


The women's business leaders Association of the United States has also brought fame and business reputation to its customers.

At present, she

Already

Through the different ways of financing for SMEs, we have prepared a huge sum of US $two hundred thousand to promote the rapid development of our enterprises and prepare for the next business goal.

She believes that relying solely on her own to raise funds is the most serious mistake that women entrepreneurs often have in the course of their operation.


3, eager for success, easy to satisfy.

Female entrepreneurs often get a great sense of satisfaction and sense of achievement when they reach a preliminary agreement with the investors, and their roots do not realize the importance of further negotiation and negotiation.

CarnegieMellon, a famous economist, is the author of the book "women entrepreneurs who never require negotiation and gender division".

In his recent research, he found that on the issue of wages, the number of men who knew how to raise salaries through negotiation and negotiation was eight times that of women.

The fact is that male employees can often negotiate a 7.4% increase in salary.

If it is converted into the national average income level, it will be 4000 dollars.

That is to say, in the same job, men can negotiate more than 4000 dollars by negotiation.

Therefore, at the East Greenwich business summit held in Connecticut, AlanWeiss, the author of "millions of dollars for small and medium enterprises financing", strongly encourages female entrepreneurs: "please be prepared for negotiations and maintain firm business goals in the negotiation process."


4, the financing requirements for SMEs in the SME financing negotiations are too low.

Most of female entrepreneurs are risk averse operators.

In the process of raising funds, they tend to think too much about the negative factors, so that the smaller capital requirements to investors are less than the amount they really need.

Especially during the negotiation process, female entrepreneurs are very timid in order to avoid being rejected and often reduce their SME financing goals.

Don't do this. Kisielewska tells us: "I learned how to raise funds in the course of many years of business. It is very important not to lower the target.

If your capital requirements are very low, bankers or other investors may not seriously consider your SME financing plan. "


5, unwilling or afraid to integrate into the male dominated commercial network relationship.

In the current business field, female entrepreneurs and female entrepreneurs often do not get equal opportunities and treatment with men in the process of commercial financing, because they simply can not really integrate into the male dominated business social network.

In a book entitled "overcoming difficulties and allowing women to create fast growth companies," the author summed up the above through a five year commercial survey.

At the same time, in view of this situation, the book also provided many valuable suggestions for the majority of female entrepreneurs.

PatriciaGreene, one of the authors of the Graduate School of the University of Ba's, said: "women entrepreneurs should lead themselves to the right source of funding, social circles and those who have successfully overcome the financing obstacles of SMEs, so that they can get more inspiration."


6, we are too afraid of losing corporate sovereignty and losing control of the situation.

Female entrepreneurs tend to be too concerned about the sovereignty of enterprises or companies.

They worry that strong investors or their huge holding power will occupy the decision-making advantage, thereby changing the direction of development of enterprises or interfering in their own way of operation.

In fact, in the process of raising funds, the most important thing is to choose an appropriate investment partner.

However, the vast majority of female entrepreneurs dare not attempt large-scale SME financing actions in order to maintain company sovereignty.


7, unwilling to formulate a clear benchmark for business performance evaluation.

Your business performance completely determines the return on investment of investors.

Therefore, you must lead enterprises to make outstanding achievements, so as to get investors' trust and get continuous financial support.

So, how to evaluate your performance? This requires you and the investor to draw up the evaluation criteria and quantify their performance.

BethPolish, a senior consultant at the women's business leaders exchange center, said that in order to keep the company growing, "you should regularly consult with investors to formulate a new stage of enterprise development plan, and achieve milestone goals in the process of advancement."

In this way, you can summarize and analyze the past business performance and evaluate the future development potential of the company.

BethPolish said: "if your company or company can consistently meet the investors' expectations, this will increase your business value, and your business reputation will also increase significantly, which will help the financing of future commercial SMEs."


The last SME financing skill: when you talk to investors, please don't forget to tell the other women entrepreneurs that the companies that they hold have already started a business wave. These companies are developing rapidly and have great commercial potential.

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