Global investment Tips for Entrepreneurs

NORMAN BRODEUR - GLOBAL INVESTMENT TIPS FOR ENTREPRENEURS

Norman Brodeur is great entrepreneur, as a member of Private Capital Network (PCN) & Archangel Global Investors, a Newport Beach venture capitalist network which finances passionate entrepreneurs, allowing them to live their dreams.

Norman was also involved in the early financing of eBay, Netscape Communications (now part of AOL), Amazon, Broadcast.com (now the largest acquisition of Yahoo!) in addition to the JDS Uniphase & SDL merger.

MAKE SURE IT'S WHAT YOU WANT

Make sure you want other people's money and interests mingling with your business. Taking on investors means giving away control and potential profit. Investor relationships can be very beneficial to the entrepreneur, but they also take time and management. Some investors are very hands off and make themselves available when your team needs them. Others will want to be in the mix with you, and your job is to diplomatically field their emails and phone calls.

HAVE A POSITIVE ATTITUDE

Be happy and hire happy people. Any investor will want to know that, A) you're passionate and motivated, and B) you've surrounded yourself with people who are, too. [Hire] happy people at every level, from truck team members to corporate staff. A positive team means a motivated and ambitious team that will help drive success.

Be prepared to work super overtime, break the results down into specific foreseeable levels and not stop until you can provide clear results on every level for all interested parties. Easier said than done, but after it's done, you'll make it look easy.

CONTROL YOUR RISK

Think through the trajectory of your business. Investors want to know that you have thought about your future and that their investment will have a long-term positive impact.

THINK LONG TERM

Never consider the investment a done deal until the deal is actually completed. So many times, a business owner thinks they have a deal and then makes decisions based on that deal being consummated. When it doesn't happen, or the investor drags their feet, the results can be disastrous.

WAIT UNTIL IT'S FINALIZED