I’m a new investor with little capital and after reading book 2, I’m keen on perhaps doing some bird- dogging to earn some capital to start investing. Where do I find investors who are interested in getting deals passed on to them? Is there a website or other resource?
Any advise on this would be appreciated.sophie colonna
Sophie,
Welcome!
I’d think that word of mouth is pretty good for the investment clientelle. If you’ve got a good track record in sourcing superior IPs then the word will get out and people will come to you.
As you’re starting out you should probably look to take out an add in a paper or something similar. I think API magazine might be a bit rich. This forum here now knows what you’re up to so that’s a start.
The problem is that you are offering a service, and services are intangible so people look for a track record to determine how good a service it will be. So, it will be hard to credentialise yourself if you haven’t got a good story to tell like Glenda’s or others’.
Find a niche and start finding some really good opportunities, then put some tentacles out there to see who’s interested.
Also take a look at Somersoft’s forum too.
Cheers,
Michael.PS. Just realised that I answered your question and maybe not the question within the question. ie. how can I get some capital to get started in IP? Bird dogging isn’t the only way to build a little capital base, and it doesn’t take much to get started. Some deals are nothing down so talk to a mortgage broker if you’re interested in getting straight into it.
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