Help me get money!
April 4, 2012 1:44 PM Subscribe
Need investors for a restaurant/bar, but don't know how to get them.
posted by bryanthecook to Work & Money (13 answers total) 2 users marked this as a favorite
I am a chef with a great resume, and an idea for a new venture. I want to open a music venue that serves great tasting beer, cocktails, and food, all sources as locally as possible. Everyone I've told about this says that it'll work, and that I definitely have the skills and drive to make it work. The problem is that no one I know has money enough to invest. I had happened upon an investor with an incredible amount of money ready to drop it in, but he only wanted to talk about it in the middle of the night while quite drunk, and that isn't how I like to do business. I've tried contacting him during normal hours, and I never get a response.
The question is, how does one find $0.5-$1 million dollars to open something that, based on statistics and my real-world experience, is guaranteed to not make money for the first year or two? Oh, caveat lector, I've never run my own business. I've rum things for others and I'm usually pretty good at it. I know my market, and I know how to make money with music and food, but I have never been completely on my own.