It’s not a tech startup, not planning to become a worldwide company. Raising $50,000 for 25% that would gain 14.25%/year in value and return 10.94-17.17% a year in dividends, totally making up to 31.42% annual returns in a low risk industry. Where should I look for investors?
This is actually a good question and needs a solution. I don’t have $50,000 that I could risk in such a situation but I certainly could risk a couple thousand if I felt the individual was right and in my local area so I could personally keep an eye on the business.
Once upon a time I started my own little business when I was in my early 20’s and would loved to have had an angel investor. This is the type of thing where a group of investors could get together and pool their money and then invest in local people who are eager to start a business.
I wish I had an answer for you because I certainly would consider becoming part of such an angel group.