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Sunday, May 4, 2008

Capital – Where Capital and Business Meets



In the effort of trying to find new business opportunities and ideas to assist entrepreneurs, I’ve stumbled upon a website where it focuses on advertising business which is currently looking for capital. Most of the business people which are starting to venture in business, they are either the group that have the idea or have the money. So I would assume putting their ideas in this website would be a good idea @ http://www.capital.com.my/maincenter/index.php

Finding capital for business is the main obstacle for an entrepreneur to go through. Please avoid all the Ah Longs and try your luck with the banks and venture capitalist. A few years back, Mavcap use to open their channel for entrepreneurs to submit their ideas in return for a screening to obtain capital from them. Now, Cradle Invesment Programme are coming into their 47th Batch. They've raised from seeding of RM50,000 to RM150,000. Who actually benefits from this? they hardly update their posts and we hardly hear new coming entrepreneurs benefitting fully from this. Maybe we'll just wait from clarifications.

Discussing about business ideas is like discussing your biggest and most exciting idea that you have. You’d be scared people would run off with your ideas. Talk to the people you trust and believe in yourself. You have the ideas and the knowledge so please don’t be scared. When talking to outside parties, ask them to sign NDA (Non-Disclosure Agreement) if you don’t trust them. After all Business is business but Money is still Money


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