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Detailed text transcripts for TV channel - MSNBC - 20110724:11:51:00

small business. you know what s interesting, usually when we get this question i can t get money anywhere, where can i find it. she s saying there s so many places i can get money where do i start? i m pulling out my wallet. i ll show you where you should go. i hate to say it but in this climate depending on how much money you need you don t want to carry a lot of debt. a credit card can be a great way to get a little infusion of cash. i host ad few panels about finding funding and there s lots of talks about angel investors and people out there who want to give money but it s primarily, get somebody in the audience saying i have a jewelry company or a furniture company i don t have an internet company or green tech company. where are the angel investors for something like that. you can network and google. there s a lot of angel investing networks, organizations out there. but i always say hold off on

Detailed text transcripts for TV channel - MSNBC - 20110724:11:52:00

years ago. you look at frankly people can t get loans as easily as they could. there s so much cash on the sidelines. depending on how much you re talking about. the other option is friends and family. agree. we did a neat story last last week about this company that got professional investors interested and then said i m not interested we re going to go to friend and family and what they did they were a mom company they went to other moms. so i think that s a good way for her to find people who are interested in your industry, find customers who might have a little cash. it can be risky. safer route when i was a concert pianist i saved a huge portion of my tour fees and put it towards my skin care line.

Detailed text transcripts for TV channel - MSNBC - 20110724:11:45:00

of it. what do you guys think of the pitch in the product. it s really good. free food always helps. thought you did a great job. what i want is a little bit more statistics. more forecast of what your sales could be. what you got in the pipeline. if you re asking for the money i want to know what you ve got going on to ensure that this could be a company that works not just a good product. i dpragree. it s a question of winning us over. we want more specifics. if we will invest our money it needs be more than tasty but definitely of interest. it s really good. i m a devout cardiovar. you said to me before the show i have these big companies waiting for the product. lead with that. i was the in house chef for another company and i worked for a top grocer so i have the

Detailed text transcripts for TV channel - MSNBC - 20110724:11:43:00

i m jon haber of alto music. my business is all about getting music into people s hands. and the plum card from american express open helps me do that. you name it, i can buy it. and the savings that we get from the early pay discount has given us money to reinvest back into our business and help quadruple our floor space. how can the plum card s trade terms get your business booming? booming is putting more music in more people s hands. from our very informal focus group that happened when we put our elevator pitch in the kitchen, we know there s interest in this cuisine. but as we know from the show a good product doesn t always make for a good business. let s to see how our pitcher does in selling her idea for a company to our panel.

Detailed text transcripts for TV channel - MSNBC - 20110724:11:37:00

an approach to a business can make you stand out from the crowd. angela is co-founder of savor the success.com. founder and ceo of oh aroma. and rod is the own of aol small business. great to to see both of you. this was particularly interesting to me because my mother and brother start ad company called job track, which took an try that was completely inefficient which was job listing for colleges for company. it wasn t a glamorous business. they sold it to monster eventually and the same with bathroom in a box. simplifying an industry that seems like you re in the market to start a business. it might be a smart thing to just look at things that you

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