James River Capital has had a great deal of success with their methods of creating rather than competing. Founder Paul Saunders recently gave other entrepreneurs some advice on how to be successful when it comes to funding. There are many options for funding that you can try for your own business and if the first one fails you can try another one. The type of resources that you will need will vary based on the type of company that you are trying to create.
One of the ways that entrepreneurs can fund their startups is through seeking venture capital such as the type that is sometimes offered at James River Capital. When choosing this option, it’s important to be prepared for pitching your idea to your potential investors. With the large amounts of money that venture capitalists invest, they want to know that you have a detailed and viable business plan. When investing in startups, venture capitalists choose companies that they think can provide them with a good return on their investment fairly quickly. Traditionally, within five to seven years they hope to make at least three times what they have put into the company.
One of the newer ways that entrepreneurs are funding their projects is known as crowdfunding. With this route, many people give money for your project, usually through an online service like Kickstarter, and they are not expecting to have the money that they have given returned to them. In many cases, the campaigns will offer items like t-shirts or the ability to be one of the first people who get the product.
The independent investment firm James River Capital offers its clients commodity trading as well as hedge funds. The company was founded in 1995 by Kevin Brandt and Paul Sanders and is based in Richmond, Virginia. The asset classes that James River Capital focuses on include equity strategies, fixed income arbitrage, managed futures trading, corporate credit, and more. Paul Saunders currently serves the company as Chief Executive Officer and its affiliated companies. Paul Saunders earned a Bachelor’s degree and an MBA from the University of Virginia and the University of Chicago, respectively. He is also highly involved with philanthropic efforts alongside his wife, Vicki. Recently, they created the Saunders Family Foundation, an organization that supports other foundations dedicated to charity. Learn more: https://twitter.com/jamesriver_cc