ding. The banks looked at the Wal-Mart proposal and still turned me down. They recommended I look for an ‘Angel,’ or venture capitalist investor. These people fund likelyI’ve invented and patented several products that are clever, useful, and saleable. Wal-Mart even gave one of them their highest grade when I sent them the plans through their little-known, inventors program. So why aren’t I rich? That’s a reasonable question. Once I got over the elation I experienced upon receiving their acceptance letter, reality sunk in. They wanted 20,000 units in special packaging and designed to meet certain specifications. After consulting foreign manufacturers and getting prices for construction and exporting, I looked at my investment costs. They totaled over $330,000. I had no way of raising that much money, so I began exploring other avenues of funding. The banks looked at the Wal-Mart proposal and still turned me down. They recommended I look for an ‘Angel,’ or venture capitalist investor. These people fund likely heir little-known, inventors program. So why aren’t I rich? That’s a reasonable question. Once I got over the elation I experienced upon receiving their acceptance letter, reality sunk in. They wanted 20,000 units in special packaging and designed to meet certain specifications. After consulting foreign manufacturers and getting prices for construction and exporting, I looked at my investment costs. They totaled over $330,000. I had no way of raising that much money, so I began exploring other avenues of funding. The banks looked at the Wal-Mart proposal and still turned me down. They recommended I look for an ‘Angel,’ or venture capitalist investor. These people fund likely reality sunk in. They wanted 20,000 units in special packaging and designed to meet certain specifications. After consulting foreign manufacturers and getting prices for construction and exporting, I looked at my investment costs. They totaled over $330,000. I had no way of raising that much money, so I began exploring other avenues of funding. The banks looked at the Wal-Mart proposal and still turned me down. They recommended I look for an ‘Angel,’ or venture capitalist investor. These people fund likelyconstruction and exporting, I looked at my investment costs. They totaled over $330,000. I had no way of raising that much money, so I began exploring other avenues of funding. The banks looked at the Wal-Mart proposal and still turned me down. They recommended I look for an ‘Angel,’ or venture capitalist investor. These people fund likelyding. The banks looked at the Wal-Mart proposal and still turned me down. They recommended I look for an ‘Angel,’ or venture capitalist investor. These people fund likely candidates that have products they deem marketable. After contacting a few in my area, one agreed to meet with me.

I had my proposal ready, including a business plan, the Wal-Mart response, and an entire five-year projection complete with marketing materials. The three men were impressed and explained how they work. If they decided to front me the money needed, they would expect the following: (a) total control over the project, (b) the right to approve and change any idea I proposed, (c) their company name on every piece of literature, (d) 70% interest in the business, including any future stock offerings. Needless to say, I was somewhat speechless.

The thought