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- Talk with members of
your social network about your idea and use their
feedback to clarify your idea.
- Prepare a detailed
business plan and know how much startup money will be
needed. Do NOT solicit more money than needed - You must
hit your funding goal in a given number of
months.
- Produce a great video
that sells you and your idea to members of your social
network.
- Obtain commitment for
at least 30% of required Capital from your first-level
network before soliciting investments from members
networks.
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