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Updated almost 6 years ago on . Most recent reply
I’m nervous to bring investment business plan to family members.
I know a few family members would possibly want to get involved. But I feel terrible and weird to go to them to seek investment. How do I get over this?
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Mike Dymski
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Then don't do it. There can be serious consequences (losing more than just money) of investing with family and, if it's not obvious and organic, then I would suggest that it's risky for both parties.
IMO, if you want to invest with family, the best way is to invest on your own first, establish a track record, and then they come to you. Frankly, that is the best way to attract private investors regardless of who they are. Good luck.