Our second investor event took place last week in Burlington at the BCHC. even though it snowed more than 20 people ventured out to learn more about Milk Money and meet 4 Vermont entrepreneurs.
Jack Gilbert from Gringo Jack's down in southern Vermont made the trip and told us more about his flakey chips, salsas, new BBQ sauces and his growth potential. Of course, there were plenty of samples, which were all gone by the end of the evening. You can learn more about Gringo Jack's click here.
This is a redux of a blog post I wrote on July 31, 2010, when I was deep in the process of raising capital for my company, TrueBody Products. Still applicable today.
For anyone who’s tried to raise investment capital for a start-up business, “Friends and Family” is the first place you’re told to look. It usually has a third “F word” tacked on the end: Fools.
In October 2011 I started a blog called Moogle Vermont that promotes Vermont “one cool thing at a time”. There are so many great things happening in this state that I thought it was important to highlight all these businesses and ideas in one place that would be marketed to Vermonters and tourists alike. Vermont is much more than leaves, mountains and maple syrup. There are a lot of amazing companies doing incredible things and most Vermonters don’t even know about them.
The concept for Milk Money popped into my head way before anyone was using the term crowdfunding. Back then in 2007, I called it my “million moms” idea: I figured lots of moms across the country would want my all-natural, affordably-priced soap for their families and would love to help a mom entrepreneur get her company started. So why not get small investments from a lot of people (e.g. $1 from a million moms = $1 million) to raise capital for my first entrepreneurial venture, TrueBody Products.