Is selling scrap gold worth it?
Typically, a dealer or pawn shop will pay around 80% of the total market price of the gold jewelry, so keep this in mind when calculating how much you expect to make by selling your scrap gold.
If you sell gold coins, gold bars, or designer jewelry, the payout will typically be higher than 80%. Sep 29, 2021
How do I start the cash-for-gold business?
Start with the basics, inquire with multiple local and prominent jewelers, organize your bills (original copies are needed), analyze the gold trend, and then pick what you want to sell (jewelry, bars, or coins). Apr 9, 2020
CASH FOR GOLD BUSINESS
Can you make money buying scrap gold?
It is the most preferred precious metal for investment and acts as a hedge against inflation.
Gold always has value, whether a freshly minted coin or old scrap jewelry. Many people, in fact, make a decent profit dealing in scrap gold. It is a lucrative business that entices many. May 24, 2018
The point of a pitch meeting is to engage potential investors.
A narrative approach is more important than a list of facts and metrics.
Entrepreneurs should provide stories about their companies that investors will find relatable, such as how customers use their products or services to improve their lives.
The ask isn’t just a number.
You should include things such as:
The percentage of equity you are selling (dilution).
Where do you intend to spend the money?
What is your expected runway (how long will this round last?).
The type of instrument (straight equity, convertible notes, etc.).
Any minimum ticket value.
In a pitch deck, your main goal is to trigger investors’ attention and interest in a short period of time and make them want to have the next conversation, where you could share more details and tell your story.
Again, be laconic and focus on presenting the business opportunity instead, leaving the story about your mission for the next deeper talks.
Demonstrate what you know about your business and how you plan to make it successful rather than describe the set of features you plan to develop.
If you’re a pre-revenue startup, reflect your summary of estimated/forecasted figures from your business plan in the pitch.
If you’re already generating sales, show your revenues and growth.
This is not confidential information, and you will look “paranoid” if you ask for an NDA to share this primary data, which is essential for investors to assess your startup’s potential.
The same goes for your pitch deck design: it will only show investors that you can spend time or money on fancy design, which is not what VCs are looking for.
A straightforward pitch deck with relevant information will look way more convincing than slides with expensive designs and lacking data.