For those who are looking to start their own business, many think that the first step is finding a viable investor for the capital that they need. While this is a helpful way to get a business off of the ground, remember that it is not the only avenue that exists.
Many investors will not chance investing in your business if you are not willing to put your own capital at risk. They figure that if you don’t believe in the business enough to fund it, why should they invest their own hard-earned dollars in what you are doing? That is why you should be firmly invested in the business yourself, before you even consider seeking out an investor.
The next thing that you should consider when seeking out an investor is your presentation. Often aspiring business owners make the mistake of wanting to be thorough with their presentation, thinking it will be more impactful. Unfortunately, brevity tends to be appreciated more by not just investors, but everyone. Though you are passionate about your business, and know every way in which it operates, an investor only wants to know a few key things about it. Do not lose the investor in your pitch by dragging them through every extraneous detail. The best policy is to keep your message clear and concise, stating your business mission, services, and goals. You should be able to complete your whole presentation in under forty-five seconds.
Bradley Michael Becker is a business owner who suggests brevity for presentations to investors.
Many investors will not chance investing in your business if you are not willing to put your own capital at risk. They figure that if you don’t believe in the business enough to fund it, why should they invest their own hard-earned dollars in what you are doing? That is why you should be firmly invested in the business yourself, before you even consider seeking out an investor.
The next thing that you should consider when seeking out an investor is your presentation. Often aspiring business owners make the mistake of wanting to be thorough with their presentation, thinking it will be more impactful. Unfortunately, brevity tends to be appreciated more by not just investors, but everyone. Though you are passionate about your business, and know every way in which it operates, an investor only wants to know a few key things about it. Do not lose the investor in your pitch by dragging them through every extraneous detail. The best policy is to keep your message clear and concise, stating your business mission, services, and goals. You should be able to complete your whole presentation in under forty-five seconds.
Bradley Michael Becker is a business owner who suggests brevity for presentations to investors.