Only Business
what are the redflags for an investor ?
1. Give them an investment pitch, not product pitch
Most of the founder do this common mistake in their pitch , starting with product pitch is good but you should not cover most of your time in this , the investor wants to see every aspects of your business which include management , financial status , protype , founders . so give them a detail view about your company , which builds trust to the investor . As many said first impression is the best impression try to gain it, even though the investor doesn't invest he will recommend to others
2. Be specific
Be specific about your pitch not about your related industry , you there for to pitch about your startup not about your related industry , just mention few facts about industry which helps your business . Investors are interested in your startup which gives them a good returns on their investment , so be specific on what are you saying .
3. Don't say there is no competition
Here i would like to mention a sentence which is said by the netflix ceo he said sleep is there competition because most of the viewers are fall asleep while watching the movies and the movie kept running for whole night , and when the viewer wake up in the morning he/she will miss the scene from which scene they slept .So to avoid this problem they created shocks which can track the movement of the viewer . So here i want tell this for every business there is a competition it maybe directly or indirectly
4. Don't be salesy
At the last your pitch, business model , financial status of the company are much stable and can be worthy to invest .Now coming to the negotiation please don't negotiate like you are selling a decorate item on a bazar . And mentioning, this deal gone be done soon so make the decision fast . why are are you even keeping investor under purchasing pressure ? , this may feels like suspicious to the investor
which eventually lead to the failure of rising fund .
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