“Success is not in what you have, but who you are.”
~ Bo Bennett
Venture Capitalists (VCs) are often pessimistic, since they’ve seen so many ventures fail.
As such, when you speak with VCs, they often consider the reasons your venture won’t work.
So, address these concerns before they even ask about them. For example, state in your presentation the top 5 concerns you think they might have and why you will overcome/address them.
Generally, you should address these concerns in the core part of your investor presentations. You should also have four or five back-up slides (that you keep at the end of the presentation for use if and when needed) that address other less-common concerns that you guess investors might have.
By pulling up these slides when the investor voices the concern, you will have the best possible answer and seem ultra-prepared (which you will be).
Forget Old School!
The “old-school” way of raising venture capital is DEAD!
And that’s why I created this page for you… to show you how to do it right.
There’s a common mistake almost every entrepreneur makes… and if you approach venture capitalists like most entrepreneurs, you’ll NEVER get funded.
Today’s Question: What do J.C. Penney’s initials stand for?
Previous Question: What is the largest American corporation named after an owner’s daughter?
Answer: The Sara Lee Corporation is named for Charles Lubvin’s daughter.
Lubvin had a bakery in Chicago in 1951 and then started the Kitchens of Sara Lee, with cheesecake being the first item they made. Today, people often remember Sara Lee when they think about a variety of dessert items.
Join our Tip of the Day
To get Growthink’s Tip of the Day delivered to your email inbox, enter your information below: