{"id":16800,"date":"2021-11-01T21:12:18","date_gmt":"2021-11-01T21:12:18","guid":{"rendered":"https:\/\/www.openbusinesscouncil.org\/?p=16800"},"modified":"2021-11-02T20:30:23","modified_gmt":"2021-11-02T20:30:23","slug":"steps-to-increase-your-chances-of-getting-a-yes-from-investors","status":"publish","type":"post","link":"https:\/\/www.footballthink.com\/steps-to-increase-your-chances-of-getting-a-yes-from-investors\/","title":{"rendered":"Steps To Increase Your Chances Of Getting A Yes From Investors"},"content":{"rendered":"
Are you trying to find funding for your startup? Maybe you need money to cover the costs of a new product launch or expansion? Whatever the case is, finding an investor is a practical way to get what you need. An investor is a person or financial institution with access to large sums of cash to put into businesses for various needs. As investing in any business comes with risks, hopeful entrepreneurs must work hard to prove their worthiness.\u00a0<\/span><\/p>\n If you\u2019ve ever watched the hit television series Shark Tank, you have some idea of what goes into getting investors to fund your business. If your presentation and supporting research aren\u2019t solid, chances are you\u2019re going to get rejected. Fortunately, there are some things you can do to improve your chances.\u00a0<\/span><\/p>\n <\/p>\n The pitch is your opportunity to sell your business to investment firms like <\/span>TCG<\/span><\/a>. Your goal is to make investors feel as passionate about your brand as you do. Your pitch must encompass a backstory, the demand for your product, how it solves a problem, and most importantly, how you will make money.\u00a0<\/span><\/p>\n When planning your pitch, you want to include creativity, visuals, and examples to provide investors with a tangible, up-close experience with your product or service. As you rehearse your pitch, don\u2019t forget to ensure you remember key points, make eye contact, show confidence, and add personality.\u00a0<\/span><\/p>\n Once you\u2019ve drawn your audience in, the next step is to share how they\u2019re going to benefit from investing with your business. That\u2019s where your finances come into play. You need to have detailed financial data that shows the business valuation, forecasts, and projections. Investors need to know what your company or idea is worth today, what it could be worth down the line, and how much revenue you can generate over time.\u00a0<\/span><\/p>\nPitch It Out Of The Park<\/b><\/h2>\n
Back It Up With Finances<\/b><\/h2>\n
Organize Your Business Plan<\/b><\/h2>\n