The three things you need to know before you meet with an investor by geoffrey byruchif you are looking to invest, here are the top three things you need to known before meeting with an investor

For the millennial entrepreneurs, many have used crowdfunding sites such as Kickstarter or GoFundMe to raise enough capital for their business venture to launch.. What if you need more

T H E T H R E E T H I N G S Y O U N E E D T O K N O W

B E F O R E Y O U M E E T W I T H A N I N V E S T O R

B Y G E O F F R E Y B Y R U C H

W E H AV E A L L S E E N T H E S H O W S H A R K TA N K

W H E R E E N T R E P R E N E U R S A N D B U S I N E S S

P E O P L E C O M E I N L O O K I N G F O R AT L E A S T

O N E O F T H E S H A R K S T O I N V E S T I N T H E I R

C O M PA N Y

W H E N S TA R T I N G A

C O M PA N Y, T H E S I N G L E

B I G G E S T P R O B L E M

E N T R E P R E N E U R S F I N D

T H E M S E LV E S W I T H I S

F I N D I N G T H E C A P I TA L

O R F I N A N C I A L F U N D I N G

N E C E S S A RY T O TA K E

T H E I R B U S I N E S S T O T H E

N E X T L E V E L

For the millennial entrepreneurs, many have used crowdfunding sites such as

Kickstarter or GoFundMe to raise enough capital for their business venture to

launch

But what if that amount isn’t enough? What if you need more to take your business from a startup to a full-fledge company?

As you can see, the road to

funding isn’t easy It is

difficult to get people to

invest simply in an idea.

That being said, the best way

to get people to invest in you

is simply through the confidence, knowledge, and planning you are able to bring into each and every meeting

Below you will find three big angles you need to perfect before

meeting with any type of investor

By ironing out these concepts, you will be able to internalize your business on a deeper level and for the betterment of your company.

1 P E R F E C T Y O U R S T O RY

• When you talk about your company, be emotional, passionate, and confident Tell them about your personal and professional background, your history, the company’s history, the product, and the overall drive for your company and your product Walk them through your solution.

• When you we are talking about your story,

we are not asking for you just to talk about

the product

• We are looking for you to talk about the

overall holistic idea behind the product

Keep in mind that investors aren’t just

investing in the product or the company,

they are investing in the person

To help you with this, make sure you practice your pitch

Remember that saying, practice makes perfect? Well that phrase definitely applies here Make sure you have internalized your speech

Know every turn and topic and ways that you can enhance it Be prepared

to tell them what your company does, who you are, and how you got there

2 K N O W T H E

N U M B E R S

W H E N I T C O M E S D O W N I T, Y O U

WA N T T O M A K E S U R E Y O U A R E

C O M F O R TA B L E W I T H A N Y O F F E R S

A N D D E A L S

B E F O R E Y O U S E T A G O A L , K N O W

T H E P R O F I T, R E V E N U E , A N D

E X P E N S E S T H AT Y O U R C O M PA N Y

H A S E N D U R E D O N A M O N T H T O

-M O N T H , Y E A R - T O - Y E A R B A S I S

H AV I N G A S T R O N G

U N D E R S TA N D I N G O F Y O U R

N U M B E R S C A N B E T H E D E A L

B R E A K E R O F W H E T H E R O R N O T Y O U

G E T A N O F F E R

I N A D D I T I O N , K N O W T H E S P L I T, O R

D E A L , Y O U A R E L O O K I N G T O M A K E

P L AY A R O U N D W I T H T H E N U M B E R S

A N D T E S T VA R I O U S E X T R E M E

O F F E R S A N D H O W T H E Y C A N

B E N E F I T Y O U R C O M PA N Y ’ S F U T U R E

3 W H AT I S T H E

M O N E Y F O R ?

M A N Y T I M E S , I N V E S T O R S WA N T T O

K N O W W H AT Y O U P L A N O N U S I N G

T H E M O N E Y F O R A F T E R T H E Y

I N V E S T

T H I S M E A N S T H E Y A R E L O O K I N G T O

S E E T H E VA R I O U S S T R AT E G I E S Y O U

A R E TA K I N G A N D W H E T H E R O R N O T

Y O U A R E O P T I M I Z I N G T H E I R F U N D S

T O T H E B E S T O F I T S A B I L I T I E S

B E U P F R O N T A B O U T I T I F

I N V E S T O R S D O N O T A G R E E W I T H T H E

P L AY Y O U H AV E L A I D O U T, I T M I G H T

B E F O R T H E B E S T T H AT Y O U PA R T

WAY S I F N O T, T RY A N D S H O W T H E M

H O W T H AT F U N D I N G C A N B E

B E N E F I C I A L F O R Y O U R I N I T I A L P L A N

I F T H E R E I S A WAY T O R E V I S E I T F O R

T H E B E T T E R , A L S O TA K E T H AT I N T O

C O N S I D E R AT I O N