Every entrepreneur mind is a house where big dreams play. The entrepreneur has a vision of seeing what was a seed idea grow into a mega fortune company with branches all over. They invest whatever the can towards making the idea a reality. The entrepreneur has to invest capital to the business to see it get started. Personal savings and bank loans are the most common forms of fund sources for the startup. There is a sense of joy when you invest in the business and it succeeds.The business might have kicked at a trajectory that you never expected. The next thing that you want is the expansion of your business. You are planning to take flight to your success. You require funding for expansion the same way you did for the startup.
This time, you want to woo investor to giving you the funds. These are nice tips showing you how to impress your way to success.
How you make the first impression to the investor is very important. The investor too takes eight seconds to make your first impression like the employer does. It is good to appear professional and serious for the meeting. Get a new pair of suit and a new briefcase for the day. Turn to their offices with an oozing car. Achieve this by going to a private car hire company that you can trust. Be charm and polite to everyone.
Prepare in advance the best handshake for every person in the premises. Investors have staff that are in close circles to their decision making and it is vital to have them on your side.Sway these people to your side as they can be the one to influence whether you get the funding or not.
Fast move on and show the margins. The investor won’t buy in your vision unless you show what margins he gets after investing with you. In this regard, they want a picture of trusted past and a future they can believe in. They will sniff out any bullshit very quickly. They do not gamble but invest and are only willing to fund resources where they can get results.
The next point is to sell them the future. They want an investment with predictable long term returns. Show them the stability and expansion of the market. They are interested to hear how your business I best positioned to take advantage of the future market expansions. The chances of impressing the investor are to show potential of growth onto new markets and growth of your revenue stream. Whatever takes, you have to make sure the investors sees the rosy picture and you will have started out on your way to success.