Tuesday, July 30, 2013

10 Secrets to Pitching Investors for Big Money

Here are top 10 tips for presenting a winning pitch via CNBC::

1. Fully understand the market and where your company fits in it.

2. Have a sound strategy for acquiring customers, and know how much it will cost.

3. Have a good idea of the customer retention rate.

4. Articulate why you need investor dollars.

5. Present a solid plan for how you will spend the money.

6. Assemble a reliable, knowledgeable team with defined roles.

7. Have a solid focus for the business: Less is more.

8. Approach the meeting as a conversation.

9. Attitude matters: Be likable, while exhibiting a strong work ethic.

10. Demonstrate flexibility to change; building a start-up is a fluid process

Watch the CNBC video here.

1 comment:

  1. Hey, I think you missed out the most important part of raising money - how did they get introduced and who introduced them to each other? People give money to people they trust and not necessarily to the best ideas :)

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