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8 Keys To That First Investment From People You Know

Startup Professionals Musings

You see, investors invest in people, before they invest in ideas or products. Friends and family will likely not expect the same level of sophistication on the business model and financials as a professional investor, but they do expect to see certain things. Practice your “elevator pitch,” and end it by asking for the order.

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How to Take Your Startup Elevator Pitch to the Top

Startup Professionals Musings

An "elevator pitch" is a concise, well-practiced description of your startup and your plan, delivered with conviction and enthusiasm, that your mother should be able to understand in the time it would take to ride up an elevator. A good elevator pitch is not just for an elevator discussion.

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Startup Funding – A Comprehensive Guide for Entrepreneurs

ReadWriteStart

You must have a prototype or a minimum viable product (MVP). One should also establish the proof of concept of your business before you can qualify for funding. Ground rules of funding. ? Firstly, not all businesses are fundable. This kind of funding is only applicable if the product is unique and innovative.

Startup 150
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8 Guidelines For Friends And Family Startup Funding

Startup Professionals Musings

You see, investors invest in people, before they invest in ideas or products. Friends and family will likely not expect the same level of sophistication on the business model and financials as a professional investor, but they do expect to see certain things. Practice your “elevator pitch,” and end it by asking for the order.

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7 Attributes of An Entrepreneur's Startup Dream Team

Startup Professionals Musings

Business credentials and functional coverage. Even if your product is a technological marvel, I look for balanced strength on the team in finance, marketing and operations. Investors are usually smart business people who love to be asked for guidance and direction, before they are asked for money.

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Will Your Startup Get Venture Capital or IPO in 2013?

Startup Professionals Musings

The market and venture capitalists are looking for business, but with a continuing focus on proven business models. Here are some key action items that may give your business some visibility: Start with an investment-grade business plan. Practice every step, including the elevator pitch to get the first meeting.

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8 Key Actions for Entrepreneurs Needing Early Money

Startup Professionals Musings

You see, investors invest in people, before they invest in ideas or products. Friends and family will likely not expect the same level of sophistication on the business model and financials as a professional investor, but they do expect to see certain things. Practice your “elevator pitch,” and end it by asking for the order.