How To Make Appropriate Pre Planning Requirements Before An Investor Meeting - PowerPoint PPT Presentation

About This Presentation
Title:

How To Make Appropriate Pre Planning Requirements Before An Investor Meeting

Description:

Most entrepreneurs have one thing in common: they are totally in love with their company and their product. They are passionate, enthusiastic and optimistic. They can't wait to tell everyone how their idea or product will change the world. (BBGV141220) – PowerPoint PPT presentation

Number of Views:25
Slides: 6
Provided by: mba2021
Category: Other

less

Transcript and Presenter's Notes

Title: How To Make Appropriate Pre Planning Requirements Before An Investor Meeting


1
How To Make Appropriate Pre Planning
Requirements Before An Investor Meeting
2
  • Most entrepreneurs have one thing in common they
    are totally in love with their company and their
    product. They are passionate, enthusiastic and
    optimistic. They can't wait to tell everyone how
    their idea or product will change the world.
    (BBGV141220)
  •  
  • During my decades of raising capital and running
    start-ups, I have learned a few things about
    preparing for investor meetings. If you're
    scheduling appointments with people who have the
    potential to write big checks, I recommend that
    you go your own waythe complete list. Following
    these guidelines will help you get funding and
    create valuable partnerships.
  •  
  • Do your homework Create a target list of "smart
    money" investors and do your homework on each
    potential client. Raising funds for your business
    is like any sales system. Gather leads, sort and
    prioritize those leads, and go through a process,
    typically using a tool like a sales funnel.
  •  
  • When entrepreneurs are faced with a fundraising
    challenge, most entrepreneurs will call anyone
    and anyone with an "angel investor" or "venture
    capitalist" sign on the door. This is a process,
    I suppose.
  •  
  • But it sure doesn't look very efficient. It's
    like knocking on the door in real estate sales or
    cold calling from a telephone directory as a
    stock broker.

3
  • It is much more effective to apply a business
    development mindset qualify leads first, and
    then work to get warm introductions, and finally
    work the sales process as you get off your list
    of compelling leads.
  •  
  • Before meeting any possible investor, learn as
    much as you can about him or her background,
    style, most successful bet and biggest failure.
    What does everyone know that could be useful in
    networking? Smart money investors bring much more
    to the table than fluid assets. They can also
    have immense value as you build your business
    influence and brand awareness.
  •  
  • Follow a strategic planning process I won't
    elaborate here, since a look at "Essentials of a
    Fundable Startup Business" sums it up nicely.
    There is no need to go through a full six-month
    process of the kind you would apply in a large
    company. But you must have a clear perceptive of
    some major components reference market, size and
    growth of the market, your unique value
    proposition, customer profile, competitive
    landscape, your product roadmap, your plan for
    12, 24 and 36 months, your milestones, especially
    over the next 18 months.
  •  
  • You should also have a rough idea of ??how you
    will earn, which includes your gross margins,
    your customer acquisition costs, a customer's
    total value, and your operating expenses over
    time. Without this basic knowledge, it is nearly
    impossible to raise external funds from angel
    investors or venture capitalists.
  • Develop a business plan and financial model The
    results of your strategic planning process form
    the starting point of your business plan. The
    medium strategic plan envisages a quarterly
    financial model over the next three years. As a
    result, it doesn't provide a very detailed view
    of expenses for the next 12 months.

4
  • But to truly understand how your business
    performs at a level that allows you to describe
    it to a potential investor, it is essential to
    delve into a monthly financial plan for the first
    18 months.
  •  
  • You should have right product it is important. It
    is also important to understand the profitable
    aspect of the opportunities you offer to clients
    and investors. You need to be able to explain
    your money-making strategies clearly and clearly.
  •  
  • Draw up a series of milestones Milestones are
    another outcome of the strategic planning
    process. Investors need confidence in your
    ability to deliver.
  •  
  • If you don't recognize measurable goals, how can
    they trust you will execute bigger plans? Or do
    you even know when you got where you want to go?
  •  
  • The typical process for raising venture capital
    in a Series A takes about six months. Gathering a
    seed with angelic investors isn't much different.
    The best entrepreneurs set some key short-term
    goals to be achieved in the coming months.
  •  
  • These small wins help build trust in your
    prospect pool donors. Each milestone should be
    real and relevant in terms of risk reduction.
    Find out what your milestones really mean and how
    you will track your progress against them.

5
  • Create a story that captures the problem your
    company solved When you are dealing with venture
    capitalists (VCs) it looks like producing a show
    for a short-lived theater. The same usually
    applies to angel investors, too, unless you find
    one who wants to "delve into" your technology or
    product and you can go out together. This can be
    an effective tactic for launching a highly
    technical product with target investors who are
    already rooted in your tech industry niche.
  •  
  • If you do all these prepalning it will be easy
    for you to get finance from the investor do
    foloow these steps before you meer any
    invesator .
  • CONTACT Us
  • Unit No.450, Mastermind One - IT Park, Royal
    Palms, Aarey Colony, Goregaon (E), Mumbai,
    Maharashtra 400065
  • Ph 91 8097027355, 91 9137256150, 91
    9222086563
  • Visit http//businessplansmentor.com/
  •  
Write a Comment
User Comments (0)
About PowerShow.com