Wednesday, July 31, 2013

Secrets To Pitching Investors For Big Money

This is not only worthwhile in the case you have entrepreneurial aspirations, but also when looking at possible investments. From CNBC



Here are their top 10 tips for presenting a winning pitch:
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.

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