The mind of an entrepreneur is a house of big dreams. The entrepreneur vision is to see what was an idea grows to a mega fortune company with branches and so on. They are ready to give everything they can just to see the idea turn into a reality. The entrepreneur has to invest capital to the business to see it get started. The basic sources of capital which most entrepreneurs start with are personal savings and bank loans. 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. However, you want the business to expand now. You want to fly your way to success. The same way you required for funding for the startup, you will need funds to expand.
This time round, you have the investors to woo. Follow these tips and you will impress your way to success.
How you make the first impression to the investor is very important. The same way an employer makes an image of you in the first eight seconds, the investor too. It is good to appear professional and serious for the meeting. Ensure that you have a new suit and be briefcase for the day. Ensure that you have an oozing car to turn to their offices. Look for private car company that you 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.These could be the influencers to the decision making and it is important to sway them to your side.
Get to the point with your margins quickly. The goal of the investor is to see the margins he gets and won’t buy your vision unless you give value. In this regard, they want a picture of trusted past and a future they can believe in. Try any bullshit and they will sniff it very quickly. These are investors and not gamblers are only will only commit their resources where they have returns guarantee.
The next point is to sell them the future. They are looking for a place with consistent long terms 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. If you succeed in showing the investor the potential of penetrating new markets and growth of the revenue stream, you will have won a deal. Regardless of what it takes, see to it that the investor can see the picture and you will have impressed your way to success.
More information: http://www.moonproject.co.uk/