Before you approach
investors you should know enough about your startup to answer these five questions.
1.
What is your value
proposition? The answer points out what your company provides and why people
want it.
2.
Will customers pay for
the solution? nvestors want to know if
customers will pay for your solution.
Free usage is not hard to achieve but paying customers is required.
3.
Who is on the team?
About half of an investor’s decision comes down to believing in the team and knowing
they will be enough to reach the goal.
4.
Why is now the right
time? Is there anything in the deal that suggests now is the right time to
start this business. Why hasn’t someone
done this before?
5.
What is your exit?
This is one of the hardest questions to answer – how will the investor get
their money back.
Best regards,
Hall T.
