Halloween Costume ideas 2015

HOW TO ATTRACT INVESTORS EFFORTLESSLY

Then what if you don't have a product or service yet. What if what you're trying to sell is just an idea? That's also cool. But i have some suggestions:

 HOW TO ATTRACT INVESTORS EFFORTLESSLY
Whether you're an entrepreneur or not, you still need funding. What happens when your source dry up, you look for investors? Nice idea, so how do you convince him that what you are offering is something he can give up some of his wealth for? Well, this is how you do it. In some cases you start with an interesting opportunity for the investors. Have a credible team, a good market, good product, something scalable, plus traction and validation. If it’s good enough, the money is yours.

Then what if you don't have a product or service yet. What if what you're trying to sell is just an idea? That's also cool. But i have some suggestions:

·  Present the problem and solution in form of a real life story because if you don’t come across someone who is super passionate about your solution, chances are investors won’t get excited.

·  Tie this story into statistics to prove your assumption. Don’t use percentages since investors might suspect that you hide small numbers behind them.

·  Show that your solution addresses not only your real life problem but a bigger issue on this planet and that you have a powerful vision driving you.

·  At the very early stage of your startup, investors invest into ideas, business models and people. Don't spend much time on showcasing or explaining an app or prototype.

·  Investors will ask questions. What seems to be attacks are simply straight forward questions to test how solid your idea and your business model is. Treat this input as advice rather than as a threat

Guess I have hit some nails on the head. I forgot to mention that you need to be bold. If you are the shy or timid type please find someone who will turn into one of these Lagos conductors or the so called Yan-Tasha in the North.

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Very educative piece keep up the good work..

YPM

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