Dating site customers are fickle, hard to please and will dump one site for another without explanation. Sort of like the worst person you've ever dated.
Serious investors want to know about your new venture's real revenue, team strength, registered intellectual property and other important elements.
Test your knowledge on the latest investor-to-entrepreneur terms and concepts.
As an active angel investor myself, here is my priority list of eight recommended preparation activities when you're looking for funding.
Forget creating the perfect pitch for investors. Instead, focus on creating a deck you can iterate based on actual investor feedback.
With potential investors, honesty is the best policy.
Ready To Launch
These three critical elements must be in place before you face an investor.
Make More Happen
Are you watching for those all-important clues? Here's how to do that.
You want to hear "yes,'' and you will survive hearing "no,'' but you can't work with a "maybe'' that never ends.
Equity? Debt? Which one is right for you? (Hint: think carefully before taking loans from friends and family).
And this skill is shared by the most successful business leaders in the world.
Ready To Launch
Having all the answers when you pitch investors will lead them to ask only one question: ""How soon can I sign up?"
Money-loaded VCs might seem intimidating, but armed with a few tips, entrepreneurs -- even those wrestling with financing for the first time -- can help level the playing field.
Getting venture capital funding is a constant game of selling, and it's far easier to sell yourself if independent third-party experts rave about you.