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.
Take it from an entrepreneur who managed to get multiple offers from the Sharks.
No deck is perfect but the good ones all succinctly tell investors what they need to know to make a decision.
I didn't really need the truck back in 1991, but I learned to look for opportunities before I thought it was the right time.
Persuading investors is a long process of getting their attention, then their enthusiasm. It helps to be methodical.
You have more of a chance of attracting investors if you can speak to these seven critical areas of a new business idea.
If you want investors to take you seriously, you need to demonstrate your growth potential and prove you know your market inside and out.
Asking for an introduction to an investor without explaining why the investor will be interested reflects very poorly on you.
Ready To Launch
Springleap, which won a recent Techstars pitch night, aims to provides companies with actionable advice from its paid network of marketing and advertising professionals. As it struggles to gain traction, its founder looks forward to a new seed round.
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© 2016 Entrepreneur Media, Inc.