CB Insights collect stories of real startups and analyz the reasons why they close. It turn out that many creators of Internet startups fac the fact that they were unable to receive funding in the requir amount on time.
To attract investors, you ne to learn to speak the same industry email list language with them. This is the language of facts and figures. Tell them and show them with specific figures that your project will bring income. It is important for investors to understand that the startup will be successful, they will not invest their money in it in vain.
Therefore, a startup to draw up a business plan
A financial model of the startup, and calculate the unit economics of the project. These figures ne to be demonstrat in a presentation so that investors can see the real value of the company.
Another tip: investors ne to show an MVP — a minimum chat bots in bitrix24. what is it and how to set it up viable product. This is the first version of a startup product with basic features. If there is no money to create an MVP, you ne to create a video about the product to demonstrate how it will look and work.
Let’s say you ne an investor to develop an app, but you don’t have the money to create an MVP. Then you can simply it a video in which you show the app’s interface, its functions, and capabilities. This will help investors understand the product.
Handling objections
One of the key tactics for attracting investors is to trust review anticipate and address objections before they have a chance to raise them. This will show investors that you are well prepar and have a good understanding of your business and the company’s potential problems.
Create a roadmap
A roadmap is not only useful for working on a project. It can be us to present the company to investors.
This type of tool tells investors about the steps you have already taken and what actions you want to take in the coming months or years.