April 10, 2010 at 19:364 answers that will bring you money
Epigraph:
“An investor is a smart person who has money. There are no fool investors. This is an axiom ” A. Moreynis
Today at Startup Weekend Arkady Moreinis told how to properly prepare for the presentation of his project to an investor. His advice was so concrete and simple that it was a sin not to outline them and pass this useful knowledge to everyone. Perhaps the presentation of Moreinis was the most useful and interesting for today ( pruflink ).
So, Arkady Moreinis urges to answer only 4 key questions at a meeting with an investor.
1. What? What is the essence of your product? What will your product do? What are its unique properties?
2. Why?Why should your project play in the market? This can be unique marketing, a unique way to attract an audience, etc. And most importantly, why other competitors will not be able to repeat this.
3. Why? What will be the strategy for your exit from the project, and you need to think about it from the very beginning, the investor needs to know your intentions.
4. How much? What do you have now? What will the investment go to? How much do you plan to earn?
As Arkady Moreynis frankly said: "The main reason for the failure of a startup in front of an investor is that people come with complete bullshit . " Yes, the truth is. Therefore, to begin with, clearly answer for yourself these four questions, and if you succeed, then feel free to contact the investorArkady Moreynis .
“An investor is a smart person who has money. There are no fool investors. This is an axiom ” A. Moreynis
Today at Startup Weekend Arkady Moreinis told how to properly prepare for the presentation of his project to an investor. His advice was so concrete and simple that it was a sin not to outline them and pass this useful knowledge to everyone. Perhaps the presentation of Moreinis was the most useful and interesting for today ( pruflink ).
So, Arkady Moreinis urges to answer only 4 key questions at a meeting with an investor.
1. What? What is the essence of your product? What will your product do? What are its unique properties?
2. Why?Why should your project play in the market? This can be unique marketing, a unique way to attract an audience, etc. And most importantly, why other competitors will not be able to repeat this.
3. Why? What will be the strategy for your exit from the project, and you need to think about it from the very beginning, the investor needs to know your intentions.
4. How much? What do you have now? What will the investment go to? How much do you plan to earn?
As Arkady Moreynis frankly said: "The main reason for the failure of a startup in front of an investor is that people come with complete bullshit . " Yes, the truth is. Therefore, to begin with, clearly answer for yourself these four questions, and if you succeed, then feel free to contact the investor