ARE YOU LOOKING FOR YOUR START-UP FUNDING?
by Maham Khan
Well, every great Start-up requires a healthy financial partnership with investors. Therefore, every investor is looking for a smooth profitability. So, to check whether your Start-up will be good enough for their investment. Investor will ask you certain questions to clear their doubts regarding your business plan. Answering those questions is very crucial because investor’s decision depends on that. So, buckle-up and prepare yourself to answer the following questions in a smart way.
ARE YOU LOOKING FOR YOUR START-UP FUNDING? GET READY FOR TOP 5 QUESTIONS INVESTOR WILL ASK!
Question 1: Whats Your Point Of Difference?
Investor is talking about your unique selling proposition (USP). Quality of your product, features and core strength to compete with your competitors. So, you need to prepare yourself to pitch your competitive advantage and convince the investor that your product will do great.
Question 2: Are you capable enough for this investment?
Here, you need to put an effort to show that you are the best in the business. You need to show your achievements, past experiences and your success stories. You need to show your full command of knowledge in the particular domain you are aiming for. Show your passion and expertise and investor will be convinced on your approach.
Question 3- What’s in it for me?
Investor is only looking for the return on their investment. So, you need to be crystal clear on how you will going to repay him. You need to be honest with the investors and share your game plan to increase your value.
Question 4- How much realistic you are?
You need to tell the investor regarding market dynamics and be specific in showing expected growth in near future. It is better to show them calculations to make things more realistic. You need to show them realistic revenues and profitability. Investors will be more interested to invest in Start-ups having sustainability.
Question 5- How much knowledge you have regarding your market?
It is best to referencing your competitors to show them your hold over the market dynamics. It will show your credibility and your knowledge. You need to expose yourself in term of understanding about your market and how you are planning to cope with it.
We wish your Start-ups to be successful and hope that you cope with any situation in your journey towards success. Remember us, if you need any help.
April 5, 2018
March 20, 2018