Questions

Looking to give a shot for an early seed funding. So would having rendered specs design of a prototype be enough or an actual bench mark model is propose to be a good visual. Obviously the numbers have to make sense with an ideal ROI for the investors but visuals is what I concerned about.

Being prepared is not only knowing about how to pitch, your financials or what is great about your idea. It is just as important to know what are the weaknesses, pitfalls and risks in your business. Put yourself in your potential investors shoes. What fears are you going to have to quash for them to be interested. It doesn't mean you have to have all the solutions but at least give them the confidence that you are aware of them and that you need to solve them.

It's already been mentioned, early stage investors are investing in you and your ability as much as the idea, if not more. Your goal is to give them the confidence you know what you are getting yourself into. You know it's not going to be a cake walk and yet you are still prepared to back yourself and the idea.

If you'd like to discuss further any specific details, I'd be happy to jump on a call.


Answered 6 years ago

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