June 24, 2018
The 5 best pitching tactics that angel investors want to hear from entrepreneurs
One of the smallest tips I always hear for angel investors is “excel”. Entrepreneurs who want to get financing to start a new business or expand their existing businesses can use these five-tone tactics:
1. Create a tone that connects with the heart.
Use your speech to help investors understand you and your business ideas on an emotional level. Your presentation should be interesting, relatable, inspirational and relevant to the needs of the market. They want to work with passionate, promising and motivated entrepreneurs.
2. Your tone should connive with a well thought out business plan.
Your presentation should be evidence-based, showing the results and facts of the research; although do not take away the fun and striking tactics. This is an indication that you know what you are talking about.
Also, prepare answers to common questions that investors will launch: How big is your market? Who are your competitors? Why is your product better than others? What is your customer acquisition strategy? Is there a customer base and a market big enough for the idea?
3. A good business launch does not look like a spreadsheet.
Investors do not want long and complex business ideas. Instead, they want it to be accurate, simple, understandable, and easy to buy. You can do this by tapping into market analysis, but with a value-oriented message.
4. Have good momentum with your management team.
Investors do not want to get involved in bad associations. During your launch, radiate inspiration and confidence with your team. Make them want to invest and not raise their eyebrows.
5. Let investors want more.
Local business investors in Pakistan invested more than $ 5 billion in 2017. To get a slice of this pie, you need not just a solid conclusion: you need an exit strategy that tells investors how they will get their money back. They may love your idea, but if they do not believe they will make money from it, they will share their wealth elsewhere.
Investors will not just be there to finance their business. With the Social Responsibility Program, they are also there to advise you and spend time with you to help you grow as a person when entering the business world. They understand that pitching can be a very scary task. But when you have a great idea, a smart business plan and your talented team, you can impress the investors and get the funds that your business needs.