The Honest Way to Impress Your Way to Success
The mind of an entrepreneur is a house of big dreams. The vision which drives the entrepreneur is to see what started as a seed idea grow into a mega fortune company with branches located in several places. They are ready to give everything they can just to see the idea turn into a reality. The entrepreneur has to fund the startup venture. The basic sources of capital which most entrepreneurs start with are personal savings and bank loans. There is a sense of joy when you invest in the business and it succeeds.TIt might have succeeded in higher pace that you anticipated. The next thing that you want is the expansion of your business. You are planning to take flight to your success. The same way you required for funding for the startup, you will need funds to expand.
You need to woo investors to give these funds. These steps show how to impress your way to success.
How you make the first impression to the investor is very important. The same way an employer makes an image of you in the first eight seconds, the investor too. It is good to appear professional and serious for the meeting. Get a new pair of suit and a new briefcase for the day. Get a car that oozes to turn up at their offices. It is nice to go for private car hire company that you can trust. Charm and politeness are tow things that you must show at least for the day.
Learn the art of handshaking to anyone whom you meet to the premises. The investor has some support staff that they trust and it is only good that you make a good impression with these.Sway these people to your side as they can be the one to influence whether you get the funding or not.
Move into actions by showing margins. The goal of the investor is to see the margins he gets and won’t buy your vision unless you give value. In this regard, they want a picture of trusted past and a future they can believe in. Any bullshit will be sniffed very quickly. They do not gamble but invest and are only willing to fund resources where they can get results.
The next point is to sell them the future. They are looking for a place with consistent long terms returns. Show them that the market is stable and expanding. Their interests is to see how your business is suited to benefit from the fortunes of a future large market. If you succeed in showing the investor the potential of penetrating new markets and growth of the revenue stream, you will have won a deal. Whatever it takes, have a clear way of making them see this picture and you will have impressed your way to success.