You have a great idea that has developed into a business concept and now you’re ready to share it with the world! But first, you need investors who believe in your idea as much as you do. So much so, that they are willing to fund your business concept and expect a return. Much of this important decision is based on your investor pitch. Here are ways to excite potential investors and encourage their check writing skills.
Prepare Your Investor Pitch
Investor pitch # 1–don’t wing it. It doesn’t matter how passionate you are, or your beliefe in knowing your business concept inside out. Preparation is paramount. Investors aren’t only interest in your concept, they are also investing in you. While listening to your pitch an investor is asking themselves,
“How well does this potential client prepare?”
“How clear can they make a point?”
“Have they developed their conceptual presentation?”
So, plan, prepare and practice your pitch before you walk into that conference room.
Problem and Solution
The second, but equally important pitch tip is present a clear and concise problem your market has and your plans on providing a solution. Pain points and solutions are the art of business. But, the art of landing a supportive investor is communicating these effectively.
A great way to test your communication skills is by practicing your pitch to a non-bias audience. Do not provide visuals, just speak to them. Then, ask if they can clearly and easily understand the identified problem and what you intend to do to solve it.
The final pitch tip to land an investor and get funded is perfecting your business model. An easy way to present your business model is through a professional business plan. Bargain Business Plans specialized in creating a plan that speaks directly to the heart of investors.
Your business plan is more than just numbers. It should include your model, financial projections, brand message, and information on your team. Your business model should be presented like a story and make your investor feel like the main character.
Use these investor pitch tips to land the funding you need and get your business doors open.