The questions you ask an investor reveal the same about you and your business as the answers. Many entrepreneurs are focusing on getting the most effective answers from investors in order to get the best results from investor meetings. What if you knew that the most important part of your interview asking the right questions.
Finding the right investors is vital for the success of your startup. Besides the money, they are able to offer mentorship and connections that can help you expand your business and determine the direction of your business for the years to come.
You should be able to answer questions about the risks and pitfalls, as well as challenges of your business. You should also be ready to discuss how you’ll overcome any obstacles that may be faced and how you’re dedicated to the success of your company.
Be prepared to discuss any investment contract. Generally, you will have to negotiate with investors for the best conditions for your business. This will include what percentage of equity you’re willing to give up to fund as well as any other requirements you might have to meet for your investment.
You must be able to explain how your unique value proposition could result in a substantial gain for your investor. This could be a fantastic opportunity to highlight your company’s standout attributes and show how they will create a positive impact on the marketplace.