The Silicon Valley mentality may do more harm than good if you only think about confidence, assertiveness and strutting up ideas. While it’s great to sell your ideas, and be audacious at it as possible, still some things can backfire. If you want to succeed in getting the right investor and business capital, then invest on transparency.
Investors Catch Up With Each other
Someone may call your bluff if you haven’t stayed true to your investors. Most likely, these people talk to one another about business prospects and meetings. If you aren’t consistent, you could develop a bad rap among investors if you resort to false advertising or misleading pitches. Stay true to your business.
Tell investors where your idea came from. Most likely, there are glaring facts out there why you thought you can put up a business to address them. Be truthful about your projections. Investors like ambitious businesses but they also put a lot of score on being realistic. You won’t be able to run your company for long if you just stick to ideals.
Value Inventors’ Time
Some like to assume that early-stage investors do decide based on gut and a few Google searches. This may be true but many angle investors take time to consider competitive analyses, market sizing and other opportunities before deciding. Assume this and don’t bank on quickly put presentations. Take your time to justify why you deserve their investment and make sure it’s true.
At Gapcap, we understand how crucial business capital is that’s why we made the process easier. If you’re looking for funding to support your venture, contact us today.