The questions you ask an investor reveal more about you and your business as the answers. Many entrepreneurs focus on acing investor meetings by having the perfect answers. But what if the most important part of your interview was asking the appropriate questions?
Finding the right investors is vital for your startup. They can also provide valuable mentorship and connections that will aid your business in its growth and shape its trajectory.
In addition, to the typical questions about your business’s model including your the management team and financial projections other such things, you must be prepared to answer any difficult questions about your company’s risk or challenges and the potential hazards. You should be prepared to explain how you plan to overcome obstacles and how you are committed to the success of your business.
Lastly, be prepared to discuss the terms of any investment agreement. In general, you’ll need to negotiate with investors to negotiate the best terms that your company can get. This will include the percentage of equity you’re willing give up for funding and any other conditions you may have regarding your investment.
You must be able to present the way your unique value proposition will yield a substantial profit for your investor. This is a fantastic opportunity to highlight the unique characteristics of your business and explain how they impact the market.