#EcodexSobatEnergy

Coaching Class 4 STOQO

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istantodian

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Pitching our business idea for investment: We have to show that our business can strive and knowing the profitability and growth. The founder should have an ability to drive and a great idea. So that identify our potential partners is very important according to both skills set and personality. What chose the right combination of skill and characteristic of business partner to take benefit of complementing each other. Dealing with customer and business partner is vital capability that our team should have to handle investor and build up the networking. Personality mismatches is something that can lead to a business failure so find the best team not only in the area of skills diversity but more importantly the personality mate. Founder should do a clearly assigned roles of each team from the start. Writing the planned and craft the pitch. Short and explaining the business. The key is to convey why the business is worth to investing in. what kind of value we create for the customer. The value preposition must be framed in numbers and quantity of the customer market to gain commit from the investor for our business. The pitch started from the single initial market and the steps to create a new potential opportunity to grow the business. Grab the attention is vital as well. We need to do research of the investor in terms of their past project they were investing in and if it successful then we have a chance to lead a consistent market by showing our product and its competitiveness. Do follow up is needed and don’t be afraid to do it. Everything must be back to numbers, research, and a plan. Our job is help the investor to imagine what our business could be like someday with their funding. People factor is very important in regard with the relationship. Many of investment that we can get from the investor. What kind of funding type that available for startup. Most common one is angel investment. It is usually help us until MPV and launching. The second is venture, in the form of loan or debt. It is also quite common if we don’t really want to share the equity. The third is venture equity that can give us capital by taking certain of share.
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