WHAT MOST INVESTORS ARE AFRAID OF
Credit
Many people dream of quiting thier job and starting their own bussiness, but they are afraid of failing. In each bussiness set up you must have the mindset of failing and losing. Yet becoming an entrepreneur is not a big deal. Almost anyone can be an entrepreneur for example, if a young boy or Girl can set up a bussiness with just 1000 naira and today earning thousand of naira as gain. This is what most professional investors are afraid of!!!!
GUIDE TO THE QUICK PITCH
A simple quide to pitching your investment focus on four main point.
PROJECT
- What is project
- Why is it unique
- Why is the bussiness needed
- Why will customers love your product
PARTNERS
- Who are you
- who are the partners
- What are your education background
- How are you and your partners qualified to make to make the project a success?
FINANCING
- What is the total cost of the project
- How much debt and how much equity is there?
- Are partners investing their own money
Most people are not afraid of failing, they afraid of being unable to support their family and feed their kids. A job offers a higher degree of security with lower risk (usually) whereas setting up a business is much higher risk but with possibly much greater rewards.
In a nut shell, Investors are looking for competence in whosoever they are investing into. Good insight @temmy8284
I think everybody is afraid of failure.