Startup Funding Espresso How To Answer Questions Using Synthesis
How To Answer Questions Using Synthesis Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Synthesis can help in answering questions. Here are some key steps to answer questions: First, understand the question. If you don\u2019t understand it, ask for clarification. Try paraphrasing what was asked to ensure you understand the question. Determine what form the answer will take. For example, if the question starts with \u201cHow many\u201d, then the answer will be a number If the question starts with \u201cWhy\u201d, then the answer will be a reason starting with \u201cbecause\u201d. If you don\u2019t know the answer, then admit to the limitations of your knowledge and give what information you can. When you finish answering the question, then stop and wait for the next question. Don\u2019t start your answer until the question is completed. In fundraising, keep your answers short and to the point. Avoid telling a story for every question as this form takes a great deal of time. If an investor asks how much revenue you have, then give the number, $10K MRR, $100K since inception, or we are pre-revenue. Don\u2019t tell the story about how you started the business.\xa0 Synthesis helps you tune your answers to the questions asked. \xa0 Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding. Let\u2019s go startup something today. _______________________________________________________ For more episodes from Investor Connect, please visit the site at: \xa0 Check out our other podcasts here: \xa0 For Investors check out: \xa0 For Startups check out: \xa0 For eGuides check out: \xa0 For upcoming Events, check out \xa0\xa0 For Feedback please contact info@tencapital.group\xa0\xa0\xa0 Please , share, and leave a review. Music courtesy of .