BROADCASTS.com

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. In meeting with a prospective investor, come prepared to discuss the following: Sales -- ALWAYS have something to say about customer interactions. Even at the pre-revenue stage, talk about prospective customers and their reaction to your product idea. If you have existing customers, talk about the value those customers receive from your product. Team -- talk about your team and how they are closing sales, generating leads, building product, and in general, how great they are. Product -- talk about the ROI the customer is receiving from the product. Don\u2019t talk about how the product works in minute detail. Stay at the benefits level. Fundraise -- talk about how other investors are interested and demonstrate your fundraise traction. If you\u2019re not ready to raise funding, then use the following: \u201cI\u2019m not raising funding now, but in six months I will launch a fundraise. Here are my results so far. May I keep you informed of our progress?\u201d Also, ask questions of the investor such as: What do they invest in?What can they do for their investments beyond the check writing?What advice do they have for you based on what they see so far?Who else do they recommend you talk to? 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 For Feedback please contact info@tencapital.group