The questions you ask an investor reveal your personality and your business as the answers. Many entrepreneurs focus on impressing investors by having the right answers. What if the most important aspect of your interview is asking the right questions.
Finding the right investors is vital for your startup. Beyond the money, they are able to provide guidance and connections that will help you expand your business and set the direction of your business in the years to come.
In addition to the standard questions about your business’s structure including your the management team financial projections, so on, you should be prepared to answer tough questions regarding your business’s risks and opportunities, as well as risks. You must be prepared to explain your strategy to overcome any obstacles and how committed you are to the success of your business.
Be prepared to discuss any investment agreement. Generally, you will want to negotiate with investors for the best terms possible for your company. This includes what percentage of equity you’re willing pay for funding and any other terms that you may need for your investment.
You must be able to present the way your unique value proposition can bring in a significant return to your investor. This could be a fantastic opportunity to highlight your company’s most distinctive attributes and show how they can help you stand out in the marketplace.