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Raising Capital? Know Your Value So You Can Communicate it to Investors

As a start-up founder, finding ways to raise capital is probably one of the top three challenges keeping you up at night. Whether you’re trying to convince a family member or Silicon Valley investor to give you money, one key element for success is being prepared to clearly communicate your value and plans for growth and profitability. So in the words of Will Smith, “If you stay ready, you ain’t got to get ready.”  Here are a few questions to guide you in clearly communicating your value: In 60 seconds or less, how can you convey the unique value proposition of your startup’s product or service? For an investor who’s pitched often, time is of the essence. Prepare and practice a 1-2 sentence compelling story which highlights: The problem you solve. The benefits that make this product or service stand out from the crowd. The key to winning a person over with this statement is to entice them to want to learn more. Most importantly, avoid catchy phrases and buzzwords. For instance, ...

Feb 10, 2020