The questions you ask an investor say just as much about your business and yourself as the answers. Many entrepreneurs are focused on impressing investors by having the right answers. What if the most critical part of your interview asking the right questions.
It is crucial to find the appropriate investors for your startup and at the appropriate stage of development. They can also provide you with valuable mentorship and connections that will help your company grow and define its path.
In addition to the standard questions about your business model, management team financial projections, others, you should be prepared to answer tough questions about your company’s risks and challenges as well as potential hazards. You should also be ready to describe how you intend to overcome any challenges that may be encountered and how you’re committed to the success of your company.
Also, be prepared to discuss the conditions of any investment contract. Discuss with investors in order to negotiate the most favorable terms for your business. This will include the percentage of equity you’re willing give up to fund as well as any other requirements you might need to meet regarding your investment.
You should be prepared to present your unique value proposition will yield a substantial profit for your investor. This can be a great opportunity to highlight your company’s most distinctive attributes and show how they will contribute to the market.
