If your pitch keeps getting dropped, perhaps you may want to avoid doing these deal-breaking maneuvers. Remember, investors are just like you, they have feelings, too. Investors are scared of untapped or under crowded niches. Try to focus on the top three competitors. Some good terms to have under your vocabulary are “paradigm shift” or “Disruptive Technology”. Don’t forget to lead with offering free solutions to your customers, as well.
Key Takeaways:
- A positive first impression can quickly turn negative if you innocently seem to violate business basics while profiling your new venture
- Investors like Guy Kawasaki, have irreverently called some of these “entrepreneur lies,”
- Investors look as much at the people as the idea
“You only get one chance for a great first impression with investors, so don’t let any of these red flags destroy yours.”