It’s tricky to impress potential investors when you pitch your ideas. There are instances when you feel like you already got it in the bag, and you end up getting rejected. You need to remember these tips to help impress investors.
1. Come To The Room Prepared
Be prepared for the presentation to increase the chances of impressing investors. It’s also a sign of respect. If it’s obvious that you didn’t prepare, it will show in your performance. Preparing the meeting room is also necessary. You want the presentation to flow smoothly.
Checking the equipment for the presentation will be useful. If you have a projector mount, it will be easier to use the projector while you present.
2. Be Friendly And Polite
Investors are judging you not only based on your performance but also your attitude. Therefore, it’s important that you stay polite and friendly while you present. Respond properly when asked some questions. Smile and look optimistic throughout the presentation.
Avoid answering in a disrespectful way even if it seems like the investors are challenging your thoughts. It’s a test of your personality and ability to remain tough under pressure.
3. Be Truthful In Your Responses
You’re selling your ideas, but it doesn’t mean you have to lie to convince the investors to believe in you. It’s important for you to stay truthful in your responses.
If you don’t know the answer to the questions thrown at you, be honest about it. You can inform the investors that you will try to find the answers later and provide updates.
4. Show Your Willingness To Accept Suggestions
Some investors will agree to spend money to fund your ideas. However, it comes with changes to improve those ideas. Even if you believe in the strength of your business plan, you need to show that you’re open to suggestions.
Being open-minded is an essential quality when you pitch to investors. No one wants to partner with someone who already has a closed mind to new ideas. If you want to argue about the suggestions, it’s okay. Just make sure that you listen to the entire context first before you respond.
By showing these attitudes and qualities while pitching your ideas, it will be easy for you to impress the investors. You can expect a call any time soon to pursue your partnership. If not, it doesn’t mean you failed. You can look for other potential investors who might be a better match for you.
Learn from the mistakes of the previous presentation and use them to be better for future pitches. You may also ask the investors who rejected you about their reasons. You want to know what else you need to do to win over other investors soon.
Investors are searching for the perfect ideas coming from the right leader. Not everyone has similar standards. Therefore, you can’t lose hope when you feel like no one wants your ideas. You should remain optimistic especially if you’re in the middle of your presentation.