Here are 10 tips — including seven dos and three don’ts — to build a pitch that will win over investors. For better or worse, you need a presentation deck to attract investors. Here are seven dos and three don’ts when pitching investors if you want to have any chance of gaining their interest. 1. Do think like an investor // All investors—angels, banks, even your grandma—want to make a…
Not everybody is a natural at giving presentations — it takes time and practice to assemble a great pitch and become adept at delivering it. Luckily, there are resources out there for people who are trying to get better and want to see how it’s done. 1 Million Cups // This program, held every Wednesday morning, gives local startups a chance to present their ideas to their peers and potential investors—and…
We take a quick look at one of TV’s biggest hits — by the numbers. 4 Seasons on ABC-TV 88 Entrepreneurs chosen to promote their company during the current season 30,000 Companies applied for that opportunity 7 Million viewers watch Shark Tank, on average $6.2 million The amount of their own money that the Sharks offered to invest in last season’s companies $10 million to $12.8 million The amount that…
Should you select big, small or both?It was handed down on the tablets. Small businesses shall bank at small banks. Large businesses shall bank at large banks. How sound is this logic in today’s banking world? While the logic remains a hard rule for large companies, it is now really more of a guideline for small businesses. Over time, a highly successful business will tend to outgrow its small local…
Building a “business road map” can help you get more from your banker and your business.Small businesses often overlook the importance of preparing an annual budget and business plan. Not only can these tools establish the groundwork for success, but creating them is an excellent way for business owners to have a meaningful conversation with their banker. The start of a new year is the perfect time to undertake this…