Top 7 Misconceptions Regarding Startup Financing
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#1 - The Startup Financing process is about one thing - Money
#2 - If your Team is strong, show the team slide early in your pitch.
#3 - All investment pitches have the same structure.
#4 - Avoid bringing up anything that might paint your business as risky and decrease investors' confidance.
#5 - Arguing that you have no prospective compititors is a strength.
#6 - Don't Compare yourself to other companies because you're unique.
#7 - Focus on today's pitch. The future will take care of itself.
How do you successfully pitch your business to investors? As an entrepreneur and venture capitalist, I've been on both sides of the funding process.
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