How To Get Investors for Your Tech Start-Up
Do you have a great idea for a start-up that could even impress someone like David Walsh Bronxville? Even if you don’t have much money saved up, there is no reason to go into debt or take out huge loans to fund your project. There are people that are regularly looking for promising start-ups to invest in. Connect with some investors and get the resources you need to get started.
Know Your Numbers
Before you even think about how you are going to structure your investor pitch, you need to know the analytics involved. You need to know your monthly operating costs and how you will price your products or services. Then you need to project how long it will take to break even.
You need evidence to show why you value your company at a certain price point. Use your valuation to determine how much money you will ask from your investors and what percentage of the company you will give to them. What is their rate of return? Investors will ask for all of this information so it is important to know it all at the top of your head.
Write Your Investor Pitch
Your pitch should be captivating enough to keep the investors’ attention, and compelling enough to make them want to get involved. It should explain the purpose of your company and how it can become successful. Keep it as simple as possible. The goal to answer questions within the pitch before they arise without going into too much detail to cause boredom.
If you can find the right investor, it will help you grow your business without the financial burden lurking on your back. There are many ways you can find investors to meet with. There are groups and clubs in many cities where investors meet with entrepreneurs. You can even connect with them in online groups on social media. If you can get the right investor, your start-up will be off to a good start.