Today our guest speaker was Jorge Mata who considers himself an entrepreneur however, a classmate described him more as a professional fundraiser, very risque! Jorge has raised millions and millions of dollars for a variety of start-ups and says that he likes Angels best.
Some key points for those of you trying to look for investors:
1) You are the most important selling point. You need to love what you are doing. Investors need to feel confident that you will make this a success.
2)VALUE PROPOSITION....I repeat VALUE PROPOSITION: you need to be able to clearly communicate this
3) Scalability: Investors want to know that your business will grow
4) Management: make sure you have a diversity of talent on board
5) Process: this is what its all about!
These are the main things that are going to help you "get that money". And always remember money is Green!
As a side note: the main question that I would have liked to hear Jorge's answer to was his opinion on the difference between an Investor and an Entrepreneur. Maybe he will comment?!
Until next time :)
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