Avoid the Common Blunders When Pitching Investors

Probably not much new, but always a good “back to basics” kind of article that is a good refresher for new and seasoned startup founders a like.

Five Worst Mistakes Entrepreneurs Make When Pitching Angel Investors“, from Entrepreneur.com gives you the problems and the fix for each potential blunder:

Mistake No. 1: You don’t explain what problem your business solves.
The Fix: Share why customers will buy your product or service.

Mistake No. 2: You offer too many facts and numbers.
The Fix: Tell a story.

Mistake No. 3: You tout sales forecasts.
The Fix: Focus on the benefit your business offers customers.

Mistake No. 4: You’re too attached to your business plan.
The Fix: Embrace new revenue opportunities.

Mistake No. 5: You discuss ownership stakes.
The Fix: Save it for the follow-up.

Check out the full article, here.

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