The first step in preparing to meet with an investor after locating possible candidates, is to land the meeting. This is when cityhour app comes in handy. Your future investor may have some time freed up due to the layover or just willing to spend the afternoon discovering new startups that seem interesting. If he or she accepts your meeting request, you’ll need to prepare the proper presentation of your business plan. When writing a business plan, be sure to focus on the Executive Summary, as this is likely the part that will make or break your chance of having a face to face meeting with an investor. When the day comes for your initial meeting, you are going to be nervous. Knowing what to expect can help eliminate some of this nervousness and tension. First, be thoroughly prepared to present your business model to the investor. Have confidence in your product or service, and present it in a favorable light. The majority of the meeting will consist of you presenting the business. Also, be prepared to agree to an investment that day. You can have a letter of intent in your briefcase, in case the investor proposes an agreement. This shows your confidence and ability to plan ahead, a good trait in any new business owner. Dress for success to the meeting. Wear a sports coat and tie, or a nice dress or pant suit. Remember, you are asking for money to become a business owner, so you should dress the part. Even if clothing has nothing to do with your business plan, your appearance makes a huge impression on an investor. With these tools, you can be less nervous about your business angel investment meeting. Remember, you are confident and have a great plan for your new business. Be prepared to let this confidence show! Confidence will be the key to landing the investment deal.
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