How most entrepreneurs initially present their idea to a Venture Capitalist.<\/p>\n
Me Me Me!<\/strong> Then they wonder why it didn’t work. The ask, “is it because they didn’t explain their vision clearly enough? mmmm, surely not… it must be because the VC is short sighted and doesn’t like or understand their idea?” So, the entrepreneur asks how can they get the VC to be as passionate about their idea, as once they do, surely they’ll invest?<\/p>\n It won’t work and they won’t (except in rare occasions), they’re only investing with the entrepreneur for one reason, to make money! They’re not interested in the problem, or the solution, or what the entrepreneur does, so the entrepreneur shouldn’t waste their time and effort trying to get the VC interested. The entrepreneur has to think like the VC! so if you’re presenting to a VC here’s the way to do it.<\/p>\n Show Me The Money!<\/strong> This doesn’t only work on VC’s, try this approach with your next client presentation, get all the guess work, the money & nitty gritty details out of the way at the beginning, then show them where there money is being invested, that way you’ll know right from the start whether you’re wasting your time or not, and if they’re really interested they’ll extend the meeting to talk through your ideas.<\/p>\n","protected":false},"excerpt":{"rendered":" How most entrepreneurs initially present their idea to a Venture Capitalist. Me Me Me! 2 mins Introduction: why they’re amazing 5 mins The Problem: why everyone else is wrong (why they’re amazing) 15 mins My Solution: passionately explaining their solution in depth (why they’re amazing) 5 mins Capital Expenditure: whiz through what they will spend […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,22],"tags":[213,135,401,403,404],"class_list":["post-1040","post","type-post","status-publish","format-standard","hentry","category-drivel","category-not-what-you-think","tag-be-unforgettable","tag-brands-marketing","tag-invetsment","tag-presentation","tag-venture-capitalist"],"_links":{"self":[{"href":"https:\/\/blog.brendanmitchell.com\/index.php?rest_route=\/wp\/v2\/posts\/1040","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.brendanmitchell.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.brendanmitchell.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.brendanmitchell.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.brendanmitchell.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1040"}],"version-history":[{"count":0,"href":"https:\/\/blog.brendanmitchell.com\/index.php?rest_route=\/wp\/v2\/posts\/1040\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.brendanmitchell.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1040"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.brendanmitchell.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1040"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.brendanmitchell.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1040"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n2 mins<\/em> Introduction:<\/strong> why they’re amazing
\n5 mins <\/em>The Problem:<\/strong> why everyone else is wrong (why they’re amazing)
\n15 mins<\/em> My Solution:<\/strong> passionately explaining their solution in depth (why they’re amazing)
\n5 mins <\/em>Capital Expenditure:<\/strong> whiz through what they will spend the money on
\n2 mins<\/em> The Plan:<\/strong> Blue sky 5 year plan on how the business will grow exponentially<\/p>\n
\n5 mins <\/em>ROI:<\/strong> What is their return and when will they receive it
\n10 mins<\/em> Capital Expenditure: <\/strong>How much investment you need, time frame, phases and why
\n10 mins <\/em>Risk Assessment:<\/strong> Company structure, detailing assets, IP, tangibles etc
\n2 mins<\/em> The Idea:<\/strong> The product
\n2 mins <\/em>You:<\/strong> Your background and history, contact details<\/p>\n