The best way to stand out from the crowd, according to Tan, is to build conviction. When you build conviction and share with your investors to show them what you see the business becoming, it is compelling to investors and adds a layer of faith in your business.When Tan receives a pitch, she looks closely at the business team.
Building a team that communicates effectively, supports each other, and is committed to achieving success is key to making your business thrive.The right investors are crucial to the success of your fundraising efforts. Finding investors that share your vision, understand your business, and have experience in your industry is critical. In addition, investors who have invested in similar companies can provide valuable insights and advice.
Confidence in your numbers can make all the difference when securing funding for your venture. By demonstrating a solid handle on your finances, you'll not only impress potential investors, but you'll also be better equipped to make informed decisions for the future of your business.Due diligence is how investors investigate your business before deciding to fund it. It can be time-consuming, and it's important to come prepared.