Tuesday 2 February 2016

My Big Plunge, bringing you entrepreneurial stories and more




My Big Plunge is an online platform that focuses on entrepreneurial stories. The entrepreneurial environment is booming in India right now and is on an upward surge. Investors too are aware of this revolution and are keen to invest in good start-ups with good ideas.

If you have an idea and want to start your own venture, it is important to have funding. Angel investors are talk of the town right now. Here are a few things that you have to keep in mind to get their attention.

Firstly, be to the point and be engaging. When you meet an investor, you should not beat around the bush. Remember to be to the point. At the same time you have to be able to engage them and get inside your idea and understand your plan so that they can also relate to it and feel a part of it. Also, remember to be honest. Don’t try and embellish your business, be transparent.

You may have started off on your own but it is not possible to continue that way. You need a good team. Build a team that has the same passion as you and understands your product or service just the way you do. They have to have the same fire in the belly as you do. Angel investors also look into who they are investing.

Starting your own venture is really tough. It requires determination and focus. Investors notice the determination you have. They have at some point of time have been indian entrepreneurs themselves. They therefore understand what it is like to be in your shoes. They also recognize the determination and focus you have.
 
Next and one of the most important things that you have to keep in mind before meeting an angel investor is that you have to do your research. You also have to look into the angel because they have to have the same interests as you do. Ultimately, they will be becoming a part of your dream. Therefore, it is important that you know whom you are aligning yourself with.

No comments:

Post a Comment