GIT When You Intend to Bring an Investor Onboard Discussion
Description
How do you know an investor is a good fit with your particular venture? What factors do you want to keep in mind as you look for investors for a growing venture?
I also need a 1 paragraph (5-6 sentences) response to the following post:
Kennady post
There are many considerations one must take when determining if an investor is a good fit for a new venture. Specifically, a potential investor should be knowledgeable about the business and all of its different facets. Investors should be well connected with your specific industry and the associated pros and cons. There are many factors that are important to understand when operating in specific markets and this information must be thoroughly understood by all investing parties.
Another important factor to keep in mind when looking into investors is considering what they are trying to get out of the relationship. Not everyone will have your new ventures’ best intentions at heart. There is a very real potential at coming across investors who just wish to make a quick buck or worse take advantage of your company in the short term. These relationships are usually not worth the effort. Lastly, investors should be personable and communicative. In order to truly succeed in any business, one must learn the art of communication and delegation.
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