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14 questions that you must answer to investors to attract capital
Startup managers often find themselves in anxious situations during meetings to attract investors, especially if the success of these meetings determines the fate of their business. During these meetings, you must quickly provide a lot of information about your business and persuade your audience to invest. Investors will ask a variety of questions about your competitive advantage, competitors, team, and actions taken at the startup to assess the likelihood of your business’s success. By being aware of the questions investors will ask, you can prepare the best answers and be ready for the meeting. In this article, we will examine 14 common questions asked in pitch meetings.
1-What is the primary purpose of your products or services?
Every business should have a specific goal, whether it is offering a completely new product or satisfying old needs in a new way. It is crucial to explain to investors what your business is, what needs it fulfills, and how it does so. To prepare for investor meetings, it is best to identify existing problems with the help of your team. Raise issues and challenges without confrontation to find solutions for them. During investor meetings, many people may doubt your idea and see the potential for failure more than success. You must have a…