Saturday, October 19, 2019
Interacting with investors Essay Example | Topics and Well Written Essays - 500 words
Interacting with investors - Essay Example A business plan may be so nice and interesting, but too long for an investor to go through it. It leads to a rejection, not because it was a wrong plan, but simply because the investor never read it. Going through about 40 pages of just one business plan and they are hundreds of them is not only time-consuming, but also boring. Just as Selke puts it, it is important to write a brief email summarizing the whole business plan and very brief. The email should, however, be convincing and appealing trying to show the investor why he should put his money in the particular business and not any other business plans. One should never give up even after getting a rejection on whatever he thought was the best business plan. He should leave the door open by a friendly ending since the investors may call back in future for consideration. It is true that some rejections could be frustrating, but in business, one has to control the emotions and know that it takes endurance to succeed in business. W hen one throws insults at the investor because he rejected his business plan, the business suffers finally. The way to attract an investor is by writing a brief appealing and convincing email concerning the business plan and always leaving the door open even after getting a rejection. The email should not sound like the person is only interested in the investorââ¬â¢s money but has the desire to be part of the company. It is important to ask for feedback if nothing is coming forth and never give up even after several rejections.
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