Leveraging past success
When raising money for your startup, you’ll need to talk about your past successes. This is not the time to be humble. If you only have three minutes with an investor, you’d better be talking about what you’ve accomplished. Imagine you have only three minutes with an investor—this is your moment to shine. Just as on a first date, you probably will not be talking about your daily activities and this and that. You would really try to impress them.
⚡️ Investors want to see a team of Marvel superheroes, each bringing unique strengths to the table. While not every team member needs to be the most accomplished person in their field, they should each possess notable strengths. Think about your background and consider what you’ve achieved. Did you grow a company from X to Y? Did you manage cool tech teams or work with groundbreaking clients? Do you have deep expertise in a specific area? These are the achievements you need to highlight.
🔐 Validation is key. Simply showing an accomplishment isn’t enough; you need to back it up with concrete proof. Assign numbers to your achievements. For example, instead of saying you led a team, specify that you "Led a team of 50 engineers on a successful project." Instead of mentioning that you grew a company, say that you "Increased company revenue from $500,000 to $5 million." It's very easy to say something without validation. Try to sum up your most impressive achievements in two to three bullet points. It doesn't really cost much.
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