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Are You A Fundable Entrepreneur?
Fremont: Are you dedicated to address the subpar performance by focusing on the following two factors: great innovative idea and a superb team? If yes, than you are a fundable entrepreneur. Investors tend to evaluate the entrepreneurs as one would evaluate for a co-founder or the first few employees of the company. Even if you have great credentials, you tend to be at high risk of investment. It is better to judge yourself of being fundable or not before going to an investor for funding. The following points will help you in it.
Do You Highlight Team Strength More Than Yours?
One of the major challenge in raising fund is having a great team and presenting them to the investors. Some entrepreneurs cannot stop blabbering about themselves and their accomplishments. When seeking an investment, one should remember that the team could influence the amount of investment to be done by an investor in your organization. So, it is advisable to talk more about the accomplishments and specialization of the team rather than self. The best person will focus on filling the gap, if any, by bringing in people who can increase the credibility of the organization.
