Do not convey a sense of helplessness or poverty in your presentation. A poor individual can never be trusted with riches, as investors are aware. The fundamental justification for looking for investor partnerships is that they shouldn't ever be driven by desperation.
Investors don't go in to save a failing business; instead, they become attached to those that show signs of certain future growth.
The main idea for investors is to put their money where it will grow. They are not there to donate but to invest. You must reveal to them exactly how you are going to grow their investment if they are to invest in your business.
I noticed that the majority of Africans tend to receive free gifts. Now, even in business, people are running their businesses with this approach of wanting to be saved.
Another important thing to take note of is that investors will not easily invest in an idea. You should initiate the foundation of your business. Invite them to a business that is doing something.
So it will be difficult to invite investors to fund an idea. There are so many ideas out in the world. Everyday people bring new ideas. Including those investors, they also have lots of ideas that they have not yet implemented.
Errors some individuals make
Now most people who have brilliant ideas that are paying off, they don't look for partnerships. Unfortunately, they will seek partnerships only when the business is no longer performing well, which is the greatest mistake that most people make.
Before investors come on board, they will require an authentic financial report to see how much your business has generated at least for 3 years, supported by bank statements. So it is very difficult to lie to investors.
The best time to invite investors to your business is when it is at its peak. In that time you should invite partners to grow the business higher and it will be easy.
Unfortunately, we look for investors to rescue our failures. Do you think investors are that foolish? I don't know why poor people always think that they can manipulate and trick the rich in a situation that is not favourable.
A person who can build wealth is very smart to always know what doesn't work. Never invite an investor with bad intentions.
Also never invest in a desperate person, you will become the source of income and the owner of the idea will become a parasite that will sack your money until you drop.
Don't associate your business with a desperate person for he/she is capable of doing anything to get out of desperation.
Poverty is the greatest enemy of integrity, it makes people do the unthinkable. Never displayed poverty in exchange for sympathy. Poverty chases away money.
Regardless of your situation, the moment you step out of your house, display confidence and richness. Be presentable and when speaking to people, look them in the eyes, don't hide your face.
Remember you are not a victim of life, you are a Victor. Anything that may go around your life, can only be solved by yourself. Keep fighting, keep trying.