Flirting with Investors

Posted by Jeff Ignacio on September 15, 2007 under Business | Be the First to Comment

Thursday evening I made a pitch to some wealthy investors in regards to one of my projects. My partner and I were looking for an investment in the ballpark of $500,000 for the startup costs involved with our project. I’ll admit, I really do not have much experience when it comes to this type of sales pitch. By the end of the night, the investors were not ready to invest. It was a no. One of the investors wanted to see where we would be in 2-3 months, and from there further assess if investing would be reasonable.

I came away from the meeting feeling invigorated and reaffirmed that my partners and I are on a good path.