How do you know when NOT to listen to a potential investor?
Brittany Salas
6 replies
When I leave an investor meeting with new ideas and creative buzz and it makes me want to purse the deal. Sometimes I leave knowing he or she has no interest in sharing our vision but can take bits and pieces of the feedback to improve our pitch. What "gut feeling" do you trust when it comes to listening to potential investors?
Replies
Matthias Strodtkoetter@matthias_strodtkoetter
Angle Audio
There's a line in the book "INSPIRED" that resonated with me. I think it was: "listen to all the feedback, but don't write it down."
To me the important part is not trying to figure out which advice is good and which is bad. I just try to learn as much as possible. I always focus on learning as much as possible so that when the time for decisions comes, I am as smart as possible.
I feel like this mindset frees me up and it feels much more productive listening to feedback this way. It also makes me ask better questions.
Share
Put yourself in investor's shoes and figure out what investor is getting from giving this advice. In another words does investor do it to further his/her own needs (for example to grow the company fast and sell it asap) or to actually help the current situation long term. Ask yourself what would you do in his/her place?
It really depends on the quality of the investor. If they are a notorious / famous investor and they are giving you advice, you better listen. But if it's just some bozo who thinks he is enlightened and knows everything it is probably better to just listen to your gut instinct.
Its very fundamentail to understand that this is very tricky. The insights shared by investor will constitute sometimes changing the vision, and pursuing which might make your product market fit. I would say decision making should be logical and based on the state of your startup. So decide by yourself putting all the information at hand and make that choice.
This comfortable and good standard of living I now enjoy with my
family, is all thanks to you Mrs Doris Ashley , before now I had a
low income and did a lot of online trade which no profit, but you can
like an angel and change all of that in just one week, you turned my
$500 to $5,000 with your intelligence as an expert and from that day I
had made more profit each week investing more, there is no amount of
thanks that will be enough for what you have done for me and my
family, but I promise sir I will speak of your honesty, handwork and
trust to the world, this is dream come true for me for finding a legit
Account manager like you, I advise the entire public to invest with Mrs Doris Ashley and be financially stable contact her on the following
LOST BITCOINS RECOVERY TESTIMONY
Being a scam victim can be depressing, you were given empty promises. They usually stop replying after achieving their aim which hurts even more, i have been there too as I was too ambitious and wanted to get back my lost Btc worth $412,000. I never thought I would be getting back a dime back and already lost hope until I contacted this Verified Recovery expert Morris Gray which was with a leap of faith, as I wasn’t going to go down without a fight. I was able to recover a significant part of my BTC through these recovery experts. Do not brood alone, make a move too. Write to him on email at ( MORRIS GRAY 830 @ GMAIL COM ) or whats app +1 (607) 698-0239 for Quick responds.<<