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Post by account_disabled on Feb 20, 2024 10:20:05 GMT
Therefore, if there is no such product, you should not look for investors. You need to prepare a business model and test it. What if it turns out that it is not as good and popular as it seems? We also don’t recommend looking for investors if you have absolutely no development funds. In this case, you can attract funding, but the more vulnerable you are, the less favorable the terms they can offer you. To do to attract investment: Create a minimum viable USA Phone Number List product ( ). This is an early version of a future product. There is a need to gain maximum understanding of customer behavior at minimum cost. For example, if a company plans to launch a multi-component service, you can start by creating a single-page website, observe the audience's reaction, and make changes if necessary to meet demand. Calculate unit economic benefits. This is an assessment of the profitability of one unit (unit) of a product or service. This calculation shows whether the business is able to make money, and if so, how much. Unit economics is a broad topic and we have a separate material explaining why it is needed and how to calculate it. Prepare a pitch presentation. This is a short project introduction (approximately 1 minute) that should answer potential questions from investors. Don’t make your pitch presentation more than one slide enough to get the point across. Don’t get carried away with words: it’s better to use numbers, charts and summaries.
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