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Funding a business
4 Top Reasons investors wouldn't invest in your business
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[QUOTE="Jasz, post: 250180, member: 61772"] The reason is simple: They don't think you can do it. You need to convince them that you have a good chance of succeeding. Here are the top reasons why investors won't invest in your business: You don't know your market well enough. You don't have a plan for how you're going to make money from your idea. You don't have enough financial information about your company or its costs. You haven't built up enough credibility in your industry, or you haven't been in it long enough. The idea isn't unique enough; there are too many other companies doing similar things already, or they've already been done and failed. Your product isn't finished yet, it's just an idea on paper (or PowerPoint). It doesn't solve any problems that anyone has right now; it's just theoretical, or it's "pie in the sky" stuff that may work someday but not now. Your product is overpriced for what it does; people aren't willing to pay that much for it when there are cheaper alternatives available now or coming out soon that do basically the same thing (even if they're not quite as good). You're trying to sell something at retail (like a product) instead of selling services. [/QUOTE]
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