Yugocean
Valued Contributor
An entrepreneur needs an investor for a startup, and convincing the investor is an art.
Spirit Of Intrest
Generally, investors invest money in a business that they have experience with or are interested in. For example, if the sector of an investor has been the textile industry, then he will not invest money in any other startup unless he believes that the startup is associated with the textile industry in some way or the other.
Adopt the spirit
You have to adopt this spirit when persuading the investor to invest.
Spirit Of Intrest
Generally, investors invest money in a business that they have experience with or are interested in. For example, if the sector of an investor has been the textile industry, then he will not invest money in any other startup unless he believes that the startup is associated with the textile industry in some way or the other.
Adopt the spirit
You have to adopt this spirit when persuading the investor to invest.
- If your startup is agriculture, then you can say that agriculture will produce cotton, which is the raw material for the textile industry.
- If you have startup machinery, you can tell that the equipment for the textile industry will be produced on which the textile industry rests.