Revenge shouldn't be a motivation for wanting your product to succeed. Your motivation for wanting a product to succeed should be improving someone's life. PS My intent isn't to antagonize. Even if you meant for your comment to be taken as a joke, I just wanted to let any future readers, who might've taken it seriously, to know this.
An investor once told a friend to make him regret his decision for falling to invest in the pre-seed. They did! 5 years later he's the lead investor in their series A. Don't take it personal, because it's not personal!
I am thinking about a new type of restaurants : eating-spots, in eating-spots, food keeps changing, chefs also rotate, this is opposed to current restaurants, thanks to this rotation of food and chefs, eating-spots are way more powerful than restaurants, along with that, there is an app people vote for the food that will be cooked in the next days, menu is influenced by the live input of the people via an app
99% why not funded 1. Make rookie mistake - dont know who investor - blasting cold email 2. Character mistake - overconfident without searching - where money going 3. Fit matter - dont focus based on money only talk about interesting think, like who join, progression etc 4. Business basic - not traditional business - not easy to copy 5. Investor makes mistake too
aemeric English number 4 smh She really said it needs to be a big ground idea 🤦🏿♂️ my friend just wants to open a Thai restaurant in my neighborhood relax
@@ayeweballing2102 I mean he needs to be very good at it plus other seemingly non-tangible advantages he could pull off. It's upto him, just because it's dead straight traditional, conventional business, it doesn't mean he can't pull it off.
I have finished watching this video completely. (for 4 times @@) (我看完這部影片了) (看了四次@@) I am a Taiwanese who cares about the global affairs. (我是一個關心全球事務的台灣人) And, sadly, most of my fellow Taiwanese don't really care about the world. (但是，很不幸地，我大部分的台灣同胞不那麼在意世界。) Hopefully Taiwan can become increasingly globally-aware and globally-competitive. (希望台灣可以越來越有全球意識與全球競爭力。) God bless Taiwan. (天佑台灣。)
I have finished watching this video completely. (for 4 times @@) (我看完這部影片了) (看了四次@@) I am a Taiwanese who cares about the global affairs. (我是一個關心全球事務的台灣人) And, sadly, most of my fellow Taiwanese don't really care about the world. (但是，很不幸地，我大部分的台灣同胞不那麼在意世界。) Hopefully Taiwan can become increasingly globally-aware and globally-competitive. (希望台灣可以越來越有全球意識與全球競爭力。) God bless Taiwan. (天佑台灣。)
I started a business last week. I spent $75 to get it going. I had a hat and polo shirt embroidery with company info, printed business cards at home and made a display to hold the product I was selling. I wanted to see if people would buy my product in a different way than going to the store for it. I went business to business and made $150 profit the first three hours. The next day I spent 5.5 hours and made $300 profit with $500 in total sells. The next day was nearly the same. Within 3 days I spent 15 hours total and made $750 profit. My problem now is scaling the business and getting enough product to continue. Once this happens I will place ads and recruit people in other cities to mirror me. I have been contacting private label companies this week as my current one can't handle the amount I plan to sell. People make it so hard to start a business. I had an idea, tried it, and within 24 hours I had results. I told no one and just did it without thinking. Just go!
Alright... what were you selling/providing of services? No need to worry about competition, I'm in another country and I'm most into real estate and stocks. I've always liked the idea of starting a business though since my way of doing it is slow.
- Research investors thoroughly before pitching (02:20) - Avoid mass-emailing your pitch to investors (02:37) - Ensure timing is right when approaching investors (02:54) - Display integrity and truthfulness in your character (03:15) - Avoid being overly salesy or cagey in pitches (03:58) - Present a clear strategic value for the investor (05:07) - Demonstrate easy collaboration during diligence (05:29) - Generate investor excitement with your momentum (05:46) - Focus on large, less competitive market opportunities (06:25) - Show proof of execution, not just ideas (06:49) - Know and present compelling financials (07:08) - Reassess or strengthen your business when rejected (07:59)
I'm listening to this after getting rejected 83 times. I did them em all. Sounds good, but doesn't work in reality because they'd say no and we're still bootstrapping and we'll make it big.
@@bunnyman6321 my real estate investing business to invest in and flip multifamily. I have tons of experience. I am only needing $80,000. I already have an entire team locked and in place ready to work. Business plan and pitch deck been done.
You're clearly getting it wrong then and need to take an honest look at your business and investment strategy. It's no good saying 'I did everything right, what gives?'. If you did everything right you'd land an investor.
It is best to sweat equatize a simple service business, and leverage that into bigger enterprises. Let your first business be designed primarily to be the angel investor in all future projects. Very simple, and completely risk free.
@@zakbiz611 building connections and networking is key for success, as you can't build and grow by yourself. The problem is to believe that "connection" is some how privileged and exclusive.
@@zakbiz611 what she means was not build connection, but if you are born with golden spoon, that kind of 'connection' does matter. if you are a billionare's child or a highly rank official's child, you don't need all what she said. just need to say hello to your parents friends and tell you are doing some business and need investment, the money will come to you instantly. lol
I am thinking about a new type of restaurants : eating-spots, in eating-spots, food keeps changing, chefs also rotate, this is opposed to current restaurants, thanks to this rotation of food and chefs, eating-spots are way more powerful than restaurants, along with that, there is an app people vote for the food that will be cooked in the next days, menu is influenced by the live input of the people via an app
But it's not my own Business anymore. It's like having a Job you have created yourself and giving shares of your payments away. It is pointless to me. But I agree it would be great to have capital, but neither for leverage nor with interest rates. Both eat you up. Think in decades! You'll lose the Mainstream Business ideas of having to always do something. The Business of not doing anything is returning. 75% of all Jobs are pointless anyway. I'm in the Business of Human Wellbeing. There can be no Human Wellbeing with Human Sickness unlocked.
There are a few reasons why investors say no to most of the pitches. 1. They want to minimize the risk and so they are very cautious about investing their money to only a select few where they are confident about making reasonable returns. Sounds reasonable.. 2. Contrary to popular belief they usually do not invest in a new idea or concept as they see it as a bigger risk. This is unfortunate.. 3. Investors do not invest in individuals, doesnt matter how good you are, they want to see a team. Understandable.. 4. And most importantly again contrary to popular belief Investors typically misread the market and demand, thats why a vast majority of their investments are doomed, only a few bear any fruit. This is the bitter truth, and investors know it and thats the reason they play safe.. So if you have a credible team (here credibility...meaning atleast few r from ivy league schools or from the elite class having worked in companies like FB, Apple, Google and likewise), you are very likely to get investors for your shittiest ideas compared to a guy who really has a great idea but lacks the credibility (as per investors' definition).
I am thinking about a new type of restaurants : eating-spots, in eating-spots, food keeps changing, chefs also rotate, this is opposed to current restaurants, thanks to this rotation of food and chefs, eating-spots are way more powerful than restaurants, along with that, there is an app people vote for the food that will be cooked in the next days, menu is influenced by the live input of the people via an app
Theres no better motivation to be an entrepreneur than being forced to bite your tongue working for horrible bosses for so many years. I had a horrible boss that only said one good thing ever. "Don't get mad, get senior".
I was in the Angel investor group for a while. Watched and seen how they play the part. In 5 years I have just become debt free with my business and that was so great. Now it's time to grow the business with just over 400 local customers i wonder if i ship all over the USA could i hit four million clients . I am up for the challenge.
Entreprenuers have their problems investors have theirs to. And she lied about honesty iv been turned down a lot by being honest and iv been told its certain things i shouldnt tell an investor but i feel like if an investor wants to invest they should know who they are investing in. No one is perfect but the ppl that do their best to change the world with their startups are ignored. Most great businesses were turned down by investors or big companies. We need great partnership if they hear a great idea help if they can see the vision they can help make it a possibility. When i got into business the biggest thing i was thaught was fear and the downfall of fear investors have a lot of fear.
Well said. I like this video for the simple fact that she was humble and acknowledge that investors is not always correct but at the same time there are things she said that was correct as well on the investors side.
And perhaps a big percentage of businesses they said "no" to succeeded! :) VC business is perhaps more risky than the companies they are funding. Which is why a majority of VC funding has made losses over the last 20 years or so, though, from their focus on mega success stories, you'd think it was all milk and honey to them.
Because investors are human too and some people really know how to talk and persuade, but don’t have a lot other than that to run a successful business
I think these tips are for beginning nicely. I am not overconfident but doing all these for getting money, i don't think so it makes sense. If you are looking for a start-up, try to take some hard initiatives and try to do things on your own, You have a plan, you made the strategy, you know how it will work then why have to give presentations / exposing your plans to others and try your half of energy to convince them. Believe in yourself and go for it on your own.
Lol, I’ve been looking at investor sites today and yesterday and this pops up as a recommended video that’s a year old. Sometimes Google and UA-cam hit the money. Thank you!
I traded well on my Demo account but when I invested in to my main account i lost all my funds. Please i need an expert to assist me with my trading. It's frustrating how people loss funds in this trading, I really feel so bad.
That's true,. Its really needful for beginners not to settle for videos alone or they will see themselves losing all their money just like me when I newly started trading with this videos here on UA-cam.
Well good god. The problem is a company has to have money to do many of these things she is discussing. That is the problem why most businesses fail... Because these Angel Investors want to see sales 99.9 percent of the time. How can a comp prove sales if they don’t have 100 k to manufacture and build product molds. The key is don’t waste your time with angel investors if you are not a million dollar PLUS a year projected company! I have learned first hand investors and Angel Investors are as likely as winning the lottery! End of story
It really depends on the industry and manufacturing is most definitely harder to raise money for. I haven't invested in any manufacturing businesses but most startups in software that I have invested in were pre-revenue, all were losing money. Good luck!!
That's the job of the entrepreneur to figure out how to push through the no-revenue stage. Figure out how to live 5 in a one-bedroom, opt to eat ramen for breakfast, lunch and dinner, re-use tea bags... Get friends and family first stage funding. F&F funding is almost required for angel investors to see. If you can't get Aunt Jane and Uncle Bill to drop $10K on you, then that's a big warning sign to the investor that you can't sell your product/service/idea. If your whole extended family is dirt-poor, then how about your friends? If you ain't got friends, that's a clear sign that you're not investible. Remember, angel investors aren't there to help you. They're there to make money for themselves using their capital. They're betting that you will succeed. You need to show gumption and hustle and the willingness to do whatever it takes to succeed. Then they'll bet on you.
@As Above Tarot Done what? I've helped startups get started, and I've helped them get connected to investors and I've invested in startups. Which part are you talking about?
Having spend time as an entrepreneur for many years, I can only give you right. Most investors only invest in things they know. Not in things they don't know. That's why most of them eventually go bust.
I am thinking about a new type of restaurants : eating-spots, in eating-spots, food keeps changing, chefs also rotate, this is opposed to current restaurants, thanks to this rotation of food and chefs, eating-spots are way more powerful than restaurants, along with that, there is an app people vote for the food that will be cooked in the next days, menu is influenced by the live input of the people via an app
for me; the best investor is bank. cause they dont care about how many percent you earned, how much billion you get. they only ask you pay they interest. Instead of Conventional/individual investor/VC, etc, they want a higher share which converted from their money. i prefere bank as my investor rather than Conventional/individual investor/VC, etc
Interesting. A friend went from two-man business to dominating the world market with a specialist piece of technology. How correct she is to say you would be better off concentrating on the software in a shop rather than the shop. Twenty years ago their business was collecting over a million a year just in licensing fees. It took two and a half years to get their first sale.
Here's what investors want. They want a company where you've done everything and risked everything and are now being success to a point where, you probably don't really need them. They don't care about the product or anything else, they only care if it's a rocket and already taking off. When she says "We [investors] make mistakes too." she's talking about that company that went for investment, didn't get anything...but took off without them. This is because again, they don't care what your product is, they only care about finding a rocket that's already taking off...and if it's not taking off enough at the moment...well then, they make a "mistake", as if they knew anything about a product or a market. That's just reality. And she doesn't talk about the 1% they did invest in...that went nowhere. Too bad investors aren't skilled enough to really understand a product or service to be able to invest in something that is not yet a rocket...but they know it will be.
Did we ever meet in Silicon Valley, because I have a feeling you've been there too. The only reason to watch these videos is to laugh because they are a joke.
Love the video but why is this a such a bad idea: 3:45 ? Besides giving you the protection you need, it also shows them you take it serieus and think about the details. I understand it is an inconviniece but I would still be fan of doing this, wondering what everyone else is thinking about this?
I had one contact me 1 week into literally mid point of my project. They wanted answers from me before I knew what the terms were. I really didn't expect anything more than a mentor. I wanted them to know that the terms were important as much as my concept and vision. And how much of that I'd have control over. I needed to know those things. Of course I'm no know it all, but I can't wait for someone to hold my hand..so I had to research everything i could to obtain knowledge of certain aspects..There has to be an understanding , honesty and communication. That is with anything. I really don't know what to do. Prior to the meeting I told the person I had not had my numbers or a few of my most important parts of the project. I didn't want to show up with no numbers, a draft concept etc. I wanted to give a consice plan. So I had something to show and at that minimum...Really I just am confused.
"Mutual contact or personal friend. Mutual contact or personal friend. Mutual contact or personal friend!" That's all anyone hears. ABSOLUTELY NOBODY VIEWING THIS VIDEO HAS MUTUAL CONTACTS OR PERSONAL FRIENDS WHO ARE VC'S! Clearly you haven't the slightest clue what your audience is seeking. You're just promoting yourself.
Start hanging out with people who are already VC funded and they will do the intro, I never had direct VC friends but this approach opened doors to them
It also doesn't hurt to start following VCs and angels on social media and engaging in conversations with them and trying to build a relationship before you try to pitch them.
The regular one's? These aren't angel investor's? WTF is wrong with you? With your level of idiocy and your attitude you shouldn't even be here. An entrepreneur like you will be a big turn off for investor's and even if you manage to scam a few you'll quickly burn those bridge's. These are real angels with some prominence. These aren't just regular angels these are angels that lead their own angel network's and group's. Just because what you hear doesn't fit what you want to hear doesn't mean these investing leader's are wrong or BS. The only BS here is you.
I arrive on this page by random, I'm sorry to say, this video is one of the most negative and depressing TED talk Video I've watched! Wow!!! She would have said "No" at least 50 times in the 10 minute. I usually don't like writing negative things in the comments but, Hearing all this negativity feels like a warm bucket of tar all over my body, sticky and can't get it off.
I have finished watching this video completely. (for 4 times @@) (我看完這部影片了) (看了四次@@) I am a Taiwanese who cares about the global affairs. (我是一個關心全球事務的台灣人) And, sadly, most of my fellow Taiwanese don't really care about the world. (但是，很不幸地，我大部分的台灣同胞不那麼在意世界。) Hopefully Taiwan can become increasingly globally-aware and globally-competitive. (希望台灣可以越來越有全球意識與全球競爭力。) God bless Taiwan. (天佑台灣。)
When you dont fund a business because the entrepreneur burped on your face, then funding is not for you. Sorry. Pitch-Funding is a highly competitive, vicious business, and not about class or etiquette or ethics..if your know Zukerberg you will know that. p.s. as far as I know, burping and farting is digestion related and completely involuntary, dont see how it can be held against people. If you choose cos. based on personal preferences instead of business, you're a danger for your co. Try closing your orifices and dont burp/fart for a day, you will know the significance when you land in hospital.
If investors make mistakes, then I could see them losing $100K in a business rather than just saying no, like this woman says. Don’t give up like she says
This is encouraging but at the same time a little discouraging. Great info though. This is also why I am just contemplating taking out a business loan at this point and just moving forward.
For all fellow entrepreneurs:
The best revenge is massive success.
Revenge shouldn't be a motivation for wanting your product to succeed. Your motivation for wanting a product to succeed should be improving someone's life.
PS My intent isn't to antagonize. Even if you meant for your comment to be taken as a joke, I just wanted to let any future readers, who might've taken it seriously, to know this.
Jack ma must orgasm everyday thinking about this.
gallya yes, to now make them want to invest in you 😤
An investor once told a friend to make him regret his decision for falling to invest in the pre-seed. They did! 5 years later he's the lead investor in their series A.
Don't take it personal, because it's not personal!
I am thinking about a new type of restaurants : eating-spots,
in eating-spots, food keeps changing, chefs also rotate,
this is opposed to current restaurants,
thanks to this rotation of food and chefs, eating-spots are way more powerful than restaurants,
along with that, there is an app
people vote for the food that will be cooked in the next days,
menu is influenced by the live input of the people via an app
1. Rookie Mistakes (1:57)
2. Character Matters (3:15)
3. Fit Matters (4:44)
4. Business Basics (6:05)
5. Investors Make Mistakes Too (7:24)
Just came looking for this comment. Thanks Matthew
MVP
2 seems a bit rich / Theranos, WeWork, Uber - would not say Character seemed to matter
5. Banking basics (SVB)
99% why not funded
1. Make rookie mistake
- dont know who investor
- blasting cold email
2. Character mistake
- overconfident without searching
- where money going
3. Fit matter
- dont focus based on money only
talk about interesting think, like who join, progression etc
4. Business basic
- not traditional business
- not easy to copy
5. Investor makes mistake too
aemeric English number 4 smh She really said it needs to be a big ground idea 🤦🏿♂️ my friend just wants to open a Thai restaurant in my neighborhood relax
@@ayeweballing2102 I mean he needs to be very good at it plus other seemingly non-tangible advantages he could pull off.
It's upto him, just because it's dead straight traditional, conventional business, it doesn't mean he can't pull it off.
aemeric English thanks for sharing your notes
I have finished watching this video completely.
(for 4 times @@)
(我看完這部影片了)
(看了四次@@)
I am a Taiwanese who cares about the global affairs.
(我是一個關心全球事務的台灣人)
And, sadly, most of my fellow Taiwanese don't really care about the world.
(但是，很不幸地，我大部分的台灣同胞不那麼在意世界。)
Hopefully Taiwan can become increasingly globally-aware and globally-competitive.
(希望台灣可以越來越有全球意識與全球競爭力。)
God bless Taiwan.
(天佑台灣。)
6. Poor spelling and grammar
There's a surefire way to have your pitch rejected.
Never give up because an investor says no, lol. Just pivot and improve. The customers are the ones to ultimately impress, not the investors.
Honestly I saw the whole thing on 1.25x. Super normal
You saved me!😍
Saved precious time. Thanks bud!
I have finished watching this video completely.
(for 4 times @@)
(我看完這部影片了)
(看了四次@@)
I am a Taiwanese who cares about the global affairs.
(我是一個關心全球事務的台灣人)
And, sadly, most of my fellow Taiwanese don't really care about the world.
(但是，很不幸地，我大部分的台灣同胞不那麼在意世界。)
Hopefully Taiwan can become increasingly globally-aware and globally-competitive.
(希望台灣可以越來越有全球意識與全球競爭力。)
God bless Taiwan.
(天佑台灣。)
I should have done that, she talks so slow. Is she addressing a group of children ?
OMG I saw your comment after posting mine. So true play in 1.25
Most of the successful business got rejected by VCs. They're too much over estimated
I just wondered how Theranos, Weworks & Nikola pitch? Sometimes you wondered how scammers pitch.
@@marvinfok65 Like she said investors are humans too.
@@marvinfok65 you have an entire episode of The Founder on how that Israeli guy pitched WeWork.
I started a business last week. I spent $75 to get it going. I had a hat and polo shirt embroidery with company info, printed business cards at home and made a display to hold the product I was selling. I wanted to see if people would buy my product in a different way than going to the store for it. I went business to business and made $150 profit the first three hours. The next day I spent 5.5 hours and made $300 profit with $500 in total sells. The next day was nearly the same. Within 3 days I spent 15 hours total and made $750 profit. My problem now is scaling the business and getting enough product to continue. Once this happens I will place ads and recruit people in other cities to mirror me. I have been contacting private label companies this week as my current one can't handle the amount I plan to sell. People make it so hard to start a business. I had an idea, tried it, and within 24 hours I had results. I told no one and just did it without thinking. Just go!
Alright... what were you selling/providing of services? No need to worry about competition, I'm in another country and I'm most into real estate and stocks. I've always liked the idea of starting a business though since my way of doing it is slow.
That's very inspiring. People forgets that everything needs effort. The bigger the goal the more effort you will have to put in.
U should put have put whatever your selling you should put here so we know what it. Maybe we can order...
Hey you missed out the part of the comment with a link to a website where we can pay you to find out how.
okthennone You started a business without thinking?
- Research investors thoroughly before pitching (02:20)
- Avoid mass-emailing your pitch to investors (02:37)
- Ensure timing is right when approaching investors (02:54)
- Display integrity and truthfulness in your character (03:15)
- Avoid being overly salesy or cagey in pitches (03:58)
- Present a clear strategic value for the investor (05:07)
- Demonstrate easy collaboration during diligence (05:29)
- Generate investor excitement with your momentum (05:46)
- Focus on large, less competitive market opportunities (06:25)
- Show proof of execution, not just ideas (06:49)
- Know and present compelling financials (07:08)
- Reassess or strengthen your business when rejected (07:59)
Thanks heap for sharing, great summary.
I'm listening to this after getting rejected 83 times. I did them em all. Sounds good, but doesn't work in reality because they'd say no and we're still bootstrapping and we'll make it big.
Yea I kind of agree. I’ve been looking for an investor since September of this year.
@@Mindful.Movement.01 What's your product you trying to get an investment for?
@@bunnyman6321 my real estate investing business to invest in and flip multifamily. I have tons of experience. I am only needing $80,000. I already have an entire team locked and in place ready to work. Business plan and pitch deck been done.
@@Mindful.Movement.01 You have a way for me to contact you privately? I may have something for you.
You're clearly getting it wrong then and need to take an honest look at your business and investment strategy. It's no good saying 'I did everything right, what gives?'. If you did everything right you'd land an investor.
It is best to sweat equatize a simple service business, and leverage that into bigger enterprises. Let your first business be designed primarily to be the angel investor in all future projects. Very simple, and completely risk free.
She missed one: Connection
You can build connections, it is rookie mistake to think that "connections" are just nepotism
She's an Investor and investors themselves won't tell you to make connections, they're smart, u have to figure out yourself!
@@zakbiz611 building connections and networking is key for success, as you can't build and grow by yourself.
The problem is to believe that "connection" is some how privileged and exclusive.
@@zakbiz611 what she means was not build connection, but if you are born with golden spoon, that kind of 'connection' does matter. if you are a billionare's child or a highly rank official's child, you don't need all what she said. just need to say hello to your parents friends and tell you are doing some business and need investment, the money will come to you instantly. lol
I am thinking about a new type of restaurants : eating-spots,
in eating-spots, food keeps changing, chefs also rotate,
this is opposed to current restaurants,
thanks to this rotation of food and chefs, eating-spots are way more powerful than restaurants,
along with that, there is an app
people vote for the food that will be cooked in the next days,
menu is influenced by the live input of the people via an app
That's why you should say NO to Investors from the very beginning. :))
not always, startup capital can definitely help you leverage your assets.
But it's not my own Business anymore. It's like having a Job you have created yourself and giving shares of your payments away. It is pointless to me. But I agree it would be great to have capital, but neither for leverage nor with interest rates. Both eat you up. Think in decades! You'll lose the Mainstream Business ideas of having to always do something. The Business of not doing anything is returning. 75% of all Jobs are pointless anyway. I'm in the Business of Human Wellbeing. There can be no Human Wellbeing with Human Sickness unlocked.
But you need money to launch a big time app because you need to hire 50 people and pay them.
@@shawnjacobsen4035 So true why give them your hard earned money.
@@Inaworldoflove Maybe you don't need to hire 50 people to start
That old man in the front row is probably gonna say no.
So great. Thank you 🙏. What an age we live in to receive content of this value at no charge... Blessed.
Such a nice speaker, articulate and informative. Thank-you!
There are a few reasons why investors say no to most of the pitches.
1. They want to minimize the risk and so they are very cautious about investing their money to only a select few where they are confident about making reasonable returns. Sounds reasonable..
2. Contrary to popular belief they usually do not invest in a new idea or concept as they see it as a bigger risk. This is unfortunate..
3. Investors do not invest in individuals, doesnt matter how good you are, they want to see a team. Understandable..
4. And most importantly again contrary to popular belief Investors typically misread the market and demand, thats why a vast majority of their investments are doomed, only a few bear any fruit. This is the bitter truth, and investors know it and thats the reason they play safe..
So if you have a credible team (here credibility...meaning atleast few r from ivy league schools or from the elite class having worked in companies like FB, Apple, Google and likewise), you are very likely to get investors for your shittiest ideas compared to a guy who really has a great idea but lacks the credibility (as per investors' definition).
Agree
I am thinking about a new type of restaurants : eating-spots,
in eating-spots, food keeps changing, chefs also rotate,
this is opposed to current restaurants,
thanks to this rotation of food and chefs, eating-spots are way more powerful than restaurants,
along with that, there is an app
people vote for the food that will be cooked in the next days,
menu is influenced by the live input of the people via an app
Theres no better motivation to be an entrepreneur than being forced to bite your tongue working for horrible bosses for so many years. I had a horrible boss that only said one good thing ever. "Don't get mad, get senior".
I was in the Angel investor group for a while. Watched and seen how they play the part. In 5 years I have just become debt free with my business and that was so great. Now it's time to grow the business with just over 400 local customers i wonder if i ship all over the USA could i hit four million clients . I am up for the challenge.
This video was just raw pure brilliance. Thank you for your wisdom.
Entreprenuers have their problems investors have theirs to. And she lied about honesty iv been turned down a lot by being honest and iv been told its certain things i shouldnt tell an investor but i feel like if an investor wants to invest they should know who they are investing in. No one is perfect but the ppl that do their best to change the world with their startups are ignored. Most great businesses were turned down by investors or big companies. We need great partnership if they hear a great idea help if they can see the vision they can help make it a possibility. When i got into business the biggest thing i was thaught was fear and the downfall of fear investors have a lot of fear.
@Pooja Sharma I'm an angel investor looking for a syndication to invest with can you help?
@@SPECIALTRADER1 . Your welcome
@@zankirene9532 thanks
I have a pitch in 2 days. This is really helpful :)
Good luck!
How was it ?
Thank you for this REAL TALK!! Much appreciated!!
Or They just don't have money 😂
NIRMAL NAHAK Amen!
Jenny Campbell
yes
Thanks for providing such tips and what we are doing wrong before going to investors.
Most VC’s /investors seek a guarantee. Knowing there are no guarantees.
Great advice by an experienced investor and TV personality who has seen hundreds if not thousands of pitches!
Well said. I like this video for the simple fact that she was humble and acknowledge that investors is not always correct but at the same time there are things she said that was correct as well on the investors side.
Only if all this was true, Theranos wouldn't have happened.
Amen to that!
best comment here
and wework
People lose my interest & attention when they start introducing themselves by their appearance on TV!!
Meta Calm TV time is bought.
Strange vibe of this lady.
I wouldnt want her as an investor. She clearly thinks she has the abundance of opportunities. Let her have that without my case
Investors have no monopoly on business judgement. 95% of the companies they choose to invest in fail anyway.
And perhaps a big percentage of businesses they said "no" to succeeded! :)
VC business is perhaps more risky than the companies they are funding. Which is why a majority of VC funding has made losses over the last 20 years or so, though, from their focus on mega success stories, you'd think it was all milk and honey to them.
Because investors are human too and some people really know how to talk and persuade, but don’t have a lot other than that to run a successful business
I think these tips are for beginning nicely. I am not overconfident but doing all these for getting money, i don't think so it makes sense. If you are looking for a start-up, try to take some hard initiatives and try to do things on your own, You have a plan, you made the strategy, you know how it will work then why have to give presentations / exposing your plans to others and try your half of energy to convince them. Believe in yourself and go for it on your own.
Agreed, even if it takes time.
Great points. Thank you for your gift.
This is the FIRST Ted video I’ve ever looked at from beginning to end. Idk why Ted videos can’t hold my attention 🤨
Good talk. Many important reminders. However...
There is NO handbook recipe for success. Just make it happen. 💯
Be a Bayesian.
VCs are gonna get disrupted anyway. Just watch....
Lol, I’ve been looking at investor sites today and yesterday and this pops up as a recommended video that’s a year old. Sometimes Google and UA-cam hit the money. Thank you!
Felix Dennis said raising capital is most difficult part. It's a humiliating experience if you are not rich.
I second that.
A lot of obvious tips, but I guess some people need to be reminded.
Awesome insight for all the entrepreneurs.......!!!
I traded well on my Demo account but when I invested in to my main account i lost all my funds. Please i need an expert to assist me with my trading. It's frustrating how people loss funds in this trading, I really feel so bad.
It's very obvious that forex and crypto trading is one of the profitable money exchange services that elevates investors and their financial status.
It's a great idea to have a conversation with
financial advisors like Emily Jason to reshape you
portfolio.
That's true,. Its really needful for beginners not to settle for videos alone or they will see themselves losing all their money just like me when I newly started trading with this videos here on UA-cam.
I agree with you, I'm not here to converse for her but to testify just for what I'm sure of, she's trust worthy and best option ever seen..
She's really a good investment advisor. I was privileged to attend some of her seminars. That is how I started my crypto investment 👏
What is the best book to read to know how to read (understand) your numbers ?
Thanks Kathy
If investors are so careful in choosing businesses, how come something like 50% of businesses they invest in fail?
Because of FOMO.
I have heard from investors that failure ratio is much higher than 50%
Because that's how business works? It may or may not succed?
that’s why they’re so careful in choosing investments duh
Well good god.
The problem is a company has to have money to do many of these things she is discussing.
That is the problem why most businesses fail...
Because these Angel Investors want to see sales 99.9 percent of the time.
How can a comp prove sales if they don’t have 100 k to manufacture and build product molds.
The key is don’t waste your time with angel investors if you are not a million dollar PLUS a year projected company!
I have learned first hand investors and Angel Investors are as likely as winning the lottery!
End of story
Sense :)
It really depends on the industry and manufacturing is most definitely harder to raise money for. I haven't invested in any manufacturing businesses but most startups in software that I have invested in were pre-revenue, all were losing money. Good luck!!
That's the job of the entrepreneur to figure out how to push through the no-revenue stage. Figure out how to live 5 in a one-bedroom, opt to eat ramen for breakfast, lunch and dinner, re-use tea bags... Get friends and family first stage funding. F&F funding is almost required for angel investors to see. If you can't get Aunt Jane and Uncle Bill to drop $10K on you, then that's a big warning sign to the investor that you can't sell your product/service/idea. If your whole extended family is dirt-poor, then how about your friends? If you ain't got friends, that's a clear sign that you're not investible.
Remember, angel investors aren't there to help you. They're there to make money for themselves using their capital. They're betting that you will succeed. You need to show gumption and hustle and the willingness to do whatever it takes to succeed. Then they'll bet on you.
@As Above Tarot Done what? I've helped startups get started, and I've helped them get connected to investors and I've invested in startups. Which part are you talking about?
@@ericdew2021 Spot on! well put;)
Thank you Alicia!
Why I feel like saying NO to her as my investor!
What you should no about angel investors: They will probably just say no.
Thank you for the advice
Outstanding presentation!
What is her yes’ track record?
No.
Most of it is common sense and pretty obvious but then again i needed to hear that
👍 Helpful
Summary of this video: have some common sense.
There’s literally nothing specific you can learn from this talk.
Having spend time as an entrepreneur for many years, I can only give you right. Most investors only invest in things they know. Not in things they don't know. That's why most of them eventually go bust.
@@blameyourself4489 Sorry for my short understanding but, why someone should invest in something they do not know ?
@@Startups_Othman They only exist in technology that exist. Not in technology that does not exist and where the true money is.
I am thinking about a new type of restaurants : eating-spots,
in eating-spots, food keeps changing, chefs also rotate,
this is opposed to current restaurants,
thanks to this rotation of food and chefs, eating-spots are way more powerful than restaurants,
along with that, there is an app
people vote for the food that will be cooked in the next days,
menu is influenced by the live input of the people via an app
for me; the best investor is bank. cause they dont care about how many percent you earned, how much billion you get. they only ask you pay they interest. Instead of Conventional/individual investor/VC, etc, they want a higher share which converted from their money. i prefere bank as my investor rather than Conventional/individual investor/VC, etc
good point
So super similar to courting a woman out of your league... Got it
Unfortunately all women now think they are out of your league.
Great speech ✍
That's was very insightful 🙏🏽
Great Advices Thanks Lot , you are awesome and great education background thanks lot .
Interesting. A friend went from two-man business to dominating the world market with a specialist piece of technology. How correct she is to say you would be better off concentrating on the software in a shop rather than the shop. Twenty years ago their business was collecting over a million a year just in licensing fees. It took two and a half years to get their first sale.
This is amazing!!!!
BIG FACTS!
Here's what investors want. They want a company where you've done everything and risked everything and are now being success to a point where, you probably don't really need them. They don't care about the product or anything else, they only care if it's a rocket and already taking off. When she says "We [investors] make mistakes too." she's talking about that company that went for investment, didn't get anything...but took off without them. This is because again, they don't care what your product is, they only care about finding a rocket that's already taking off...and if it's not taking off enough at the moment...well then, they make a "mistake", as if they knew anything about a product or a market.
That's just reality. And she doesn't talk about the 1% they did invest in...that went nowhere.
Too bad investors aren't skilled enough to really understand a product or service to be able to invest in something that is not yet a rocket...but they know it will be.
Did we ever meet in Silicon Valley, because I have a feeling you've been there too. The only reason to watch these videos is to laugh because they are a joke.
Thank you Ma'am
Love the video but why is this a such a bad idea: 3:45 ? Besides giving you the protection you need, it also shows them you take it serieus and think about the details. I understand it is an inconviniece but I would still be fan of doing this, wondering what everyone else is thinking about this?
I had one contact me 1 week into literally mid point of my project. They wanted answers from me before I knew what the terms were. I really didn't expect anything more than a mentor. I wanted them to know that the terms were important as much as my concept and vision. And how much of that I'd have control over. I needed to know those things. Of course I'm no know it all, but I can't wait for someone to hold my hand..so I had to research everything i could to obtain knowledge of certain aspects..There has to be an understanding , honesty and communication. That is with anything. I really don't know what to do. Prior to the meeting I told the person I had not had my numbers or a few of my most important parts of the project. I didn't want to show up with no numbers, a draft concept etc. I wanted to give a consice plan. So I had something to show and at that minimum...Really I just am confused.
What happened?
This is exactly what Chamath was saying : VCs are soulless cowards
"Mutual contact or personal friend. Mutual contact or personal friend. Mutual contact or personal friend!" That's all anyone hears. ABSOLUTELY NOBODY VIEWING THIS VIDEO HAS MUTUAL CONTACTS OR PERSONAL FRIENDS WHO ARE VC'S! Clearly you haven't the slightest clue what your audience is seeking. You're just promoting yourself.
Start hanging out with people who are already VC funded and they will do the intro, I never had direct VC friends but this approach opened doors to them
@Paul Miller Good idea. On it. If u don’t mind, what product were u bringing to market?
B2B software for field sales reps@@decarlocalloway01
It also doesn't hurt to start following VCs and angels on social media and engaging in conversations with them and trying to build a relationship before you try to pitch them.
Brilliant video - spot on advice.
This video should be part of pitching manuals.
Thanks
Investors are pointless. Most are just not intelligent enough to see the big picture, and usually miss out because of it.
Carlos Spicyweiner in their defense if they say no it could be because they don’t know much about what your pitching and/or don’t like the idea.
Exactly brother!
Facebook, Instagram, Twitter, etc, all started with small investors. Microsoft, Google, Apple did too. Far from pointless.
This was very insightful.
Investors Might Just Say No
Absolutely wonderful and very insightful
Wonderful pointers. Thank you Alicia Syrett. By the way... a stunning dress.
Why would they they now steal your idea and make billions
Quite insightful and informative indeed!
What a good video! She’s really good.
what type of DDs usually being asked by VC investors for sole pitchers/ entrepreneurs ?
your reply is highly appreciated
6:35 Won't invest unless it's a multi-billion dollar opportunity? BS
Excellent reality check talk. Right on the nose. That's just how it works:)
The title is BS, your not talking of angel investors. Your just talking about investors no body knows! The regular ones!
No those are actual angel investors. Maybe you don't know them that's all.
The regular one's? These aren't angel investor's? WTF is wrong with you? With your level of idiocy and your attitude you shouldn't even be here. An entrepreneur like you will be a big turn off for investor's and even if you manage to scam a few you'll quickly burn those bridge's. These are real angels with some prominence. These aren't just regular angels these are angels that lead their own angel network's and group's. Just because what you hear doesn't fit what you want to hear doesn't mean these investing leader's are wrong or BS. The only BS here is you.
LOL all investors are the same; "angels" just have bigger egos
I arrive on this page by random, I'm sorry to say, this video is one of the most negative and depressing TED talk Video I've watched! Wow!!! She would have said "No" at least 50 times in the 10 minute. I usually don't like writing negative things in the comments but, Hearing all this negativity feels like a warm bucket of tar all over my body, sticky and can't get it off.
Every time you hear the word “ No” take a drink :)
haha does "Know" count? lol
This is very helpful
I have finished watching this video completely.
(for 4 times @@)
(我看完這部影片了)
(看了四次@@)
I am a Taiwanese who cares about the global affairs.
(我是一個關心全球事務的台灣人)
And, sadly, most of my fellow Taiwanese don't really care about the world.
(但是，很不幸地，我大部分的台灣同胞不那麼在意世界。)
Hopefully Taiwan can become increasingly globally-aware and globally-competitive.
(希望台灣可以越來越有全球意識與全球競爭力。)
God bless Taiwan.
(天佑台灣。)
thanks
When you dont fund a business because the entrepreneur burped on your face, then funding is not for you. Sorry. Pitch-Funding is a highly competitive, vicious business, and not about class or etiquette or ethics..if your know Zukerberg you will know that.
p.s. as far as I know, burping and farting is digestion related and completely involuntary, dont see how it can be held against people. If you choose cos. based on personal preferences instead of business, you're a danger for your co. Try closing your orifices and dont burp/fart for a day, you will know the significance when you land in hospital.
😂
In some countries burping or farting can be seen as a compliment I think VCs should welcome this
The main thing I took away from this is that investors might just say no
Really awesome good content... I took notes and I'm satisfied with what I learned from this video.
1.25% is apropos
Thank you very much for this interesting sharing, although it is five years old, it can be used as a meaningful reference. Thank you.
VC IS a mirage. Pitch to 1000 VC, you will get one. The one who is the last you meet. The one who finally got fooled by you.
Very good info!!
This is gold information. Thank you
Sounds like an absolute pain.
Just get a business loan & save yourself the rejection heartache.
If investors make mistakes, then I could see them losing $100K in a business rather than just saying no, like this woman says. Don’t give up like she says
This is encouraging but at the same time a little discouraging. Great info though. This is also why I am just contemplating taking out a business loan at this point and just moving forward.
Great and insightful
yes keep focus
thank you.