What You Should Never Say To An Investor

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  • Опубліковано 24 кві 2023
  • There are some things you’ll never want to say to investors. You’re likely to think they’re smart, but, in the blink of an eye, you’ll have cost yourself a potential investment. Worse yet, you won’t even know why the investor said no.
    I don’t want that to happen to you. That’s why in today’s video, I’ll explain what are the ten things you can never say to investors, why you can’t say them, and what you should say instead. I hope you like it.
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  • Наука та технологія

КОМЕНТАРІ • 54

  • @BrettFoxstartupceo
    @BrettFoxstartupceo  Рік тому +5

    To get your free Startup Pitch Deck Template go to: www.brettjfox.com/startup-pitch-deck-template-youtube/

  • @michaelradovich7633
    @michaelradovich7633 Місяць тому +11

    This is the first video I've watched about seeking startup funding where nearly everything you said is a trap I would have fallen into. Thank you for explaining some common pitfalls when pitching to investors and how to avoid them.

    • @BrettFoxstartupceo
      @BrettFoxstartupceo  Місяць тому +2

      You're welcome, Michael. I'm glad you found this video useful.

  • @kiselafred2146
    @kiselafred2146 17 днів тому +2

    I learned that its important to always tell the truth and avoid jokes when pitching.I also need to understand my competitors well.

  • @LFTDLorax02
    @LFTDLorax02 Місяць тому +4

    As I adventure into the world of startups, I’m so glad I found this channel. This was profound advice. Thank you!!

  • @mamawolf8484
    @mamawolf8484 3 місяці тому +4

    I learned before watching this video that you always start high with your estimate of costs. Then things can be negotiated down or, if you get the quoted amount, and you can complete the process under budget you have happy investors.

  • @goofyduder2604
    @goofyduder2604 5 днів тому +1

    Tons of value here. I completely revamped my pitch deck following your template... wasn't easy to break it all down to that level, but the result is significantly better.

  • @lonzomckelvy1376
    @lonzomckelvy1376 5 місяців тому +2

    Don't say you're the next big thing
    Don't try to compare yourself to another established company
    Also thanks for the information about the exiting strategy

  • @badcommand
    @badcommand 5 днів тому +1

    Great video! I really like your cadence and pauses. You’re a fantastic speaker and I look forward to more useful content.

    • @BrettFoxstartupceo
      @BrettFoxstartupceo  5 днів тому +1

      Thanks for your kind words. I am glad you liked the video.

  • @chumaski6594
    @chumaski6594 29 днів тому +2

    Absolutely amazing info. Clear, crisp and well presented.

    • @BrettFoxstartupceo
      @BrettFoxstartupceo  29 днів тому +1

      Thanks for the kind words. I am glad you enjoyed the video.

  • @dboodtb2422
    @dboodtb2422 4 місяці тому +3

    I learned to be true with the start cost of a business and business means business especially when presenting business to investors because you never know if they are in a good mood for your jokes.

  • @celeb99mu
    @celeb99mu Рік тому +3

    Great reminder that competition >= status quo.
    Change takes energy, and if resourcing is tight then you are competing against the old ways of doing things.
    Thanks @brettFox for the content.

  • @GukenGlobalFoodchain
    @GukenGlobalFoodchain 4 дні тому

    Great piece there sir. Thank you

  • @nedotraxxxx
    @nedotraxxxx 24 дні тому +1

    Thanks for your advice, Brett 👍

  • @onkarbatra9884
    @onkarbatra9884 Місяць тому +1

    Thanks, Brett! Pitching tomorrow

  • @jenifferndungu6350
    @jenifferndungu6350 2 місяці тому +2

    This are great points i've just learnt, added this knowledge to what i thought i knew. Now i know what i should/shouldnt say.

  • @Divinii
    @Divinii Рік тому +3

    5:00-5:15
    That's a very good response!

  • @orkunk.4618
    @orkunk.4618 Рік тому +4

    Amazing content. I learned the importance of my numbers. Thank you

  • @ThePresidentofPeace
    @ThePresidentofPeace Місяць тому +1

    Thank you, subscribed. I’m a major disruptor. I’m all alone. I can’t wait to find the right investor. New way of doing things and replicable.

  • @drjamesthomas7537
    @drjamesthomas7537 Місяць тому +1

    Really an eye opener

  • @MurrayTymms
    @MurrayTymms Рік тому +3

    Great points there Brett - 'The exit will take of itself' 👍 - 'Always tell the truth', I had a board of obstructionist directors who repeatedly would embellish the minutes, lie at the AGMs and pretty much set the investor/sharholders against me, and no matter what I did to prove the lies (including their own evidence of false reporting of motion votes) I could not get my shareholders to believe the truth.
    Good job Brett, you should have a million plus subscribers 😀

    • @BrettFoxstartupceo
      @BrettFoxstartupceo  Рік тому +1

      Thanks for the kind words, Murray. I am so sorry you had to deal with obstructionist directors. A bad board and/or bad investors is the one thing that is almost impossible for any startup to overcome. It sucks!

    • @MurrayTymms
      @MurrayTymms Рік тому

      @@BrettFoxstartupceo It sucks alright - Sent a good venture down the shute and wasted several years of my (valuable) time. Still, I have learned heaps, just a shame I am not 20 years old anymore, so I could take the experiences further into my life 😐

  • @theeducationmonitor
    @theeducationmonitor 7 місяців тому +2

    Truly amazing content!!

    • @BrettFoxstartupceo
      @BrettFoxstartupceo  7 місяців тому +1

      Thanks for your kind words. I am glad you are getting value from my videos.

  • @anthonybelt7415
    @anthonybelt7415 3 місяці тому +1

    Thank you....

  • @thokozanimthembu2114
    @thokozanimthembu2114 11 днів тому

    Thanks I learned wha and how Exist Strategy work

  • @sylvesteradim1532
    @sylvesteradim1532 2 місяці тому +2

    I just read through "The Seven
    Immutable Laws
    For Startup
    CEOs: Violate
    Them At Your
    Own Risk"
    Please permission to print a hardcopy for my personal usage.
    I'll also like to know what it will cost me to be a student in your class? Thanks 🙏

    • @BrettFoxstartupceo
      @BrettFoxstartupceo  2 місяці тому

      Yes, you can print the article. I have several different options, go to www.brettjfox.com for more information and to apply.

  • @astrotwig
    @astrotwig Рік тому +1

    Great share!🔥

    • @BrettFoxstartupceo
      @BrettFoxstartupceo  Рік тому +1

      Thanks for your kind words. I am glad you found this video useful.

  • @PicAppoint
    @PicAppoint Місяць тому

    Yes, very good video. I can see how I would have made at least 1 or 2 of these mistakes.

  • @PeterGuzzardo
    @PeterGuzzardo 11 місяців тому +1

    I learned what I need to edit out of my pitch deck. Thanks

    • @BrettFoxstartupceo
      @BrettFoxstartupceo  11 місяців тому

      Great! Glad to hear it, Peter. Best of luck raising money!

  • @chitdigital7057
    @chitdigital7057 3 місяці тому +1

    Thanks. Such a great video with immense value. Cheers 🍻 🇳🇦

  • @cantthinkofnameyeah7249
    @cantthinkofnameyeah7249 10 днів тому

    I'm having all my investors sign NDAs and Invention Assignment Agreements. They are totally fine because I described in simple terms the value of the product. Without those contracts I would have no garentee that my invention would be safe from someone going and manufacturing the product in a foreign country.

    • @BrettFoxstartupceo
      @BrettFoxstartupceo  10 днів тому

      Good for you! This is not normal for investors, especially VCS, to do.

  • @ThePresidentofPeace
    @ThePresidentofPeace Місяць тому

    Subbed