🚀 I help healthtech founders fast-track to their first million. 🚀 Healthtech Startup Growth Coach | GTM Strategist | Board Director | Fractional CMO 👉🏼 𝘿𝙈 𝙢𝙚 𝙩𝙤 𝙡𝙚𝙖𝙧𝙣 𝙢𝙤𝙧𝙚
⚾ 𝗛𝗼𝘄 𝗵𝗮𝘀 𝗽𝗶𝘁𝗰𝗵𝗶𝗻𝗴 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀 𝗰𝗵𝗮𝗻𝗴𝗲𝗱? ⚾ Pitching an investor can be stressful - and that won’t ever change no matter what the economy is doing! You’re either going to get traction, or you won’t. You’ll either find an investor, or you won’t. 🙋🏾♀️ But there are things you can consider! For example, ask yourself the question: When pitching an investor in a volatile market, what does change❓ Answer: The type of investor you should be pitching. 🚫 VCs tend to be more cautious and less willing to invest in a bear market. You need an investor who: ✅ Can afford to invest on a gut feeling ✅ Doesn’t need to worry about caution in a volatile market ✅ Has a strong mission focus 👼 Angel investors get into the game for different reasons and are more likely to invest in an outcomes-driven solution over an immediate return on investment. Have you pitched to an investor during the global pandemic and what was the outcome? Share your experience in the comments below! 👇 > > > Check out my full interview with Surefhir Co-Founder and CEO, Ana Gomez del Campo right here: https://lnkd.in/gw5Emip
Spot on! Dr Roxie Mooney, DBA
Super helpful, there was so much I didn’t know about this topic thank you for sharing 🙏
Love this topic Dr Roxie Mooney, DBA. Can't wait to hop onto our collab soon!!
Way to go Ana Gomez del Campo !!
Rather than pitching to investors, spend the energy building the business, and the right investors will come. Building a business in this age is cost effective and customers are easily accessible for genuine offering that help them. There are many financial vehicle than just using equity to grow the business. This is especially true for healthcare where not many angels understand or willing to be involved. If they do, they take the VC approach to due diligence. Focus on building the business. Get early adapters, charge customers for improving their effeciency, use the funds to build cash flow, and continue pivoting to meet the vision. I love Dr Roxie Mooney, DBA slide on Samsung. They were a trading business when they started, trading produce, and now a tech giant. Cash flow is king now. Pivots are how great businesses are built. Keep investors and pitching to them in mind because it'll sharpen your thinking, but don't rely on them. The right investor is a business partner, much like a marriage is. You want to be careful who you want to be married to. It'll shape or destroy you as a person.
Thanks again for having me on Dr. Roxie!
Great points!
This is spot on! Thanks for sharing Dr Roxie!
Great insights!
Dedicated Franchise Enthusiast and Connector | Building Relationships and Cherishing Family Values in the Business World 🌐🤝👨👩👧👦 #FranchisePassion #RelationshipBuilder #FamilyFirst
4yGreat advice and an improvement shift in thinking with the current market!