99% of business plans get rejected by investors. Here are the 3 things that you need to do right if you want investors to pay attention to you and avoid having your plan thrown into the garbage can.
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1) Executive Summary
2) Management Team
3) Financials
jaz:
"Yes! I would like to say THANK YOU SO MUCH !!! for sharing your Idea .. I just wanna ask too, how to make a business plan for my investor ,the plan that is clear to them to show how them money grow ,for ex. i have a small lending company and my brother plan to invest but of course i wanna show Him clearly the future of Him money Your reply is highly appreciated"
In this video, Evan Carmichael dives into the crucial aspects of creating a business plan that not only captivates investors but also opens the doors to funding opportunities for your business. Addressing a question from a viewer named Jaz, Evan shares his expertise drawn from his experience as a venture capitalist. He emphasizes the importance of crafting a winning business plan that stands out in the competitive market. The video is a treasure trove of insights for entrepreneurs looking to understand what investors look for in a business plan.
Evan outlines the three essential elements that every investor scrutinizes in a business plan: the executive summary, the management team, and the financials. He stresses the significance of making the executive summary concise and understandable to pass the "grandmother test," ensuring it's clear enough for anyone to grasp the business concept. Additionally, Evan discusses the critical role of showcasing a strong management team with the capability to execute the business idea successfully. He also highlights common mistakes entrepreneurs make in the financial section of their plans and offers valuable advice on how to present realistic financial projections to spark investor interest.
For anyone aiming to secure funding for their business, this video offers a stepbystep guide on how to create a compelling business plan. Evan provides actionable tips on refining each section of the plan to meet investor expectations, from simplifying the executive summary to demonstrating the strength of the management team and making sense of the financials. This comprehensive guide is a mustwatch for entrepreneurs and business owners looking to make their mark and attract the right investors. Don't forget to subscribe to Evan Carmichael's channel for more insights on selfimprovement and business strategy.
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