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Sunday 4 September 2016

HOW TO ATTRACT INVESTORS TO YOUR SMALL BUSINESS.


Congratulations on starting and running your own business as an entrepreneur. Am sure you choose a good business ideas. But you are still having doubts on the business idea to go with, you should read How to choose a great business ideas and guidelines.


Every entrepreneur especially the small business owners want to get investors to invest in their businesses. To attract investors to contribute capitals and ideas in your business, you have to stand out from the rest. To be unique from other entrepreneurs, there are certain qualities you must possess.

HOW TO ATTRACT INVESTORS TO YOUR SMALL BUSINESS.
  • VISION
This is having a clear definition of targets and its very important in business and how to grow your business in future. I am a blogger and my target is to build a strong business and career blog that can stand out from the millions of blogs out there. Having a clear understanding of your goal reflects seriousness.
  • CONVICTION
Being persuasive is a good trait in entrepreneurs. Having a good insight of your business will attract investors to your business.
  • MARKET FIT
Gaining a good knowledge and experience in your business is very important. No investor will want to invest in a business whose founder have little or no knowledge about the business. Investors always run a background check on business founder's professional and life experience before investing.
  • CURIOSITY
Some degree of curiosity is important to run a successful business. No one is an encyclopedia. Change is a constant thing and also apply in business. Be curious about your business, customers and competitors.
  • DISPLAY HUMILITY AND CONFIDENCE
Investors are people you work with as an entrepreneur on a long term. No investors will like to work with a proud and arrogant individual. Show some humility and again display confidence.
  • INTELLIGENCE
Investors look for entrepreneurs who can learn from their environment and experiences. Showcasing your intelligence makes an investor see that you can grow,learn new things, adapt and manage your customers and resources.
  • PASSION AND PERSEVERANCE
Investors need business owners who are passionate about their business, know what they are doing and relentless in their drive and purposes.
  • INTEGRITY
This is very important in business. Be honest,be clear on goals, communicate and share the challenges you face. Investors are there to invest their money,ideas and time on your business. Your integrity counts.

If you are an entrepreneur lacking any of these qualities. Do not panic. Keep learning, keep adapting, be confident and do not relent for most of these characteristics can be learned.

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