Beyond the Plan: What Investors Want to See From Solopreneurs
By: A Staff Writer
Updated on: Jul 25, 2024
If you’re seeking funding, your business plan must go beyond the basics. Here’s what to emphasize:
- Passion & Expertise: Your knowledge of your niche must shine through.
- Proof of Traction: Early clients, testimonials, even a waiting list are powerful.
- Market Understanding: Show you KNOW the numbers and the potential.
- Financial Savviness: Basic projections and responsible spending win trust.
- The Scalability Factor: How will this business grow beyond just YOU?
- Exit Strategy (Eventually): Investors want to see how they get their money back.
Prove you’re not just in it for the lifestyle, but to build a valuable asset.
A fundable solopreneur business is about building trust, not just having a great idea.
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