Close Menu
  • Home
  • News
  • Lifestyle
  • Law
  • Business
  • Education

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Pennsylvania House Passes Cannabis Legalization Bill

May 8, 2025

Cannabis Company CEO Considering New Mexico Gubernatorial Bid

May 8, 2025

U.S. Supreme Court Declines to Hear Challenge to Medical Cannabis Advertising Ban

May 8, 2025
Facebook X (Twitter) Instagram
Friday, May 9
  • Home
  • Contact
  • Privacy Policy
  • Terms & Conditions
Facebook X (Twitter) Instagram LinkedIn VKontakte
Smoke Professional
  • Home
  • News

    More Than 1,000 Arrested in Sweep of U.K. Weed Grows

    July 8, 2023

    Scotland Calls On UK To End ‘Failed’ Drug War With Decriminalization And Harm Reduction Approach

    July 8, 2023

    Germany’s draft law for first phase of cannabis reform

    July 8, 2023

    High Times Cannabis Cup Illinois: People’s Choice Edition 2023 Kicks Off

    July 8, 2023

    Pennsylvania Committee Advances Expansion to State Medical Cannabis Program

    July 7, 2023
  • Lifestyle

    How Watching the News Can Trigger Anxiety and Panic Attacks

    October 28, 2024

    Record High Cannabis and Hallucinogen Use Among Adults

    October 27, 2024

    Weekend Sleep Catch-Up May Lower Heart Disease Risk by 20%

    October 27, 2024

    Energy Drinks Linked to Poor Sleep Quality and Insomnia

    October 26, 2024

    First Psychedelic Church for Magic Mushrooms

    October 26, 2024
  • Law

    Pennsylvania House Passes Cannabis Legalization Bill

    May 8, 2025

    Nebraska Lawmakers to Reconsider Bill to Implement Voter-Approved Medical Cannabis Law

    May 7, 2025

    Bill to Legalize Adult-Use Cannabis Filed in Pennsylvania

    May 6, 2025

    New Hampshire Senate Blocks Adult-Use Cannabis Legalization Bill

    May 2, 2025

    Cannabis Taxation: C Corp, S Corp, LLC, LLP, Partnership, Nonprofit, or Something Else for Your Cannabis Business?

    April 30, 2025
  • Business

    Cannabis Company CEO Considering New Mexico Gubernatorial Bid

    May 8, 2025

    U.S. Supreme Court Declines to Hear Challenge to Medical Cannabis Advertising Ban

    May 8, 2025

    Minnesota Cannabis Licensing Lotteries Scheduled for June 5

    May 7, 2025

    Ohio Senate Passes Bill Imposing New Regulations on Intoxicating Hemp Products  

    May 6, 2025

    Tax Hikes Coming to California Cannabis Industry

    May 5, 2025
  • Education

    CBD and the Aging Population—What Science Says Today

    March 12, 2025

    Wholesale Nootropic Skincare: Boost Your Product Line

    March 10, 2025

    Ideal for Your Business Needs

    March 8, 2025

    A Must-have For Every Smoke Shop

    March 3, 2025

    The Perfect Addition to Your Product Line

    March 1, 2025
Smoke Professional
You are at:Home»Business»How to Avoid Scaring Off Investors
Business

How to Avoid Scaring Off Investors

adminBy adminJanuary 16, 2023No Comments4 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
How to Avoid Scaring Off Investors
Share
Facebook Twitter LinkedIn Pinterest Email

Every industry—and every company—needs visionaries. These are the leaders with the big ideas who possess a driving passion for the business and generate excitement. Investors often are lured in by the dazzling personality of a visionary or the compelling way they pitch their product or service, but it takes more than a song and dance to convince them to open their wallets. A visionary who cannot back up claims with a clear path forward quickly will lose favor among investors.

If you or your business is counting on a single person or vision to secure and maintain investment, you’re going to lose opportunities. Here is what to avoid if you want to attract investors and keep them interested.

Don’t mistake the sizzle for the steak

Sometimes a company’s visionary has the knowledge and skills to manage a business, but more frequently they do not. Don’t make the mistake of thinking your chief executive officer’s amazing presence and sparkling personality will provide enough energy to fuel the imagination of investors. Be certain your business has a well-researched and carefully constructed business plan as well as the knowledge and experience to pull it off.

Keep in mind visions do not make a business successful—people do. Investors want to know there are experienced, talented people behind your vision. It is not enough to know your vision; you also must know the business of doing business, inside and out. Therefore, identifying the skills your company lacks and how to acquire those skills is critical to gaining investor confidence. Investors want the excitement of a grand vision, but they also want the security of a capable team.

To that end, recruit your staff with an eye toward filling in any knowledge gaps, and be able to provide evidence that your team has the skills and knowledge to navigate the ups and downs of running a business. To an investor, an inability to manage a balance sheet or properly forecast cash flow is an alarming red flag. If your company’s visionary does not know how to run and manage a business, know this is not unusual—but be sure to find someone who does know how to do both in order to boost investor confidence.

Build toward a goal

Companies love pointing to big announcements of product launches, significant new hires, or big innovations to draw attention. Although these accomplishments are important and may create headlines, earth-shattering company news does not occur every day. Do not depend on it to drive investor interest. Instead, create a timeline for achieving your vision as part of your overall strategy, and set goals to reach the vision. Milestones achieved consistently along the way often can make stronger and more frequent impressions among investors than huge, once-in-a-lifetime wins. What’s more, attempting to execute a grand vision prematurely rather than one step at a time can set off alarm bells. Attempting to do too much too soon can appear disorganized and costly. Demonstrate your team’s skill and efficiency by sticking to incremental goals.

To that end, keep milestone goals trackable and attainable, with the knowledge that small successes today set the stage for future major achievements. Resist the urge to hype accomplishments prematurely. Above all, maintain an even keel. Investors want to see movement and momentum on an ongoing basis rather than fits and starts that appear unplanned or haphazard.

Cover the basics

In order to avoid the appearance of “head in the clouds” leadership, balance your aspirational vision with a firm and clear-headed recognition of reality. Demonstrate that you have an understanding of what your business will need to succeed along each step of the way. Be able to articulate your approach for scaling the company when the time comes—and know how to identify when that time arrives. In addition to developing these long-term strategies, be certain your business has the basics covered.

  1. Demonstrate a clear understanding of cash-flow management.
  2. Maintain clean, clear, and realistic financial projections.
  3. Determine a compelling product or service differentiation that shows why your company rises above the competition.
  4. Know your addressable market size and secure applicable intellectual property.
  5. Recognize current shortfalls and have plans to overcome them.

The brief history of the cannabis industry has seen its fair share of bold-talking entrepreneurs who started out strong only to crash under the weight of their hubris. Investors see this arrogance as an instant turnoff and a warning sign that business challenges will be met with stubbornness and resistance. On the contrary, a sense of humility and a willingness to listen to feedback demonstrate an open approach many investors recognize as essential to success. Stay humble and grounded, and leave no doubt your company can work together with investors.



Source link

Avoid Investors Scaring
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleWhat happens after taking CBD for 30 days?
Next Article Cannabis Gummies – Everything you need to know
admin
  • Website

Related Posts

Cannabis Company CEO Considering New Mexico Gubernatorial Bid

May 8, 2025

U.S. Supreme Court Declines to Hear Challenge to Medical Cannabis Advertising Ban

May 8, 2025

Minnesota Cannabis Licensing Lotteries Scheduled for June 5

May 7, 2025

Comments are closed.

Our Picks

Pennsylvania House Passes Cannabis Legalization Bill

May 8, 2025

Cannabis Company CEO Considering New Mexico Gubernatorial Bid

May 8, 2025

U.S. Supreme Court Declines to Hear Challenge to Medical Cannabis Advertising Ban

May 8, 2025

Minnesota Cannabis Licensing Lotteries Scheduled for June 5

May 7, 2025
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Don't Miss
Law

Pennsylvania House Passes Cannabis Legalization Bill

By adminMay 8, 20250

The Pennsylvania House of Representatives on Tuesday gave initial approval to an adult-use cannabis legalization…

Cannabis Company CEO Considering New Mexico Gubernatorial Bid

May 8, 2025

U.S. Supreme Court Declines to Hear Challenge to Medical Cannabis Advertising Ban

May 8, 2025

Minnesota Cannabis Licensing Lotteries Scheduled for June 5

May 7, 2025

Subscribe to Updates

Get the latest creative news from Smoke Unlimited about Weed & CBD vaping.

From Our Partners
About Us
About Us

Get all the current news stories, latest trends and legislation regarding cannabidiol, products, usages and its benefits. So don’t miss out any buzz and stay tuned! We offer a minute to minute updates regarding Marijuana industry.

Facebook X (Twitter) Instagram Pinterest
Our Picks

Pennsylvania House Passes Cannabis Legalization Bill

May 8, 2025

Cannabis Company CEO Considering New Mexico Gubernatorial Bid

May 8, 2025

U.S. Supreme Court Declines to Hear Challenge to Medical Cannabis Advertising Ban

May 8, 2025
Sponsors
Copyright © 2025. SmokeProfessional
  • Home
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.