Some startups think their business will succeed based on the idea, the technology, the market or something else. They think their technology will win the day, or that their idea is so great, or the market is growing so fast that they will succeed based on that alone.
For the investor, all of these are important, but in the end it’s execution that matters most. Execution turns the technology, idea, or market into a winning business.
In your pitch, demonstrate your past execution successes and talk about how you will execute on the idea. Show how you will execute on your technology and how you will execute to penetrate the market.
Investors determine investments based on the startup’s proven ability to execute.
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NOTE: Investor Connect is a program under the Texas Open Angel Network which is a 501(c3) non-profit dedicated to the education around startup funding. Hall Martin is the principal contact, and may be reached at http://www.investorconnect.org/contact.
Hall T. Martin is the Director of Investor Connect which is 501c3 non-profit dedicated to the education of investors for early stage funding. All opinions expressed by Hall and podcast guests are solely their own opinions and do not reflect the opinion of Investor Connect. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.