If you go in the business like investment, Be mentally prepared for a long and winding road paved with rejection.
There will be countless economic, legal, and emotional hurdles that you will have
to overcome to get the best result for your business.
Absolutely right, most people nowadays they are mentally mindset to become a business minded person, but not mentally prepared of losing
their capital investment, which is they're not ready to lose a big investment, instead, they've been thinking about big profit so when big
problems come they can't overcome it, which is wrong in my idea.
A typical weakness of entrepreneurial companies is a lack of sales talent, other than the owner,
not to mention the lack of a formal sales strategy. If the company has a sales department that can
close deals and increase revenue while you are busy with other things (or on vacation)
investors will have much more confidence in your plan
Investors are more likely to invest in a business that is up and running, even on a small level,
than in one that is only in the idea stage.Its also a good idea to present yourself
in a professional manner when working with potential investors.