There is one thing that all people who want to launch a startup have in common. They all need money to do this. Therefore, they all need to come up with a pitch that will convince venture capitalists and other investors to take a chance on their particular idea. As you might imagine, this is not the easiest thing in the world to do. Investors are usually very cautious about who they will invest money with. Eric Pulier understands this perfectly. He realizes that the investors will be taking all of the financial risk if they put money into one of his startups. Therefore, he has a strategy that he uses for attracting investors to his projects.
One of the many reasons why Eric Pulier has become so incredibly successful is because he knows how to talk to the people with the money. This is a vital skill in the startup world. No money means no startup. It is just that simple. Eric has become very skilled at pitching his ideas to venture capitalists. He starts out by clearly explaining the product or service that the startup will be providing. It is very important that all of the potential investors have a very clear understanding about what they might be putting their money into. Eric understands that potential investors who feel they don’t understand what a startup will do once it is launched are less likely to invest in it. This is why he goes out of his way to put all of his investors at ease. He answers any questions they might have.
Eric then talks about his business plan to the potential investors. He demonstrates how the startup will be promoted and reveals the specific customer demographic that will be targeted. This gives the investors a good idea about the possibility of the startup catching on. Eric makes sure he has all of this info at his fingertips before he enters a pitch meeting. Being prepared is key at a meeting like this. Eric will be the first to tell you that investors hate people who are unprepared.