Attracting, evaluating & criteria about Investors

How to attract good investors?

Apply the core ninja principal:

If you go out looking for cash….
You’ll find people who tell you how to improve your business….

If you go out looking for people to improve your business (real entrepreneurs)....
You will find cash! (and you will have people to help you improve your business too...cool huh?!)

How to evaluate an investor?

The real value of an investor is inversely proportional to how he will try to take advantage of you.
Basically, the more he will try to screw you, the lowest is its value. … apply the ninja rule...

What to look for in an investor?

1- Network

2- Experience

3- Money

How to select your investor?

1- Identify your need

2- Identify the best people who can help (use the beachhead model)

3- Request help (apply the ninja principle)

Bizplan = entrepreneur handcuff for investors

Business plan is an amazing tool to help entrepreneurs clarifying their vision but its used as a risk tool by some investors to reduce their risk, basically its handcuff for entrepreneurs. Many investors (no value investor/only money investors) will use it to reduce their risk. Less values your investors will bring on the table the more they will use your own business plan to hang you and the worst valuation they will give you. Basically, the less value they bring on the table, the more they will try to screw you. Learn to negotiate, stay in a strong position, its like war.

5 Lessons Entrepreneurs Can Take From D-Day
http://www.linkedin.com/today/post/article/20130607022027-37142409-5-lessons-entrepreneurs-can-take-from-d-day?_mSplash=1