On the new streaming show Entrepreneur Elevator Pitch, founders step into the Entrepreneur Elevator and have just 60 seconds to present their idea, product or business to a panel of investors. Whether an entrepreneur gets invited into the boardroom or sent back to the ground floor depends on what our experts think in that first minute. Here, we break down the lessons aspiring business owners can take away from each episode’s pitches.
There are many reasons entrepreneurs seek funding for their businesses. They may be ready to ramp up manufacturing and lack the resources to do so. They may need the capital to invest in getting the word out about the new product they’ve developed. Often, they simply need access to the many valuable resources investors have at their disposal.For many business founders, though, investors bring a far more important asset to a startup. Most investors are experienced professionals who can bring experience and insight to a particular business. In the sixth epicontinue reading →