Entrepreneurs who are fortunate to partner with Venture Capital and Private Equity firms must identify the Gifts of their current and future staff to rapidly grow their companies to supersede ROI expectations.
Do you know the Gifts required to improve human performance and potential to swiftly grow your company? Engage Milestone’s former Fortune 500 executives, entrepreneurial leaders, human resource professionals and psychologists to Supercharge Your Company Today!
How You Can be Viewed as a Fundable Entrepreneur
By Martin Zwilling
Investors are people too. They evaluate you like you should assess a possible co-founder or first employee. What are your credentials? What have you done that would convince me that my money is safe in your hands? Only after they see you as fundable, do they want to assess your plan for fundability, not the other way around.
Even with great credentials, it is all too possible for an entrepreneur to come across as a high risk investment. Here are some “rules of thumb” that indicate a marketable and experienced entrepreneur:
Highlights team strengths, more than his own. Some entrepreneurs seem to never stop talking about themselves, and all their accomplishments. The best ones talk more about how they have assembled a well-rounded team, and will continue to fill in the gaps.
Talks about the implementation plan, not the idea. Most entrepreneurs are great at envisioning their business idea, but the implementation is fuzzy. Experienced entrepreneurs talk about their implementation and rollout plan, with real milestones and quantifiable results.
Customer needs and benefits first, then product features. The best entrepreneurs show that their market domain knowledge is as strong as their product technology knowledge. They are able to weave their solution into the market, the opportunity, and customers, in a way that sounds like a natural fit, rather than a product sales pitch.
Focus is clear, not all over the map. Success means the entrepreneur must be laser focused on driving the business, passionate about a product, and passionate about a specific set of customers. If the business plan reads like a smorgasbord of offerings, there are probably not enough resources to do any well, and customers will be confused.
Are You Using Your Gift At Work?
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Each year it is estimated that US corporations lose an estimated $350 Billion due to low productivity of actively dis-engaged workers. To help people and corporations solve this problem, The Milestone Brand (TMB) co-founders, Darrayl & Derrick Miles have authored Superhuman Performance, a two-part book series emphasizing Utilizing Your Gifts to Perform at Extraordinary Levels.
In this series, the Miles brothers called on their friends who many regard as some of the world’s most powerful leaders and influential personalities to partner with them to Transform Organizations and the Lives of Millions of People around the World.â€
Pick up your hardcovers to learn how to use what’s already in you to obtain the promotion, generate the profits and live the life that you deserve!
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Created by “The Architect of Superhuman Performance;” Derrick Miles
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