#Entrepreneurship #Cofounder #InvestorPitch
Have you ever had an experience where a potential cofounder grilled you like an investor during an interview? 🤔 Let me tell you about a recent encounter I had that completely shifted my perspective on pitching and collaboration.
Here’s the deal:
– Found someone with an impressive background who approached our conversation like an investor pitch
– He challenged my assumptions, questioned my business model, and gave me some harsh truths
– Instead of feeling defeated, I embraced the challenge and defended my ideas with research and data
– Surprisingly, I found the experience incredibly valuable and left the call feeling motivated
Possible solution to benefit others:
– Treat every conversation with a potential cofounder as if you’re pitching to an investor
– Embrace tough questions and feedback as opportunities for growth and improvement
– Back up your ideas with solid research and data to build credibility
Share your experiences and thoughts on pitching to cofounders and investors! How do you handle tough feedback and criticism? Let’s learn from each other’s experiences. 💡🚀
Mind if I ask how is it you found a cofounder to even interview with?
I figure I should say that this isn’t entirely true. The best cofounders are people you enjoy working with and can see a strong relationship going forward. Investors, meh. It’s a whole lot easier to sell to people you won’t need to work with everyday and can have 25 different companies they’ve invested in besides yours. While yes, if you are physically unable to get a cofounder it probably speaks to your ability to sell yourself to your friends and others, it doesn’t necessarily mean you can’t get funding. Basically, it’s easier to BS an investor than a cofounder.
Can yall help me get some karma to be able to comment a question thats been bugging me out 😭
Good on your for having this conversation. Be wary of potential co-founders who don’t have good questions or who aren’t willing to challenge your initial assumptions.
If you do move forward with this person, I’d suggest the same level of scrutiny apply to their experience and what they bring to the table. You want to avoid a co-founder who only challenges ideas without adding any real value.
That’s a great exchange! I hear a lot of awful pitches and mostly I just look for a polite exit from the conversation. My experience is most people will not like it at all if you push back on their passion project, no matter how delusional it may be.
That’s not true. Cofounders are much harder because it’s a higher commitment risk to get them on board.
They are fully investing in one project and if that fails has much more impact.
As an investor, you’re just one company in their portfolio, and depending on who they are if you fail that’s a rounding error for them.
Hence, much less commitment is needed to get funding than a cofounder.