How do you handle an Investor Speed Networking event? Here are a few tips to increase the success of your encounter.
In this case, Imagine you are a fund looking for investors
FIRST – WHAT NOT TO DO
- Don’t rush
- Don’t just pack the encounter with facts
- Don’t do all the talking
- Don’t aim to run through a scripted pitch
INSTEAD – PREPARE USING THESE 10 STEPS:
- Start each encounter with an introduction and a swap of cards – learn the other person’s name
- Ask some questions first – for example, to an investor, ‘What type of investments are you looking for now’
- Listen to the answer for clues that tie their needs with what you offer
- If there is clearly no fit, say so – but ask if they would be interested in hearing more – in case they know someone who might be interested
- Have a strong one-line introduction to your elevator pitch which sums up your offer in a different way. Make this one-liner memorable. E.g. at Benjamin Ball Associates we say “We help senior management be more effective in how they Pitch, Present & Persuade
- If they are interested, go on and say more. Unfold what you offer bit by bit. Keep checking you have interest and understanding at each stage
- You should be in a dialogue by now. Keep asking questions
- Finish with a summary of what you have discussed
- Agree next steps
- Keep your promises and follow up
Good luck.
If you want help to prepare or practice your investor speed networking, contact us today.
Founder and MD of Benjamin Ball Associates - presentation training experts
[...] to meet an investor and engage. To help hedge funds pitch successfully at this, we produced a set of speed networking tips. These are equally relevant for other B2B speed networking. Read our tips [...]