Wed, 21 October 2020
In today’s show, you’ll hear investor perspectives on the growing HR tech sector. This is Investor Perspectives, I’m the host of Investor Connect, Hall T Martin, where we connect startups and investors for funding. HR Tech continues to grow and advance based on new technologies. In today’s show, you’ll hear about a new company in the sector called Upskill. Our featured guests are: Jenny Ervine, Lead Investor I hope you enjoy this episode. For more episodes from Investor Connect, please visit the site at: http://investorconnect.org Check out our other podcasts here: https://investorconnect.org/ For Feedback please contact info@tencapital.group |
Wed, 21 October 2020
Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. In pitching investors, you must have a competitive advantage and be able to demonstrate it. It’s not enough to say your product is better or your team will execute faster. You must identify your core competitive advantage and show how it gives you at least a 30% cost reduction or a 30% revenue increase over the traditional methods. This could be through network effects, virality, channel access, or monetization. If you are concerned about protecting your business idea, then focus on the benefits of your competitive advantage such as, “our software reduces cost by 30% through better algorithms than the competition.” You don’t have to go into the details. In due diligence, investors can sign NDAs to see the detailed workings.
Direct download: Demonstrate_Your_Competitive_Advantage.mp3
Category:general -- posted at: 7:00am CST |