An entrepreneur must pitch a potential investor for what the company is worth as well as sell the dream on how much of a profit can be made.
From Daymond John
If I invest in a CEO, I need him or her to have experience in sales.
I look to work with businesses that know what they are doing but need larger distribution or exposure.
I've come to learn that my initial investment is more about the person versus the product that I am buying into. I've also learned that I really do enjoy giving worthy people an opportunity of a lifetime.
I already have enough apparel businesses that are either doing well or not really doing anything at all, and I'm looking to broaden my portfolio.
The things that I've learned is, try to make all the mistakes with your own money and on a small level so that when you are responsible for a partner's money or assets, you've learned, and you don't make bigger mistakes.
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