TLDR:
- There are certain phrases that startup founders should avoid when pitching for funding, as they can give investors a reason not to invest.
- Phrases like “We can sell this company within five years” and “We don’t have any competition” can be red flags for investors.
Startup founders should focus on demonstrating their commitment to building a successful business and showing how they differentiate themselves from competitors.
They should also refrain from asking investors to sign non-disclosure agreements (NDAs) and avoid making it seem like their company is reliant on funding to get started.
Finally, founders should emphasize the strength and experience of their team to instill confidence in investors.
Overall, by avoiding these five phrases, founders can improve their chances of securing funding for their startups.
