In: Operations Management
The Executive summary is a written version of what is known as
an
“elevator pitch”. Imagine yourself on an elevator with a
potential
lender or investor. Only the two of you are on the elevator, and
you
have that person’s undivided attention for the duration of the
ride,
but the building is not very tall! Explain the five-part framework
that
you would use to convince the investor that your business is a
great
investment
Here we will discuss the five-part framework that we will use to convince the investor that our business is a significant investment.
It is imperative to convince the investor that our business is an excellent investment, and for that, we will use the 5 part framework to do the same. Investors are the necessary part of any business deal or any investment di that will be happening in future, therefore, investor plays a significant role and we have to convince them entirely that the business deal they are going to invest in is a great deal.
SMALL TALK:- the first part of 5 part framework ok is the small talk as during the elevator ride it is imperative to start talking with short tops or little conversation with the investor to make sure that the establishment of low bond take place within that period so that the investor and the employee of the employer can be comfortable with each other.
INFLUENCING THEM:- it is vital to ensure that we are shaping the investor toward a business deal with the appropriate significance because when the investor scenes interested and influenced it will benefit the business deal in future and hence, the investor will get convinced easily that our business is a great investment deal.
SHOWING INTEREST IN THEIR ADVICE:- whenever we are taking a track towards the conversation, it is essential to show the interest in the person's advice. This way, they will feel more satisfied and convince that we are interested in their information and not just their money.
TALKING WITH AUTHENTICITY:- proof are very important when we are taking attract towards the conversation with the invention; therefore, we must focus on communicating with the investors with some authenticity so that we can improve our points and time the investor seems to doubt in their mind.
EQUITY CROWDFUNDING: When the right time comes with the investor's collective decisions, one should plan about equity crowdfunding. It will help the investor get wholly convinced that the company's reputation is excellent that they can go for the option like equity crowdfunding in the open market from the public.
Hence, these are the five parts framework that we will use to convince the investor that our business is a great investment deal.