The 6-Minute Investor Meeting
<p>The most effective investor meeting I have ever attended was an introductory meeting with a potential investor. It was done in mere 6 minutes.</p>
<p>The sales guy kicked things off with a friendly introduction. Then smoothly transitioned into the pitch, to explain the project’s details.<br />
But just a minute later, the potential investor jumped in, pausing the presentation with something important to say.</p>
<blockquote>
<p>“I know you, I know the other investor. I see the rest of you. I believe in this project. Stop pitching.”</p>
</blockquote>
<p>The sales guy was shocked, he believed that the deal had already been sealed. Could this mean a success?</p>
<p>The investor proceeded to draw a chart on a piece of paper:</p>
<p><img alt="" src="https://miro.medium.com/v2/resize:fit:570/1*4BvcrYkqvS2L7ldRW3YwQw.png" style="height:312px; width:570px" /></p>
<p>Startup revenue chart by the Author</p>
<blockquote>
<p>“I am only interested in two points:<br />
- lowest money point<br />
- break-even point</p>
<p>If you can answer both, I invest, otherwise we’re done”.</p>
</blockquote>
<p>The meeting came to a conclusion. Simple as that.</p>
<p>He then shortly explained:</p>
<ol>
<li>In any investment project, there’s a stage where you spend money before you see any results. We call this the “lowest money point,”.</li>
<li>The break-even point is when the money spent equals the money earned.</li>
</ol>
<p><a href="https://denisavgustin.medium.com/the-6-minute-investor-meeting-2952eded04eb"><strong>Website</strong></a></p>