Top 6 Mistakes That Kill Your Funding Chances
Avoid these critical errors that cause 90% of funding applications to fail. Learn from the mistakes of others and position your startup for investment success:
- Weak Financial Projections: Unrealistic or poorly researched financial forecasts that don't align with market realities.
- Unclear Value Proposition: Failing to articulate exactly how your product solves a real problem in the market.
- Inadequate Market Research: Not demonstrating deep understanding of your target market and competition.
- Poor Team Presentation: Lacking the right mix of skills and experience to execute your business plan.
- Overvaluation: Setting unrealistic company valuations that scare away potential investors.
- No Traction Evidence: Unable to show customer validation, sales, or user growth metrics.