Chris Burch is an entrepreneur and investor who’s worked in New York for nearly 40 years. He currently serves as CEO of Burch Creative Capital. His company follows his lead when it comes to investing, only chasing dreams he believes will work out.
Throughout his career, he’s worked in numerous industries. He’s not one of those investors that only stay in a certain industry. He loves exploring new businesses and learning how to succeed in places he’s never been before. It’s his way of keeping his investment skills sharp while also satisfying his entrepreneurial appetite.
His latest project involved advising young entrepreneurs through his blog. He doesn’t see the point in making people pay for information that may be detrimental to the survival of their startup. Most of his blog posts involve advice on how to find investors, which in New York, is quite a competitive sport.
There aren’t too many investors out who just want to give away money. All of them expect a certain level of professionalism from startups, and with Chris Burch’s tips, startups can attract several investors. The first thing he tells them to do is keep everything simple.
When investors start asking people about their companies, they only want to know what the companies do to see if they want in on the startup. Most of the time, entrepreneurs can get over excited and over explain things and bore their investors. The best way to answer questions is short and direct.
Also, it’s important not to let setbacks and rejection get too heavy. Not every investor wants to invest in every startup, so they’re going to say ‘no’ sometimes. Chris Burch says that startups shouldn’t get bogged down and start thinking their idea isn’t good (medium.com). Sometimes, investors weren’t really looking for something to invest in any way.
Read more, visit https://ideamensch.com/chris-burch/
The biggest mistake that startups make is using fancy words to try to impress investors. Just use common words and talk like a normal person. Related article on entrepreneur.com.