What do scalable startups such as Facebook, Google, and Amazon have in common? Each scalable startup was funded by investors. And not only that, each of the aforementioned startups developed a profitable business model that brought in extraordinary return on the initial investment.
Obtaining funding for investment in a scalable startup is a tough task. It is estimated that only 1-2% of first time applicants/startups succeed in obtaining funding from investors. In other words, 98-99% of startups fail to get funding for their businesses while pursuing their dreams. Without funding, the vision of a scalable startup will remain a pipe dream which results in a serious waste of resources especially time and talent.
In this presentation, "25 Investor Questions (IQs)" are presented in six categories or "Toll Gates" for Business Model Profitability. Deeply understanding and continuously answering these 25 IQs would dramatically increase the chance of a startup to obtain funding. In 2007 and as a first time applicant/startup, I used the approach of the 25 IQs to obtain an investment of US$400,000. If I could do it, you can do it too. All you need to do is to continuously answer and diligently present your responses and lessons learned based on the 25 Investor Questions (IQs) ... at the right time!