Mayo615's French Odyssey Week 24 - What Do Investors Want?
Channel: Mayo615
Date: 2019-09-17

Hello! 
And welcome to the Week 24 Update of Mayo615’s Odyssey to France and how to turn Big Ideas into Big Realities. I am focusing today on what investors want to see in order to invest. I also have the answers to my quiz on Apple and Microsoft from last week. 
What are investors looking for, the Big Idea or the team that is presenting to them? I will tell you bluntly that it is the team, the team and the team in that order. A Big Idea is nothing unless the investors believe that the team has the character, experience and skills to execute on it. The VC’s must believe in the founder and CEO and of their ability to execute on the crucial issues to success. The founder must understand his or herself, their strengths and weaknesses, and have built a team with complimentary personal attributes, not people like themselves. Expect to be invited to meetings where the founder and team will be sharply questioned and evaluated. They may well challenge your views to see how you handle yourself. They may insist that you accept their ideas. The VCs or angel seed investors are simply doing their “due diligence.” The simple willingness to listen to potential investors’ criticism may be the key to your success.
The answers to last week’s quiz on Apple and Microsoft are “strategic inflection points” and “industry analysis.” Both Apple and Microsoft have experienced strategic inflection points, but at different times and for very different reasons. “Industry Analysis” is, at this time, crucial to determining the future of the global smartphone market and the outcome is yet to be determined. 
That’s my management update for this week. I look forward to your questions and comments. I will respond to all comments and may feature comments in our update videos. If you like what you see here, recommend us to others and click here to SUBSCRIBE NOW