Successful investing requires four distinct steps. Without a clearly defined investment goal, it’s impossible to have a proper investment strategy. The most common investing goal is retirement, but there are other goals worth considering. Short-term goals (0 to 2 years). Examples include saving for a car or a trip in the short term.
One way to approach investor is to convince him about the suitability of your project. An investor’s main goal is to earn money make sure to let him know how and what he will be gaining from this investment. Yes, the best way to stand out and be convincing is to show the estimated return figures.
The first step to convincing investors to key into your idea is to draw up a business plan. Your business plan should contain what your business is all about or what it has to offer, goals you aim to achieve, how you intend to achieve the said goals, who your potential customers are and strategies to entice them among others.