It is advisable to find a few interested people who would be willing to invest free money in the development of your idea. Then you can negotiate from a position of strength and dictate terms. But newcomers rarely find more than 1-2 interested people, which is why one should approach the negotiation process very carefully.

To convince the investor that he will make a profit is the main task of these negotiations. It should be remembered that they will not only look at the prospects of your project, but also at you, so you should watch your speech, appearance and manners.

“It is advisable to answer all the questions that potential investors will have. This will guarantee that you are really working on your business idea, and stupid mistakes will not occur at the implementation stage.”

Negotiations are the most important part when searching for an investor.