If you’re a pre-MBA student or recent graduate, landing your dream job isn’t an simple task. Once you’ve submitted your resume, cleared initial screenings, and landed an interview, there are many questions you’ll be asked about your experience, background and capabilities. The investor will be the one to decide whether or no to invest in your idea. This is a very crucial interview. Being prepared for these interviews can help you ace your interview and obtain the funds you need to help make your dream of becoming an entrepreneur a reality.
How big do you envision the market for your product?
This is a method for the investor to gauge how much potential there is for your company. They will be looking to determine how large the market is for your products and services, and how you plan on tapping into it. Be honest and ambitious in your projections.
What do you think are the main risks and challenges for your company?
Investors will be interested in hearing how you plan to overcome them. A solid strategy for the future of the business will demonstrate your confidence in the ability to expand and make the company successful.
Do some research on the investor prior to your interview. This will provide you with a better understanding of what they are interested in as well as what kind of companies they’ve invested in previously and how they like to collaborate with entrepreneurs. You can also search for interviews they’ve done online or in print, in which they talk about their investing philosophy and the qualities they’re looking for in a company.
