SME Investor Magazine Jun-Jul 2017 | Page 8

I How to sell your IDEA? I you getting potential investors for your idea. It n certain cas es, first impression can be a last one. If entrepreneurs have been exploring the SME industry and have been trying out to sell their ideas, they should understand the importance and vitality of packaging the idea. The aesthetic quotient needs to be in place if you want to win the heart and the pocket of a potential investor. In this situation, the packaging o f an id e a make s a g r e a t deal of a difference. F o r instance, if you have one that is selling a business idea of making beautiful dresses requiring particular amount of capital and you have another one that sells the same idea at the same price but the packaging of an idea is not pleasing to the eye, you will opt for the first one. If the business idea is professionally and well packaged and you will be assured that you will get a positive response. After all, investors are also investing their time in browsing thousands of ideas they invest their money in. So, entrepreneurs must pay keen attention to the packaging of their business ideas. Packaging is extremely important, because it can becomes associated with it. A negative impression of the packaging will be connected to the repute of the idea as well. A good packaging also spells comfort and convenience for the investor. A poor one will ensure that investors do not even look at what is inside the package. If it is poorly organized, the investor will not be able to find anything that will interest him and this will not lead him into spending more reading or checking. If you plan to sell your idea, such minute aspects should be kept in check. It is an unsaid rule but the navigation has to be smooth. The idea is that the investor should want to read more of your idea. The navigation has to be smooth. The idea is that the investor should want to read more of your idea. The end result of all this is the generation of sale of an idea to willing buyer or investor. A good idea packaging ensures that you get the result you define the future of your proposal. In such a wish for. It creates an impact to all kinds of details. If you are an entrepreneur, you will know scenario, how your packaging looks is of extreme that packaging of anything is extremely vital. importance. It is an important factor that aids in impression on the kind and quality of services that Based on this aspect, a buyer/investor forms an attracting the attention of investors and keeping will be derived. It also speaks volumes about the them wanting to look on what’s inside. If a negative entrepreneur’s commitment to his idea and preparation stages. If an investor’s attention is not perception is built about your idea packaging, it will be extended to the proposition as well. The packaging of your idea aids accelerates the pace of captured by just looking at the package, there is a huge possibility that he will not want look into the package and will not remember the idea. How well you sell your ideas is just as important as how good that idea is. So, let's get started. How do you sell your idea? 1. 2. 3. 4. Strategic Positions Savvy Psychology Slick Presentation Solving the Problem Of course I can't give you a complete information in this one article, but I can supply you with enough tools and knowledge to become the best in selling ideas or anything. 1. Strategic Position: To sell an idea you must have a strategy. Before you begin defining your selling idea, you must create and define a strategy. Your strategy could be as simple as this; "attract small time local investors without them being involved in operation and management of the business". Or your strategy could be a complex and diverse plan of “attracting big established international investors who will be more hands-on on the establishment and management of the business”. Whatever your strategy may be, the most important thing is that you believe in it. If you don't believe in your selling strategy, you have a poor chance in convincing others to believe in it.