Ways to Deal with a Potential Investor with an Unbearable Attitude
Winning investors over takes time and effort. You should give them reasons to believe in what you have to offer. They’re going to spend money on you. It’s natural for them to ask questions and doubt your plans. You should be patient and realize that it’s part of the process. However, there are instances when these potential investors are too much to take. They hold the powers in the transaction and they might make it part on you. If you believe that as a potential investor has an unbearable attitude, these are the things you need to do.
Weigh your options
You have a choice to walk out of the deal. If you think that you can no longer continue the partnership, you can politely end the conversation. However, you need to realize that finding a new investor might take more time. If you’re willing to go through the entire process again, you can leave the person behind. Otherwise, stay patient and give the partnership another shot.
Suspend judgments
Perhaps, you have a terrible impression of the potential investor because you made judgments right away. Try to be more understanding. When you get to know the investor better, you will change your views. Again, you have to understand that this person will spend money on your business ideas. It’s not easy to trust anyone. If it comes off as being arrogant, you might have biased views. Learn to get past it and keep the partnership going.
Be honest
If you want to make the partnership work, you have to be honest. It’s the only way to have an excellent relationship. If you already have a rocky road at the beginning of the transaction, it could get worse. However, if you made yourself clear, there might be a change in attitude. There’s also a risk that the other person will not take your honesty in a positive way. Be prepared to end your partnership because of what you’re going to say.
There are other potential investors
If you already decided that you can’t keep up with this investor, you should end things now. You’re only wasting your time if you continue the partnership if it doesn’t make you happy. Remember that you still have a long way to go. Once you already commenced your partnership and closed the deal, there will be more to come.
Besides, there are other potential investors out there. You don’t have to take someone who don’t share the same values. You also don’t want to steer your business in a direction that goes against what you stand for.
Hopefully, you will find the right investor and make your business successful. It might take time, but it would be worth it. You should also consider other means of getting financial resources apart from pitching ideas to potential investors.
Photo Attribution:
1st and featured image from https://learn.g2.com/what-is-corporate-law
2nd image from https://www.moneycrashers.com/positive-attitude-change-bad-financial-habits/
