As discussed on the previous blog post, Mark Cuban and Chris Sacca can be the investors for a venture company in the sports industry. Both
of them have been angel investors and helped new businesses. Mark Cuban owns an
NBA team, Dallas Mavericks. Chris Sacca is helping younger ages by supporting
Tony Hawk Foundation.
On my master’s degree program, I have developed a business
plan that is a travel agency specialized in voluntourism for Japanese young
ages. Participants of tours will visit local schools in Asian countries and
teach sports to local children in order to help educational developments by
sports education.
 |
| Photo From Forbes |
Those 2 experts can be investors of my start-up business to
help start-up costs. Moreover, Chris can consult the web technologies on my
business because he has expertise in consulting web and mobile technologies. My
business is more focused on online sales. Therefore, his expertise can be
helpful for my business.
When Mark and Chris
get a new business plan, they pay attention to different points. Mark wants
to know if this business is well designed enough to make profit. Therefore, as
he mentioned, the first paragraph of the business plan is important to catch
his attention to the whole business plan. I have changed the first paragraph of
my business plan to clarify my business, the unique points of my business, and
the structures of making profit.
 |
| Photo From Lowercase Capital |
On the other hand, Chris is looking for if the entrepreneur
identifies the target and knows what problem he is solving. He wants to know
more about the entrepreneur than if the business can make money. Therefore, I
have edited the mission statement on my business plan into clarify why I want
to start this business.
As I mentioned earlier, the first paragraph of the business
plan is important to Mark Cuban, and the mission statement is more important to
Chris Sacca in order to pitch my business plan to them. Both of parts on the business
plan can be said as the core of the business. Especially, the first paragraph
is the key to attract readers. Therefore, if I can make a good opening paragraph
that can clarify the business in a short message, I can pitch my business plan
to investors more easily.
1 comments:
It’s actually a great and helpful piece of information. I am happy that you shared this helpful information with us. Please stay us informed like this. Thank you for sharing.
Oklahoma venture capital
Post a Comment