Communication with the seller

[sadiksojib35]

It is definitely worth talking to the seller in person to understand not only his goals and objectives, but also who he is as an entrepreneur and a person, what kind of team he has.

The professionalism, experience and reputation of the team, the personal brand of each team member, their behavior in the public sphere and interaction with others play a major role in business development. The manager must be "transparent" and have a good reputation.

What to ask :

About long-term prospects. What are the seller's plans for business development and income increase?
About the team. Who is on it? What is the lithuania whatsapp phone number professional experience and achievements of the team members? What are their ambitions and goals? Have the team members received good reviews, what reputation in the industry have they earned?
About investments. Who has already invested money in the seller? In what volumes, on what terms?
Don't be shy about asking uncomfortable questions. The more details an investor gets, the less risk he will have.



Additional recommendations
You can conduct an additional psychological check of the seller by asking him for a personal guarantee as a guarantor of the safety of the investment capital. This will help assess his confidence in the success of the business and the honesty of his intentions. If he starts to prevaricate, this may be an alarming signal that he is not ready to guarantee his assets.

When interacting with a specific seller for the first time, you should not invest large amounts at once. You can split them into several tranches: for example, not 5 million rubles at once, but transfer 1 million rubles. It is better to lose 1 million rubles than 5 million rubles. Invest in stages, checking the results at each stage.

It is also worth avoiding experiments. Do not invest large sums in projects that are at the experimental stage. Wait for confirmation of their success on small amounts. If at least twice these actions have resulted in good results, then you can try.

Marketplace sellers are currently showing good growth, as is the entire market, and may be interesting for investment. But it is important for an investor to pay close attention to checking the selected seller: its financial indicators, legal aspects, personal characteristics.

The foundation of successful investments is analytics. A detailed check of the business and the owner will help make an informed decision about investing in a transparent company with clear plans for achieving profitability.