Understand What Makes People Buy / Invest
Want to raise more money? Find more investors?
Understand what makes people buy/invest. It's not what you think.
Got Beverage Alpha? 😉
95% of buying decisions are subconscious
If you want people to do something
like invest in your fund lets say
▪ Pause on the pitching for a min
▪ Spend time understanding human behavior
Investors, allocators, they are human don't forget 🙃
People do biz with people they like
(performance is table stakes)
▪ How do you score yourself on the liking principle of influence
📌 Pro-Tip: they can't like you if they dont know you
➡ Check the walk & talk
➡ Listen to my podcast with Daniel Crosby, Ph.D. - he breaks down how influence and authenticity lead to sales https://open.spotify.com/episode/12ZbyYjZukA4ROuBtyC0dq
➡ Then work on the "liking" principle
*Nota Bene: Don't try to be liked by everyone - fools errand
Be something special to someone specific