10 Tips for Food Entrepreneurs

by Adam on October 3, 2013

I was honored to recently participate as a contributing writer to Local Food Labs “Start Something Local” initiative, an innovative platform to help food entrepreneurs launch their new products with the help of a dedicated network of professionals with expertise in the food industry. As an investor in the food and foodtech space, the good folks at Local Food Labs asked if I could help illuminate the sorts of things that food entrepreneurs should do before pitching investors. I’ve copied a link to the full article below, along with a few tips from the article, which include:

  • Establishing a clear purpose for any meeting with investors, whether to establish a relationship, solicit feedback, or actually raise funds.
  • Start talking with investors before you need money so as to establish a relationship on which you can build before asking for funding.
  • Contrary to entrenched belief among entrepreneurs, don’t be afraid to share your idea with anyone who will listen. You never know who could have feedback, possible contacts, or even funds to invest.
  • Sell vision, not process.

You can read the full story here:

http://blog.localfoodlab.com/blog/2013/9/17/10-things-entrepreneurs-must-do-before-pitching-food-investors

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