Simply having a good idea will not be enough to convince investors to risk their capital. A small business owner must also be able to show that he/she is a competent manager with previous business success.

Question

Quizplus · Accepted Answer

Investors typically look for evidence of a business owner's competence and past success to gauge the potential return on their investment, beyond just the merit of the business idea itself.

Simply Having a Good Idea Will Not Be Enough to Convince