A. It is a business consultancy firm providing one-on-one mentorship sessions to young start-ups or budding entrepreneurs, helping them prepare for investor interactions.
2. How are these sessions provided ?
A. This is a personalized one hour interaction provided over phone or video call wherein the existing business plan of the entrepreneur is debated with Subir Basu Roy, Prep for Investor's Founder & key business consultant in a one-on-one interactive session.
3. What does an entrepreneur get in the session?
A. The entrepreneur finds someone to discuss and validate his business plan, tips to make the plan deck robust, plug gaps in it, understand investor terms, compliances etc. The interaction helps the entrepreneur with a neutral perspective on their biz plan and what all alterations they need to make in their plan to make it attractive for investors. The plan is discussed with Subir Basu Roy, Prep for Investor's key consultant, who brings his 2 decades of experience in identifying scalable businesses across varied industry segments, financial deal structuring/ execution expertise and nurturing investee companies, to mentor the entrepreneur in an engaging session.
4. Why do I need this interaction as an entrepreneur, when I am driving the business and am confident of my business plan ?
A. The interaction gives a neutral perspective on your business plan. Often entrepreneurs are extremely passionate and close to their business plan and assume that the investors will understand their perspective. The interaction with Prep for investor will help in getting a clarity whether that is the case and help them fine tune their biz plan deck for a better buy-in chance with investors. In fact the session acts like a mock investor pitch of sorts, making the entrepreneur more confident while facing investors.
5. When is the session held ?
A. These are personalized one-on-one sessions and can be slotted on any day /time of mutual convenience of the entrepreneur and Prep for Investor's key consultant.
6. Does Prep for investor connect a start-up to an investor?
A. Prep for investor helps a start-up prepare for investor interactions. It acts like a DIY (do-it-yourself) session making entrepreneurs confident of approaching investors directly.
7. Will Prep for Investor make my business plan ?
A. Prep for Investor guides you to make your plan yourself. Specific to your business model, it provides tips on the structure of the plan, what all to incorporate in the plan, how to make it robust and simple ways of making your plan appealing to investors. Again, instead of spoon feeding, it is a DIY way of making a plan, thereby making you confident while interacting with investors and giving them the impression that you are in control of your business.
8. I do not know too much finance, as an entrepreneur, I only know to do my business, then how do I make a business plan?
A. Well, if you are planning to get an investor, it is imperative to understand investor language and basics of finance. Prep for Investor session will actually bring in more clarity as it will take you through a DIY journey of making a biz plan yourself, debating your plan and investor terms. You will be much more confident of your financial capabilities and leading investor interactions, after taking the session.
9. What are the charges for the session with Prep for Investor's consultant?
A. The basic session charges start from Rs. 4000/- and normally the interaction lasts for an hour.
10. Does the engagement get over with Prep for Investor after the one hour session?
A. Absolutely not. A relationship made once carries on and avenues to engage will keep coming.
11. What are key take-aways for the entrepreneur after the session ?
A. The entrepreneur will find validation of his business plan, understanding of investor/ financial terms and increased confidence to interact with investors.