There is no definitive answer to how often you should follow up with investors after the first touch point. However, there are some general guidelines you can follow to ensure that you stay top of mind and increase your chances of securing funding. According to Rahul Gandhi CPA, by reaching out consistently but not being overbearing, you can maintain a positive relationship with potential investors while also demonstrating your dedication to securing funding.
Rahul Gandhi CPA on How Often to Follow Up With Investors After The First Touch Point
It’s generally accepted that you should follow up with potential investors soon after your initial pitch meeting. But how soon is too soon? How often should you follow up without being annoying? Rahul Gandhi CPA answers.
Ideally, you want to strike a balance between staying top of mind and giving the investor time to digest your proposal. A good rule of thumb is to follow up within a week of your meeting, then once a month thereafter.
Of course, there are always exceptions to this rule. If you sense that an investor is particularly interested in your project, you may want to follow up more frequently. Conversely, if an investor seems uninterested or disinterested, it might be best to back off a bit.
The most important thing is to be respectful of the investor’s time and not come across as pushy or desperate. Remember, you’re trying to build a relationship here, not just close a deal.
By following up in a timely and professional manner, you’ll increase your chances of getting the funding you need to bring your project to life.
Tips For The Final Follow Up
Your final follow-up is your opportunity to reiterate your key points and express your gratitude for their time and consideration. Here are a few tips to help you make the most of your final follow-up:
1. Keep it brief – Your thank you note should be no more than a few sentences long. You want to thank the investor for their time and interest without going into too much detail about your business.
2. Reiterate your key points – This is your chance to remind the investor about what makes your business unique and why you believe it has potential for success. Be sure to include any new information or updates since your last conversation.
3. Express your gratitude – A simple “thank you” goes a long way in showing your appreciation for the investor’s time and attention. You can also thank them for any feedback or advice they may have given you.
4. Extend an invitation – If you haven’t already, invite the investor to meet with you again to discuss your business further. This is a great way to keep the lines of communication open and continue building a relationship.
By following these tips by Rahul Gandhi CPA, you can make sure your final follow-up is both professional and impactful.
Rahul Gandhi CPA’s Concluding Thoughts
Following these simple tips by Rahul Gandhi CPA, you can put yourself in a good position to get the funding you need. Ultimately, it’s important to tailor your approach based on the individual investor and their interests.