Not necessarily correct, Ronald. How long do you think it takes somebody to part with a "chunk" of money based on other people's plans?
Trust me, most "wheels" take a step back and analyze the situation, check out the product market potential, the management, and double check their "gut" feelings about the business plan; then and only then do they part with major bucks. They don't just "jump" right in. They suit up to go swimming, and they pack an "all day lunch". That is how most become "wheels".
They have a different perspective. Hmmm, how can I put it....
Okay two guys are working on a job site doing mortar work. A stranger walks up and says, "what are you doing?" One man replies, "I'm laying brick, what does it look like I'm doing?" The second man just smiles and replies, "I'm building a beautiful cathedral". Two entirely different ideas about a mortar assignment. This is how I relate the difference of those who put in the big money. They can lay brick anywhere BUT they'd rather build a cathedral.
How do you think a "fat cat" gets fat? They get fat by knowing and doing the right things, they just do them more often.
We may not see evidence of them "getting in" for a couple of weeks to a month. I think they heard the plan loud and clear AND that is what I observed. People didn't run out of the room laughing they listened and listened hard. They were extremely serious in my opinion. In fact I'd say they were as serious as a heart attack.
Don't underestimate that meeting. IMHO, it would be a terrible mistake.
Just my opinions,
Regards,
Debra Watson |