Entrepreneurs are lazy. Yeah, you heard me. Some of the hardest-working people I know are lazy when preparing to meet with financial people.
Let me explain.
I’m a venture capitalist. Our fund, MATH Venture Partners, invests in tech companies. Every day we meet with three or four new entrepreneurs who pitch us in the hopes that we will back their dreams. Not to be too dramatic, but in many cases our decision whether or not to invest could be the difference between their survival and having to close down. It’s that important.