Entrepreneur Plus - Short White
For Subscribers

3 Ways to Know an Investor Is Wasting Your TimeLooks for signs of interpersonal engagement to determine if you can take an investor seriously, and other key vetting strategies.

ByMarina Glazman

Opinions expressed by Entrepreneur contributors are their own.

Entrepreneurs live or die by the ability to persuade investors to write checks. Investors, meanwhile, need to be persuaded not just to choose you over another startup, but to move from window shopping to action, which is not always a given. As a founder who has spent thousands of hours researching investors and their portfolios — studying their reading lists and interests, crafting hundreds of painstakingly individualized emails, fielding dozens of calls and dropping anything and everything for the possibility of landing a pitch — I've learned that identifying interactions that aren't going anywhere is crucial.

There are always tip-offs that an investor is about to waste your time; almost inevitably, the way they communicate with you will reveal their level of seriousness, as long as you know what to look for.

Continue reading this article — and all of our other premium content with Entrepreneur+

Join the internet’s leading entrepreneur community! With your subscription you’ll get:

  • Unlimited access, including premium content
  • No ads
  • Subscription to狗万官方magazine
  • Four free e-books a year
  • Subscriber-only events with our experts

Editor's Pick

Related Topics

Business News

'The Most Effed Up Thing Yet': Bethenny Frankel Slams T.J. Maxx After She Accidentally Buys Fake Designer Shoes

Frankel purchased counterfeit Manolo Blahnik shoes for a steep $868 at the retailer.

Business Ideas

The Top 10 Home Business Ideas for 2023

Can't figure out which enterprise you should launch in 2023? Check out 10 stellar home business ideas to get inspiration.

Business Models

Tap Into Boundless Success Potential With These Remote Business Ideas

Are you tired of getting up in the morning, getting in your cold car, and driving to work? Then don't. Check out these remote business ideas.

Operations & Logistics

Score a Costco Gold Star Membership with a $30 Digital Costco Shop Card

Get a $30 Digital Costco Shop Card with this limited-time membership promotion.

Business News

Google Engineers Rake in Big Bucks with Base Salaries up to $718,000, According to a New Report

The data comes from an internal spreadsheet shared among Google employees, comprised of information from over 12,000 U.S. workers for 2022.

Business News

Say Hello to the 'Iced Pumpkin Cream Chai Tea Latte': Starbucks New Fall Menu Leaked Online

Instagram influencer exposes an alleged menu from the mega-coffee chain that has some customers delighted and depresso.