My answer to What can I provide as the best security for someone to invest in my business startup?
Answer by Ken Larson:
A solid business plan.
Evolve your plan as follows
Give your start up idea the following test:
1. Do you have a product or service niche in mind?
2. Do you believe you have a market for 1 above and the means to reach it?
3. Are you willing to develop a business plan using the tool kit linked below to validate 1 and 2 above before you launch?
If the answer to the above questions is yes than take the actions indicated, observe the results, then make an informed decision on whether or not to proceed.
When you have developed the above road map you will be able to pitch it with confidence because you have first convinced the most important person to your enterprise that it swill be a success – you.