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Navigating Investor Convincing without a Business Plan
The speaker shared his experience of convincing a sought-after investor without a business plan. Despite lacking a plan, he sought advice from a book on writing business plans which he found too complex. Instead of following the book, he opted to speak directly to an influential contact who then connected him with the investor. The key lesson learned was the importance of having a good past and demonstrating capability through previous experiences, which ultimately led to securing investment without a traditional business plan.