Okay so you are an aspiring business tycoon. You have everything needed to get yourself started in the business playground, i.e. the idea, the ability, the people etc. everything needed except the fuel to start your journey in the business world that is the capital!. You need it and there are some people eager to give it. Welcome to the world of Venture Capitalist.

So what are the ways to win the mind of ace VCs except that good plan which will make them to invest in a start up by someone who in all probability do not have a proven background in business. There are ways and they are effective nevertheless to place you nearer to that fund. Some of them are given below:

Present a unique feasible idea not a ‘killer idea’: The basic step is to have a unique practical idea which is easy to implement, is well researched and have the capability to penetrate market in that particular segment. Don’t bet on fancy ideas which in no possibility, is applicable and can be implemented. Such idea will only kill your chances of getting that funding.

Research and homework: Often these are the factors that differentiates an amateur and a true professional, for example, if you are keen on logistics sector know your competitor, offerings, market, government ,policies, hurdles etc.

A well documented business plan: Business plan is your ambassador which will speak for you and as goes with every good speaker it should be comprehensive and reasonably short. Long plans are not the good ones!.

Connection: your networking says a lot about yourself so make sure you are with the good ones to make an impact. If you are still a student make sure you have good rapport with the department head or the VC.

Reference: If you have a background which shows your entrepreneurial capability, then focus it for example collecting the largest fund for that relief work or organizing the biggest and the most successful fest in the university.

Be positive: your appearance should be that of a pro and body language should be positive. Maintain good eye contact .

Keep a list of VC ready: Last but not the least if the above steps do not work don’t get disappointed and move on to the next VC ( be specific on your sector). Cheers!.