When the Investors Ask for How Much Money You Want

question 15

Multiple Choice

When the investors ask for how much money you want, what is the appropriate response?

• A) Walk through the specific steps within your key milestones, hard and clear
• B) Simply repeat the overall amount requested
• C) Tel him/her you will have to get back to them
• D) Always ask for more than what you need

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Definitions:

Discretionary Product

Products that are non-essential and purchased with disposable income; the purchase can be delayed without significant consequence.

Oral Contraceptives

A type of birth control that is taken by mouth, including pills that prevent ovulation.

Estrogen

The principal female hormone, regulating reproductive functions and the development of secondary sex characteristics.

Minipill

A type of birth control pill that contains only progestin, which is less likely to cause some of the side effects associated with estrogen-containing pills.