How confident are you about your idea?
        Unless you are convinced about your idea,
        you will  not be able to sell it to anyone else.

• How will you sell your product?
  Have a detailed market analysis ready—who are your customers, what is the market size (both backed quantitatively and by research), and what is your competition?
• Is the Business model believable?
  After the test of conviction, is time for brass tacks: the model should have achievable targets-whether it is market penetration, revenues, or strategies.
• Are all the aspects of the business plan complete?
  All the points should be covered in a crisp, concise and compelling summary and ensure that you have a milestone chart.
• Who is on the team?
  Make sure you have the credentials of the management team ready.
• What is the extent of financing required?
  How much of the capital are you bringing in and what is the extent of financial exposure?
• What is the current/projected financial picture?
  Detailed financial statements need to be submitted
• Does the Management have stock options
  VCs prefer management to earn its income through both monthly salaries and equity appreciation. So management stockholding is a must.

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