📺 Stream EntrepreneurTV for Free 📺

What Investors Look For When Evaluating Your Pitch: Mohammed Al-Ayouti, Managing Director, Vodafone Ventures Egypt Mohammed Al-Ayouti, Managing Director, Vodafone Ventures Egypt on what he looks for in startups and entrepreneurs vying for funding.

By Mohammed Al-Ayouti

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.

Shutterstock

When considering an investment pitch, here are the first five things I look for:

1. TEAM

The fact that a team exists is the first filter. I don't like single-founder startups, let alone one-man shows. The team members have to share the same vision, both short-term and long-term, and the key team members have to be dedicated to the startup- not employed elsewhere, or even worse, juggling other startups.

2. PROVEN ABILITY TO EXECUTE

Can the entrepreneurs pull it off? This would be most apparent by how the startup has progressed so far, but can also be assessed from their track record in previous startups, and/or their career experience.

3. MARKET UNDERSTANDING

Does the team understand the space they're in? Do they know their competitors? Also, I stay away from entrepreneurs who say it's an X billion dollar market so if we get 1% we'll be great. The question is how will you achieve that 1%? Bottomup sizing beats top-down sizing in my book.

4. COACHABILITY

From experience, the odds of success for an entrepreneur who is always "right' are very slim. It's very likely that the startup will change direction a few times along the road as it seeks its product-market fit, and the CEO has to show that he or she will listen and respond to feedback.

5. HUNGER

Are the entrepreneurs out there to create a lifestyle business or are they setting out to do 100x growth? A big watch-out here is founder compensation: entrepreneurs seeking large salaries imply that they seek comfort or aren't confident about their startup, and that they are diverting a large chunk of the investment -given that we're in early stage- straight to their pockets."

Mohammed Al-Ayouti

Managing Director, Vodafone Ventures Egypt

Mohammed Al-Ayouti is an intrapreneur at Vodafone Egypt, where he has been exploring new frontiers for the company since 2008. He launched and leads Vodafone Ventures Egypt, Vodafone’s VC arm, to support and harness the local tech startup ecosystem. Mohammed is a passionate about entrepreneurship in Egypt, with a mobile-centric bias. Previously, played a role in the advancement of mobile data in Egypt, by creating Vodafone's mobile Internet unit, and driving it to market-leading success by launching data plans, smartphones, apps, and digital platforms. An entrepreneur at heart, Mohammed acquired 10 years of local Internet industry know-how as an entrepreneur, and holds a B.Sc. in Computer Engineering from Cairo University.

Thought Leaders

It's the End of the Entrepreneurial Era As We Know It

With the rise of advanced technologies and AI, are we losing all sense of the independent business person and entrepreneur?

Side Hustle

He Started a Luxury Side Hustle at Age 13 — Now the Business Earns More Than $10 Million a Year: 'People Want to Help You When You're Young'

Michael Morgan, now the owner of Iconic Watch Company, always had a passion for "old things" — and he turned it into a lucrative venture.

Growth Strategies

For A Post COVID-19 World, Internship Programs Too Must Adapt And Go Virtual

While the ability to sit down physically in the same office as our interns and spend a full day working with them has been taken away from us this year, the reasons for us wanting to have interns and engage with students hasn't changed.

Growing a Business

'You Need to be a Non-Expert': Why Billionaire Naveen Jain Believes Outsiders Make the Best Entrepreneurs

Naveen Jain founded microbiome testing and supplements company Viome by believing he didn't need expertise to disrupt an industry.

Entrepreneurs

Patient Pursuit: Khaled Al Huraimel, Group CEO, BEEAH Group

"In the last 10 years, we grew by about 10x. And now, we expect to grow by another 10x in the next 10 years."

Making a Change

10 Powerful Ways to Master Self-Discipline & Lead a Happier Life

Like everything else that brings progress, the greatest struggle is always within ourselves. That's why you need to learn self-discipline.