Part four · The rooms · Chapter 12

PARTNERS, INVESTORS AND THE BIG TICKET

Three more rooms founders sit in. What changes is what the other side is buying and what counts as an advance.

A partnership pitch, an investor meeting and a high-ticket consultation look like different skills. They’re the same conversation with different buyers.

RoomWhat they’re buyingThe usual objectionA good advance
PartnerSomething for their own customers or their own numbers“What’s in it for us, and who does the work?”A pilot with one measure, one owner on each side and an end date
InvestorA share of an outcome they believe could be large“Why now, why you, and how big can it get?”A partner meeting, or a request for the data room
High-ticket customerConfidence that this is the right choice at this price“Let me think about it.”A decision date, a sample, a site visit or a deposit

The partner

Partnerships stall because each side pitches what it wants. Ask instead what their customers want that they can’t supply, what numbers they’re judged on this year, and why past partnerships ended. Say it back, then recommend the pilot that meets that need. Agree the measure, name one owner on each side, and put the review in the calendar before you leave.

The investor

An investor meeting has a one-to-many problem built in: the deck travels without you. DocSend, which sells document-sharing software, studied more than 200 pitch decks with Harvard Business School professor Tom Eisenmann in 2015 and found investors spent an average of 3 minutes and 44 seconds on a deck, with the most time on the financials, the team and the competition Reported. That’s vendor data from one study, but the point stands: the deck is a page, read alone, and has to answer the obvious objections unasked. Run the message map on it.

The meeting is the one-to-one part, and most founders spend all of it presenting. Ask instead what the firm has passed on recently and why, and what a partner would need to believe to back this. That list is your diagnosis; the follow-up supplies evidence for each item. Securities rules govern what you can say when raising money; have counsel review what you send.

The high-ticket customer

Furniture, custom goods, home installations: anything where one customer spends enough to justify a conversation. The customer has usually read your pages, so start there: “What made you want to talk to someone rather than order online?” The answer is usually their top objection. Ask about the problem and the deadline before showing anything, say it back, and recommend one option, possibly two. “Let me think about it” is often a real need to think. Turn it into an advance: “Of course. What will you be weighing, and when do you want to decide?” What they weigh goes into the objection log, and onto the page for the customers who never ask.

Do this

If this is your store

See where your first-time buyers stall.

The free Klaviyo audit reads your own account and scores it. Start with your store’s address. A read-only key gets the full report.

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Written by Andrew Lauchner, a growth and retention operator for consumer brands. The paid work is one ninety-day Sprint.

This is one chapter of One to Many, which is free and readable in full on a single page with no form in front of it.