Innovation

She was nervous about the upcoming appointment.

After many months of working on her idea, it was obvious that she would need help with putting it all into place. There were so many aspects to what she had in mind. Some of it, she realised, she could not do herself. It would require professional people to set it up. There would need to be a great deal of negotiating between parties. Apart from all this, it would need financial backing to get it started. Put simply, she had the idea but not the money. That was the only reason she would be visiting the offices of the firm that specialised in making money available for innovative projects, such as hers. After considerable research, she had come up with the most prestigious company in the city.

On the day, she was ushered into the plush office of the venture capitalist. He was the businesses top professional, with many years of experience of assessing projects for both their merit and their potential for growth. He was going over her proposal when she entered. He asked her to take a seat while he went over some of her submitted paperwork.

She sat patiently for a few minutes, before he spoke.

He looked up with raised eyebrows. “Let me just clarify, if you don’t mind?”

She shook her head, smiling. “No. Not at all.”

“What you seem to be proposing is to radically change the way customers make purchases. Is that correct?”

She nodded. “Yes.”

“I see. The idea being that a prospective shopper uses their home computer to locate a seller of some sort, say a store or a supermarket, that has a website that sells the kind of product the shopper is interested in. Is that right?”

Nodding, she goes to say something

He holds up his hand, saying, “Please bear with me.” He continues. “These companies that provide products, or even services, would need to have the facility built into their website to allow a search of what they are able to offer.”

He glances up. She only nods.

“If the person finds the thing they want, they then identify it, pay for it with some form of bank card and arrange for it to be collected or delivered.” At this point he gathered up all of the paperwork and returned it to the folder. “Have I summed all this up correctly?”

“You have, thank you.”

He sat back in his chair with an apologetic expression on his face. “I’m sorry to disappoint you,” he said, “I just can’t see a thing like this getting off the ground.”

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