March 20, 2019

Is the Filtration Phase Bogging you Down?

by Zirtual Team

The Minutiae Of Lead-Sourcing Could Be Why You’re Missing Out

“I feel thin, sort of stretched, like butter scraped over too much bread.” ― J.R.R. Tolkien, The Fellowship of the Ring

Hits home, doesn’t it? Well, not the part about a fanciful quest to hand-deliver a magic ring into the deep, fiery bowels of a volcano (who are we kidding: a deal flow can often feel just as lonely and burdensome as a trip to Mordor). No, deal-hunters, we’re talking about the many VCs stretched to breaking point by administrative minutiae, when those talents could be put to far better use elsewhere. Namely:

Sourcing exciting investment opportunities and nurturing them to their fullest — most profitable — potential.

You can’t seal the deal if you can’t see the deal

Deal-sourcing is an art; one that requires unflagging ingenuity, dextrous problem-solving and a knack for being level headed. It’s also a skill that can never be fully mastered — even the most senior of venture capitalists are still developing and finessing their craft until the day they ride into the sunset of retirement (do venture capitalists every truly retire, though?).

But here’s the crux: how can a skill be honed if it isn’t practiced? Too often, opportunities are missed because a VC’s attention is diverted by internal factors like performing basic diligence or collecting information. If you’re drowning in filtering requests, cataloging information and setting up your own meetings, how can you focus on spotting the big wins? Not to mention chasing, securing, and eventually managing the elusive, once-in-a-lifetime unicorn you’ve been searching for.

The answer: you hand-off the non-critical tasks so your time is better spent surfacing leads and identifying those golden opportunities.

Zirtual — the VA to your VC

In the filtration and sourcing phase, time is of the essence. Zirtual’s highly trained experts are here for you. We understand that opportunity for investment can be overwhelmed by mundane tasks. This is why we provide Virtual Assistants who deal with the small administrative details of the filtration phase. This gives you the time you need to source deals and discover the diamond startup in the rough.

Get in touch for the support you need to pursue your passion.

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