How to Get Better Introductions
Transcript
How to do entrepreneurs every year?
As a VC, I meet with hundreds and thousands of entrepreneurs every year.
And one of the most common things they ask me for is introductions.
We have an incredible network.
And I love to build that network.
And I love to use it by introducing entrepreneurs to great people, whether they're investors,
potential customers, potential employees.
I make over a thousand introductions a year.
I figured out how to do it more effectively and I want to share that with you now.
So if you as an entrepreneur are coming to me looking for an introduction to Acme company,
for instance, I will ask you for affordable email.
I am not asking you to write my email.
I hate when people do that.
They'll pretend they're me.
Dear Acme company, I just met this amazing entrepreneur.
Who's going to make the next unicorn in Chicago?
You should invest.
I hate that.
That's not what I'm asking you to do.
What I'm really asking you to do is write an email to me
explaining why you want the introduction to Acme Company.
Something like this.
Dear Troy, it was great meeting with you the other day.
I did a little research on Acme Company and you were right.
There is incredible synergy between our company and Acme Company.
Here are the three things I think we could get out of a meeting with them.
I take that email that's very transparent in your voice
and I send it to my contact at Acme Company.
I do so in a way where I say,
hey, Acme Company, here's an entrepreneur I recently met
that I think you might be interested in.
Do you want the intro?
What I've done is I have subtly changed the tone of the email
from my asking Acme Company to do me a favor by meeting with you
to asking Acme Company if they want to meet with you.
I'm introducing them to someone interesting.
I'm doing them a favor. As someone who makes over a thousand introductions a year it's really
important because I could never pay back thousands of favors. I'd much rather be in the position where
I'm doing thousands of favors. And by the way 98-99% of the time they say of course go ahead
and make the introduction. I introduce you to Hack Me Company. I get out of the middle.
So if you want an introduction from me or from just about anybody else I strongly suggest the
art of the forwardable email. Write a transparent email being clear about why you want the introduction
and who you're writing to. Dear Troy, I'd love an introduction to Acme Company. Here's why.
I'll then forward that email. It'll be transparent. Acme Company will feel like I'm doing them a
favor. You'll be set up for success because they will have read your words about why you want the
introduction. They'll know who they're dealing with. If you follow these tips, I'm confident
you'll have a higher success rate and I won't owe thousands of people favors.
At MATH we have an incredible network that we have built up over the years, and we are always looking for ways to leverage it to help entrepreneurs find future investors, their next big customer, or talented employees. The best way to get that introduction? The forwardable email. By following these steps, you are sure to get a higher response rate.
Originally published on the MATH Venture Partners blog.