Founding a Startup is tough. Getting a funding is even tougher. Entrepreneurs prepare presentations and do all the hard work, but sometimes it all goes in vain.  The Founder Institute gets a list of rookie mistakes every entrepreneur should avoid when pitching Investors.

Topping the list is the estimate of $1B in revenues by year 5.  A very basic mistake is not including any visual elements in the presentation. Not knowing TAM( Total Addressable Market) and SAM ( Serviceable Addressable Market) is also a big setback as this will impact your projected profits. Likewise, underestimating the variable costs thereby overestimating profit is a sure shot way to turn the Investors off.

This infographic from The Founder Institute is a must read for any entrepreneur who is looking for Investors.