answer it please

The Presentation Dick Bardow sat quietly in his car, pondering why he had failed to convince Pat Guinn, managing partner of Next Century Venture Capital, to provide the start-up capital he needed to the baunch the business that would present his new high-tech medical invention. Bardow had spent the past three-and-a-half years researching and developing the concept, and now that he had a product in hand, he was ready to take it to the market. The idea for Bardow's new venture had a tech simmering for many years during his stints as a researcher for a major medical lab and as of the end advisor for a medical products company. Bardow had learned a great deal about use Biomedical product in his technical job, which he took after earning a Master's degree in importance of Engineering. But it was during his tenure at the medical lab that Bardow saw the the tremendous staying on the cutting edge of technology in the field of medicine. He also saw profit potential of successful medical products. capitalists have Bardow replayed his meeting with Guinn in his mind. "How could those venture his 45-minute meeting with tremendous opportunity right in front of them?" he mused. During the technology had evolth Guinn and her staff, Bardow had spent 30 minutes explaining how technologically superior to anythinger how he had developed the product, and why it was now," he remembers thinking "They currently on the market. "I've got them where I want then, technology." Throughout his theorpors "They can't help but see the incredible power of this to explain abstract ideas and corporate career, Bardow had earned a reputation for his ability he had made dozens of presentations at scien concepts to his fellow scientists. Over the years, received. Bardow had to admit, hows at scientific professional meeting, all of which were well asked him toward the end of their mever, that he was puzzled by all of the questions Guinn had never asked a single question about my they weren't at all what he was expecting! "She patent I have pending," he muttered my product, its design, the technology behind it, or the analysis" and how and to whom he plated he remembered hestioning him about a "market "You can't forecast exact sales for a planned to market his product. "How foolish!" he thought. medical industry sees what it fan a new product. Once this product is on the market and the was convinced that Guinn simply do, we' 11 have all the sales we'll need-and more." Bardow own markets. "I've seen it dozens of tidn't understand that new, innovative products create their capital firms were to seen it dozens of times," he said. Dick was beginning to believe that venture capital firms were too focused on revenues, profits, and return on investment. "Don't they know that those things are outcomes?" he thought. "They come ... in time." 1.Identify the possible problems with Dick Bardow's presentation of his business plan to Pat Guinn and the other venture capitalists. 2. List at least five suggestions you would make to Dick Bardow to improve his business plan and his presentation of it