To Raise Funding

1 min read What does it take to Raise Funding?

First-time fundraisers make many mistakes. Here’s a list of key points to consider before your next meeting with an investor for your startup.

It’s show, not tell.

There’s an old saying: If you tell me, it’s an essay. If you show me, it’s a story.

To raise funding you have to show, not just tell. Forecasting alone doesn’t close the round. You must demonstrate progress towards it.

Never show up to an investor meeting or call without something new in hand to show your growth story. Always talk about a customer and their engagement with your product or team.

Show how the team is making things happen. Show how other investors are interested in committing funds.  Show how the product is working and what it is doing for the customer today.

You must own it.

In raising funding just as in running your business, investors look to see if you own it.

Do you own the challenging problems, or do you avoid them? Do you own the core business, or do you delegate it to someone else?  Do you abide by the contracts you sign, or do you try and duck out when it goes against you?

Investors are looking at how you run your business to see if you own it. So, in the fundraise, do you own the numbers?  Do you own the investor relationship? Do you own the results you show them after the fundraise?

Read more in the TEN Capital eGuide: https://tencapital.group/due-diligence-and-leading-the-deal/


Hall T. Martin is the founder and CEO of the TEN Capital Network. TEN Capital has been connecting startups with investors for over ten years. You can connect with Hall about fundraising, business growth, and emerging technologies via LinkedIn or email: hallmartin@tencapital.group

, ,
Previous Post
How COVID-19 Is Driving the Need for Digital Security
Next Post
The Future of Digital Communities

Related Posts

investor engagement

Building Investor Engagement

2 min read How to Raise Funding Step 2: Building Investor Engagement You have a good list of investors that are interested in your deal, but how do you get investor engagement? You need to introduce your deal to the…

How to be Successful at Raising Funding for Your Startup

1 min read From the Fundraise Process Series: How to be successful at raising funding for your startup. The key to raising funding is consistency and persistence. Most startups spend time with investors and then fail to follow up and…

Key Elements of a Startup’s Story

2 min read Storytelling is a key skill for any startup raising funding so let’s discuss the key elements of a startup story: In the early days of a startup, the product and team aren’t fully developed, and customers typically…