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How Long Does It Take To Raise Startup Funding?
Raising startup funding takes longer than it should because most startup CEOs are unprepared when they start raising funding. I know I was. The result is that you struggle to get meetings, and the meetings you get don’t go anywhere.
I want you to be able to hit the ground running, so you can raise your funding in half the time. That’s why I’m sharing with you ten tips on how to raise your funding fast without cutting any corners.
I hope you like it. So, let’s get started with number one on our list:
1. Do your research.
It blows my mind how many CEOs don’t understand that not all investors are created equally. In other words, a late stage investor isn’t going to invest in your early stage startup.
Nor is an investor that only invests in medical devices going to invest in your fintech startup. Nor is an investor that invests only in the Silicon Valley going to invest in your startup based in the UK.
The answer is you need to build a list of investors that will invest in the stage your company is at AND the type of company you are trying to build AND in the region your company is in. The good news is you can build a list of potential investors using a tool like crunchbase.com. Next, let’s move to number two on the list…
