Fundraising is a repeated and often crucial component of a business's life cycle. Companies need to raise money to develop products, marketing campaigns, scale operations, sometimes just for survival.
Many entrepreneurs struggle to find investors, with the saturation of demand for money being much higher than the supply. Getting an opportunity to pitch to an investor is a golden ticket, but many entrepreneurs waste it along the process.
This podcast will highlight the top five common fundraising pitfalls that can save you time, money, and worries if you avoid them.
00:40 Pitfall #01: Lack of planning
01:20 Pitfall #02: Starting late
02:40 Pitfall #03: Being money-driven, not vision-driven
03:40 Pitfall #04: Blowing the opportunity
04:38 Pitfall #05: Closing the deal poorly