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From my experience, one of the most important realizations of fundraising is that it's an enormous mind game. The hardest part of fundraising was getting the s
by austenallred 13y ago
From my experience, one of the most important realizations of fundraising is that it's an enormous mind game.
The hardest part of fundraising was getting the startup to a point where I actually believed in it. When I looked at our projections and where the company could go, I was no longer thinking, "Yeah, if a miracle happens," but rather, "It'll be hard, but I really, really think we can do that. We just need some help to get there."
Fundraising was a relative cakewalk when I was no longer selling investors on our company; I was explaining to investors that we were taking off, and asking them if they'd like to jump on board.
- unclebucknasty 13y agoI believe that making that mental transition (to believing in your company) impacts the way you approach other areas of your business as well (not just fundraising). For instance, when courting a large potential client or partner, your confidence goes up and you are not selling, so much as explaining. People pick up on this, and your results will show it. Plus, it just plain feels better when you really believe in your company's potential vs. merely hoping.