First, my story as an example Let me tell you the story of how I raised $100,000 to fill a gap needed to purchase a new home for my young family years ago. I had located a beautiful home that would be a stretch to finance and had arranged for a first mortgage from the […]
Fundraising
The 3 Phases of a Tech Startup
Most tech startups go through three phases: 3Fs, Seed and VC/Scale. Understanding these stages, and the objectives for each, is an important factor in strategy development and decision making. Not understanding the stage you’re currently in is one of the most common reason tech startups fail to move forward, or worse, fail. The Three Phases: […]
3 Strategies That Helped Me Raise $500,000 in Less Than Three Weeks
It takes money to make money, and finding people willing to invest their hard-earned dollars into your startup or venture isn’t always easy. Raising money can be challenging and often downright dejecting, but it can also be inspiring and lead to significant progress within your company. Whether you are a “garage” startup or a fully-funded […]
Essential Tips to Create a Successful Business Raffle
Raffle fundraisers can be very successful and relatively easy campaigns for businesses. Great for boosting publicity, attracting a bigger customer base and raising funds for a good cause, raffles are cost-effective way to make a big difference. Interested consumers and potential clients are immediately attracted to a business through a successful and well-promoted raffle, and […]
5 Ways Unknown Founders Can Draw Interest from Investors
There’s no better time to be an entrepreneur than right now. Not only is there a low barrier to entry for the business world, startups now have access to what is estimated as a trillion dollar pool of capital. But apart from crowdfunding portals that make money more accessible, fundraising can still be a painful and time-consuming process. In fact, […]
Raise Money on Good News
The first rule for raising money is to do it on good news—right when sales are increasing at an increasing rate. Or when a major customer signs a significant deal. Or when something happens that makes an investor think this company is about to break out. Unfortunately, the longer you wait without significant upward news, the harder […]
Where Startups Get Their Money
Angel investors generally focus on seed money—early investment for startups at early stages of growth—for amounts less than $1 million.
Funding Your Company Without Funds with Mike Moyer
Startup equity splits are one of the leading causes of problems between founders. Slicing Pie author Mike Moyer and I discuss funding your company without funds by using a dynamic equity share, his novel approach to allocating equity.
Financial Tips for Avoiding Startup Failure
For those of you preparing to take on the entrepreneurial life full-time, the best advice I can provide is to be as rigorous as possible with your finances when pursuing your funding goals. It’s never been easier to bring a great idea into reality.
Financing Your Startup: 5 Things to Keep in Mind
Building and launching a successful startup business today requires more than the ability to deliver a product; it requires a careful and calculated approach to financial management. If you have the perfect startup idea, here are a few things to keep in mind before you begin seeking out the necessary financing you need to get yourself started.
