2 min read Here are the basic rules of fundraising that all startups should keep in mind: The Golden Rules of Fundraising Success.
Know your investors
It’s important to know what kind of investor will benefit your business. You want to understand what that investor wants to see in your deal.
Educate your investors
After you pitch to the investor, it’s essential to educate the investor through updates about your deal. It’s often the case the investor is unfamiliar with your application or space.
Build trust
Demonstrate that you can be trusted by showing examples of how you’ve performed in the past.
Respect your investors
Actively show respect to the investor throughout the process. Please do not take the investors’ time and advice for granted. Investors will lose interest and look for other fundraising opportunities if their feedback and advice go unrecognized.
Focus on current supporters
Make sure you keep your current investor and investor prospects updated on your startup. If you don’t articulate progress in your deal, the investor will most likely not know.
Feel free to try out our calculators and contact us if you would like to discuss your fundraise: https://www.startupfundingespresso.com/calculators/
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
