I have heard radio interviews and seen very successful social crowdraising campaigns, that raise their money and go onto become multi-million dollar companies, spoke with an entrepreneur who had 15 million to start for his business. While others struggle for years, or churning out idea after idea, or sit with $0 on gofundme or indiegogo. Is it luck? Talent, is it chance, a phase of astrology, is it the people you know, your credit score or earnings, the family you were born into, energy blocks. Is it neural pathways, is it if you nap like Einstein did? What is it?? I have pondered this for years. It is very hard to raise seed money. Yet some people know how to do it so well!

Great point to ponder, especially as you're eying raising money.
Assaf offers some excellent advice which I would complement with:
* being realistic about the amount you're raising, the venue for the fundraising and your company's niche in the marketplace is essential for keeping perspective
* raising money is a full-time job -- if you do not commit the time, your efforts will falter
* a concise, well-constructed pitch helps get to a quicker "no," which can be just as valuable as a drawn-out "maybe."
If you wish to discuss, send me a PM through Clarity for 15 free minutes.

Answered 2 years ago

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