3 Strategies That Helped Me Raise $, in Less Than Three Weeks | BusinessCollective

Make 500, 000 quickly

Raising money can be challenging and often downright dejecting, but it can also be inspiring and lead to significant progress within your company.

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Raising money is often a simple task, but no one said that simple was going to be easy. Furthermore, it allows you to tell a story that every investor will want to respect and listen to. At Alumnify, we knew it was imperative to get as many schools to sign up as possible to take a piece of the market share.

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I was tired of relying on warm leads or waiting for a vanilla options is who knew someone at a school to give me an introduction. We decided to just hit the phones and start cold-calling.

Unfortunately, the first week we got voicemail after voicemail. In another articleI explain how we decided to implement that strategy into our sales plan: we would start cold-calling at a. This is just one example of a compelling story that would 000 quickly the eye of any investor.

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Your network is your net worth, so always make sure to stay in touch with the people in your network. At Alumnify, we send a shareholder update once a month to investors, mentors, friends, family and potential investors.

Keep Your Prospects in the Loop

By the time you are ready to open your round, potential investors have already kept track of make 500 progress and will be more inclined to invest. Position Yourself Around the Buzz During my senior year of college, we won the largest pitch competition at the University of San Diego.

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After that, we became part of Startups in Mountain View, one of the most prestigious accelerator programs in the world.

To top it off, we landed the largest deal in the history of our industry. When it comes to funding, there are plenty of ways to find money, but one must always be willing to work for it.

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Investors have worked hard to be in the position they are in and they have to trust that they are making a smart business decision by investing in you.

Founders often struggle to get traction or funding when they stop hustling or try to take on too much by themselves.

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