How do you find the fundraising process in the early stages?

Question

Shadman Nazim · Accepted Answer

@r_johnson_clich, mastering the fundraising terrain is a mix of strategic planning and fortunate encounters (luck is a big factor that everyone keeps hiding to emphasize their charisma and ability).

For us, it all started with bootstrapping and gradually evolved into aligning with investors who resonate with your vision. Beyond the Valley, leveraging local support and global connections is key (LI is a good place, I heard, and my co-founder is too good at building valuable networks). Though I can’t share all (because of some restrictions), our journey was extremely tough, and finding the right investor is sometimes harder than implementing your idea.

But if I go back in time, I will always thank the Almighty for His blessings (luck is something that we can't deny) and my business partner for their patience in the bootstrapping process. And this is something that comes your way with the right product and networking.

So, luck + networking, and the rest is all about the pitch and perseverance. I think I was able to shed some light, if not at least a hint.

Shadman Nazim · Answer

Early-stage fundraising is a critical step for startups, demanding clarity of purpose and a solid plan. It’s about connecting with those who believe in your mission as much as you do. 🌱 Based on my own experience, I just want to highlight a few things that I think will help raise money! 💰Clear Communication: Convey your business idea succinctly. 💰Solid Evidence: Support your pitch with concrete data. 💰Strong Relationships: Build trust with potential investors. 💰Open to Learning: Adapt based on feedback. 💰Persistence: Stay determined despite challenges. And above all, know your customers and find your PMF! Ultimately, securing early funding is about aligning with partners who share your vision and commitment to growth.

Rebecca Johnson · Answer

@shadmannazim, thank you for your thoughts! Did you raise money by yourself? I'm asking because there are many books and guides on how to do that, but no one discusses the process. I'm not speaking about amounts and results, but exactly about the process. Of course, I understand that it's easier in the Valley, but what about other countries? For example, a 17-year-old guy from New Zealand has just built a product and achieved PMF. He decided to raise funds. Where can he start?

YaSh ChaudharY · Answer

It is overwhelming to look for funds and concentrate on product building at the same time.

YaSh ChaudharY · Answer

@r_johnson_clich Definitely, gonna try !

Rebecca Johnson · Answer

@yashchaudhary please, don't hesitate to use Clich for it

How do you find the fundraising process in the early stages?

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