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3 Questions To Ask Yourself Before Building A Startup
- Published December 15, 2022 4:40AM UTC
- Publisher Osama Hassan
- Categories Capital Raising Tips
Building a startup isn’t easy. It takes grit, perseverance, and resilience. And the truth is, it looks different for everyone. That’s why one-size-fits-all advice for founders is a recipe for disaster.
There’s no magic formula when it comes to fundraising.
There are processes and frameworks that you can focus on but ultimately your execution will be unique to your own context.
Nobody knows when market conditions will improve but everyone intuitively knows the wisdom behind the age-old adage: “when the going gets tough, the tough get going.”
Great founders continue to fundraise and great companies have always been built in tough times.
To get started with your raise, here are 3 questions you can focus on asking yourself today:
1) (to establish need) How much runway do I currently have?
2) (to gauge investor interest) What reactions do I get from potential investors when you I talk about my startup now?
3) (to craft a strategy) How good at fundraising am I?
If you’d like to get more tips like this, check out Robbie Crabtree‘s playbook: https://lnkd.in/dEXhUb-M
Click here to view the original Linkedin post.
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