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Raise Your Revenue, Attract Investors
- Published December 19, 2022 8:21AM UTC
- Publisher Rhori Stein
- Categories Capital Raising Tips
If you want to raise capital quickly, grow revenue quickly π
If you need to raise capital in order to grow quickly, be prepared to put the hours in.
One rule of thumb for how many investor conversations you need to have at this stage is ππ¨πππ₯ π«ππ’π¬π π¬π’π³π Γ· ππ―ππ«ππ π ππ’ππ€ππ π¬π’π³π π± ππ. Therefore, with a $500k raise with a $50k average ticket size, you will need to speak to around 100 investors.
So if you are an early-stage founder one of the most effective things you can do to increase your odds of raising is to scale up the number of relevant investor conversations you are having.
Pick up the phone, and start dialing ππΊ
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