While simplistic at the surface, fundraising actually requires a set of tactics and planning. Entrepreneurs need to be aware of how to fundraise in a way to stand out from other startup companies. Let’s say you have an extraordinary idea for a product or a service, but lack the funds to launch your project to the world. Therefore, entrepreneurs need to learn how to raise money fast if they wish to continue with their projects without delays.
Fundraising is a process of finding potential investors that would agree to fund your project or a campaign. In most cases, fundraising is associated with charities and various events launched for gathering money from potential supporters.
In these startup-launching times, many entrepreneurs aim to gather financial contributions for their companies. The capital-raising process might be difficult for small companies. Therefore, I aim to introduce you to the best fundraising techniques, tools you need to use, how to approach investors, make them believe in your vision and how to fundraise the needed sum.
One of the crucial ways of learning how to fundraise is to set a wider net. This way you will get more fish, right? In this case, by spreading the word about your vision and company goals, you increase your chances of finding people that will respond.
Crowdfunding is one of the most popular fundraising techniques. There are usually special sites that show profiles of different companies that accept financial contributions. Through these websites, random people can make donations to support your idea and bring you closer to the end goal. Additionally, one of the interesting fundraising tips is to offer people a chance to pre-order your products and get some additional material. In this way, people are supporting your project, but also getting their money’s worth.
In this course on how to fundraise, I will introduce you to the tactics necessary for finding investors, willing to provide you with the resources to nurture your company. For beginners, I will provide explanations on the terminology that will be used throughout the course. For instance, angel investors are people who give you financial contributions in exchange for ownership equity or convertible debt.
Of course, the question of how to raise money fast is more complicated since various factors can influence investors’ attitudes. If you get dozens of negative responses from potential contributors, you might need to rethink your strategy. For instance, investors will treat your proposal more positively if you set clear goals, provide a business plan and financial models. I will review the best fundraising tips and tricks to use in these documents as well.
Lastly, while earning how to fundraise, you need to learn the importance of investor presentations. What needs to be said? How do you present your startup company in a way to attract investors? I will aim to answer all of these questions so your next presentation would be smooth and well-written.
Course consist of total 2h 6min of content, in total.
Chris Benjamin is a passionate instructor and management consultant. As a consulting Chief Financial Officer, he helps growth-stage companies to work with investors, do financial modeling, reporting, and analysis and put all the best accounts payable practices. Throughout his over 10 years of experience, Chris has already helped more than 100 startups to succeed.
Chris Benjamin has a passion for sharing his experience with students and teaching online. His focus is on teaching business-related topics like finance, accounting, Excel, and entrepreneurship. Chris is a creator of more than 85 courses and has over 30k students who enrolled in his courses.
Chris holds a Bachelor’s degree in accounting from the University College of the Fraser Valley and an MBA in business from the University of Washington.
On BitDegree, you can find some of the best Chris Benjamin’s courses and expand your knowledge. You can learn such things as economics, finance, public speaking, business management, and others. Choose the best course for yourself and take your skills to the next level in no time!