“Don’t even try” is the best advice to those who want to raise money from financial investors.
The blunt statement of “Don’t even try” to raise money from financial investors does not sit well with new entrepreneurs. This advice is based on the low probability of success and the opportunity cost of spending time seeking capital versus working on the business. Virtually every entrepreneur believes that their opportunity is sure to be a winner, but in reality, only a few will ever result in financial returns that meet an investor’s threshold. Focus on building a company and not an investor pitch deck.
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3.020102_Seeking-Investors_Dont-Even-Try.pdf
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3.02_Approaching Investors, V3_Starting a Company
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