Startup Guides > 6 Fundraising Tips Most Startup Entrepreneurs Don't Know
In reading the start-up and tech blogs these days, one would think investors are chomping at the bit to fund startups like yours - especially if it has to do with "crypto" or "blockchain." But as is true with most situations in life, you shouldn't believe everything you read.
There are certainly examples of big and fast rounds and
companies where money landed in a founder's lap. But this isn't the norm, nor should it be expected. Fundraising is hard, no matter what anyone tells you.
Here are some tips to make raising money for your business a little easier:
1) Time is not your friend.
Fundraising is in many respects a full time job, and the inertia of your company won't take a vacation. Your customers, users, employees and everyone else involved will continue to require your attention even though you're in the midst of a draining and consuming fundraising process. So the shorter this process takes the better. Moving fast and efficiently can also help stave off second thoughts among investors. Similar to a house that sits on the market, the longer a deal sits, the more questions and concerns are raised. Why didn't XYZ fund do it? What have others seen that I'm not seeing?..