04/23/18

Building a Fundraising Database

Building a fundraising database, a perfect subject for an incredibly lovely Monday morning in the ATX. Cool, crisp, sunny — ahhh, on Earth as it is is Texas!

So, you are ready to begin fundraising. You need a target list, a database of potential investors. This is true whether you are in the family & friends, angels, syndicated angels, seed funders, or venture capitalists arena. You need to identify the funders.

So, how do you do it?

In our example, I will build on ten such campaigns I have assisted entrepreneurs in the last year.

Remember, you are dealing with people whose job is to invest money. If they don’t invest money, they don’t keep their job. You, dear entrepreneur, are helping them keep their job.

 

It is hard work, but it is not a difficult task.

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11/20/16

Fundraising, Trump Campaign — Lean, Nimble, Agile

Fundraising, Big Red Car? Really?

Big Red Car here on a glorious crisp day in the ATX — On Earth as it is in Texas, y’all!

[Somebody emailed me and told me that was an obnoxious way to open a blog post, so this one is for you, pal. You know who you are and I love you all the same. Get over your whiny, thin-skinned, defeated-liberal self and NO the popular vote is not the “thing.” Sheesh! Pay up on your bet, you deadbeat.]

Can a businessman run a more cost effective campaign than a politician?

The numbers are in and it appears to be the truth.

Let’s dig into the numbers — this is intended as a lesson for CEOs, not a political commentary.

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08/28/15

Dealing With NO! in Fundraising

Big Red Car here. Yesterday, I had a chat with an entrepreneur who was getting ready to launch his fundraising campaign.

He’s smart, articulate, hard working, honest, and naive.

He said, “I’m having a hard time wrapping my head around the negativity associated with fundraising.”

To which the Big Red Car said, “Do tell.” Continue reading

12/31/13

Convertible Debt

Big Red Car here.  Well, it’s cold and raw here in the ATX.  Not convertible weather which gets me thinking about a different type of convertible — convertible debt.

The Boss received several questions as to when and how convertible debt would be used by a startup.  This explanation will give you the basics.

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10/10/13

Fundraising developments

Big Red Car here.  The Boss is back in town through the rest of the year — well, except for a visit to NYC and a couple of weeks of skiing in early December.  The Boss likes that skiing.  It’s already snowed in the Rockies.

This morning he was up early and had a conversation with one of his CEOs that he’s had about a thousand times — raising money.  It’s what CEOs do whether they like it or not.

Most CEOs do not like raising money.

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