Fundraising brings not only capital to the startup, but it also hones the founder’s skills.

Here are the skills the founder will improve:

Relationship building — the founder learns how to build a relationship.

Networking — the founder learns how to grow a network and use it to connect with others.

Public speaking — the founder learns how to read the room, adjust the presentation on the fly, and pitch to an audience.

Financing — the founder learns how to read financial statements, financial contracts called terms sheets, as well as cap tables.

Board management — the founder learns how to manage a board and report to those who oversee the business.

Evaluate people – the founder learns how to evaluate people to determine what they bring to the company.  This is most often done with investors.

Delegation — the founder learns how to delegate, which comes down to what to outsource and what must be done by the founder.

Look at how you can build your skills during the fundraising process.

 

Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.

Let’s go startup something today.
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Thank you for joining your host Hall T. Martin with the Startup Funding Espresso — your daily shot of startup funding and investing.
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Disclaimer:
Hall T Martin is the director of Investor Connect, which is a 501(c)(3) nonprofit dedicated to the education of investors for early-stage funding. All opinions expressed by Hall and podcast guests are solely their own opinions and do not reflect the opinion of Investor Connect. This podcast is for informational purposes only and should not be relied upon for the basis of investment decisions.