Avoid These Common Fundraising Mistakes for Entrepreneurs

 


Hi, my name is Jenny, and welcome to our new series, "Common Entrepreneurs' Mistakes." Today's first video is about fundraising. What are the common mistakes in fundraising? 

Number one is self-funding instead of seeking funds from friends and family. 
Number two is fundraising either too soon or too late. 
Number three is not understanding your investor persona. 
Number four is having overly optimistic assumptions. 
Number five is having a vague or overly broad addressable market. 

Lastly, not emphasizing enough on your team, as they play a crucial role in any fundraising deal.

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