Let's say you're building an automation tool
Go to Crunchbase and look up every NON-DIRECT competitor startup in a related sector (No-Code SaaS in this case)
List down ALL companies and ALL their investors
I've raised $20M for my startups by just emailing
Fundraising is hard but with the right system, anyone can raise
Here's my step by step process
Let's say you're building an automation tool
Go to Crunchbase and look up every NON-DIRECT competitor startup in a related sector (No-Code SaaS in this case)
List down ALL companies and ALL their investors
OR
b) Use VoilaNorbert. com or apollo .io
Put the first + last name + Company URL, and it will try a bunch of email permutations and predict the correct one with a 98% success rate.
Research
1) Which stage they like to invest in,
2) How much money do they typically deploy, and
3) Which person from their investment team led the investment in another startup in the related space
Rank investors by how willing you are to lose them
Start with those first, get their feedback, keep improving your pitch and then work upwards.
(I'm an Angel, so shouldn't be saying this, but heh it works, lol)
A good email will do the following -
1) Establish Competence
2) Explain what the company does
3) Share your growth and progress
4) End with a clear CTA
- Keep an interval of 2 days between each follow-up
- Use a shorter version of the above email to follow-up
Use Snov .io to check who has opened your email and who hasn't
- Record🔴 all video calls (w/permission)
- What makes Investors' faces light up and what causes them to lose interest
- Note all feedback and rapidly improve your pitch
Therefore, only two questions matter to an investor
Here's my framework for nailing the two questions that matter most:
How strong is your startup today?
1) Solid Revenue
2) Great Growth
3) Strong Unit Economics
4) Fast Execution Speed
5) Dedicated Customer Love
If you can be great at 3 of these, you can be average at the rest.
Answer with -
7) Market size is large (mandatory)
8) Category tailwinds favor your growth
9) Your unique business strategy
10) Relevant competition and why you'll beat them
11) How you will Profitably Scale
Again, you just need 3 of these
12) Why you founded this startup
13) Why you're the right founder at the right time
14) Why your team is the best team in the space
Being great at all 3 of these will give you room to screw up in other areas
- Speak to investors you're willing to lose and work upwards
- Record their feedback
- Rapidly improve your pitch
- Focus on answering the 2 questions
1) Find Investors
2) Create an Email Database
3) Follow Up
4) Focus your pitch on 2 questions only
4) Get on calls and get feedback
5) Keep improving your pitch
6) Repeat
There's $10 Billion+ of active, available capital on this list
Retweet + comment and I'll send it to you for free
Follow @jspeiser for more. https://t.co/0y6hU21aDg
I've raised $20M for my startups by just emailing
— Joe Speiser \u26a1\ufe0f (@jspeiser) May 26, 2022
Fundraising is hard but with the right system, anyone can raise
Here's my step by step process
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1/“What would need to be true for you to….X”
Why is this the most powerful question you can ask when attempting to reach an agreement with another human being or organization?
A thread, co-written by @deanmbrody:
2/ First, “X” could be lots of things. Examples: What would need to be true for you to
- “Feel it's in our best interest for me to be CMO"
- “Feel that we’re in a good place as a company”
- “Feel that we’re on the same page”
- “Feel that we both got what we wanted from this deal
3/ Normally, we aren’t that direct. Example from startup/VC land:
Founders leave VC meetings thinking that every VC will invest, but they rarely do.
Worse over, the founders don’t know what they need to do in order to be fundable.
4/ So why should you ask the magic Q?
To get clarity.
You want to know where you stand, and what it takes to get what you want in a way that also gets them what they want.
It also holds them (mentally) accountable once the thing they need becomes true.
5/ Staying in the context of soliciting investors, the question is “what would need to be true for you to want to invest (or partner with us on this journey, etc)?”
Multiple responses to this question are likely to deliver a positive result.
Why is this the most powerful question you can ask when attempting to reach an agreement with another human being or organization?
A thread, co-written by @deanmbrody:
Next level tactic when closing a sale, candidate, or investment:
— Erik Torenberg (@eriktorenberg) February 27, 2018
Ask: \u201cWhat needs to be true for you to be all in?\u201d
You'll usually get an explicit answer that you might not get otherwise. It also holds them accountable once the thing they need becomes true.
2/ First, “X” could be lots of things. Examples: What would need to be true for you to
- “Feel it's in our best interest for me to be CMO"
- “Feel that we’re in a good place as a company”
- “Feel that we’re on the same page”
- “Feel that we both got what we wanted from this deal
3/ Normally, we aren’t that direct. Example from startup/VC land:
Founders leave VC meetings thinking that every VC will invest, but they rarely do.
Worse over, the founders don’t know what they need to do in order to be fundable.
4/ So why should you ask the magic Q?
To get clarity.
You want to know where you stand, and what it takes to get what you want in a way that also gets them what they want.
It also holds them (mentally) accountable once the thing they need becomes true.
5/ Staying in the context of soliciting investors, the question is “what would need to be true for you to want to invest (or partner with us on this journey, etc)?”
Multiple responses to this question are likely to deliver a positive result.
Margatha Natarajar murthi - Uthirakosamangai temple near Ramanathapuram,TN
#ArudraDarisanam
Unique Natarajar made of emerlad is abt 6 feet tall.
It is always covered with sandal paste.Only on Thriuvadhirai Star in month Margazhi-Nataraja can be worshipped without sandal paste.
After removing the sandal paste,day long rituals & various abhishekam will be https://t.co/e1Ye8DrNWb day Maragatha Nataraja sannandhi will be closed after anointing the murthi with fresh sandal paste.Maragatha Natarajar is covered with sandal paste throughout the year
as Emerald has scientific property of its molecules getting disturbed when exposed to light/water/sound.This is an ancient Shiva temple considered to be 3000 years old -believed to be where Bhagwan Shiva gave Veda gyaana to Parvati Devi.This temple has some stunning sculptures.
#ArudraDarisanam
Unique Natarajar made of emerlad is abt 6 feet tall.
It is always covered with sandal paste.Only on Thriuvadhirai Star in month Margazhi-Nataraja can be worshipped without sandal paste.
After removing the sandal paste,day long rituals & various abhishekam will be https://t.co/e1Ye8DrNWb day Maragatha Nataraja sannandhi will be closed after anointing the murthi with fresh sandal paste.Maragatha Natarajar is covered with sandal paste throughout the year
as Emerald has scientific property of its molecules getting disturbed when exposed to light/water/sound.This is an ancient Shiva temple considered to be 3000 years old -believed to be where Bhagwan Shiva gave Veda gyaana to Parvati Devi.This temple has some stunning sculptures.