Have you ever wondered how difficult it is for startups to find early money? In this short episode of The Angel Next Door Podcast, host Marcia Dawood demystifies the friends and family round, shedding light on the challenges and potential solutions for entrepreneurs seeking funding at the very beginning stages of their journey.
The episode is divided into three parts: raising from friends and family, alternative options for those without a support network, and the possibilities of non-dilutive funding. Marcia explains how entrepreneurs can structure their fundraising efforts, the importance of building strong relationships with potential investors early on, and the benefits of leveraging non dilutive funding sources. Listeners are encouraged to approach funding with the right mindset and effectively communicate with investors throughout their entrepreneurial journey.