How to raise $500k for a startup or project

Post on 12-Jan-2017

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Transcript of How to raise $500k for a startup or project

HOW TO RAISE $500k FOR A STARTUP OR A PROJECTWITH NO PREVIOUS EXPERIENCE IN ASKING FOR MONEY

This presentation is based on how Patryk Wezowski raised $500k.

Patryk wanted to make a documentary. He failed to secure any investments and was becoming desperate for help. Without money he

couldn’t start the filming of his documentary.

Within 2 months of coaching with Noam Kostucki, he had raised over $500k to make his documentary. He was so amazed by his quick success

that he wrote this article to share his story: www.bit.ly/raising500k

This presentation builds on his story and gives guidance on how you can apply what Patryk did for your startup or project.

FOUNDATIONS TO YOUR SUCCESS

ASKING FOR MONEY

ACTIONS YOU CAN TAKE NOW

1

2

3

FOUNDATIONS FOR YOUR SUCCESS1

CREATE A CLEAR AND INSPIRING VISION

PATRYK’S GOAL: CHANGE 1 MILLION LIVES

What better

world do you want?

What measurable

goals can you create?

What are the steps to achieve

these goals?

DEVELOP A DETAILED AND PRECISE BUDGET

PATRYK’S BARE MINIMUM TO FILM THE DOCUMENTARY: $180K

What is your

breakeven point?

What is the bare minimum amount you

need?

What can you do with this money in reality?

PATRYK CHOSE WWW.COACHINGMOVIE.COM

GET A SHAREABLE DOMAIN NAME

Simple Memorable Easy to say

CREATE WEBSITE THAT FULFILL ITS PURPOSE

What are the 1-3 most important goals for your

website?

Design a website that

fulfills your goals

Test your website and improve conversion

SHARE WHY YOU ARE INSPIRED BY YOUR VISION

PATRYK TOLD HIS STORY IN THIS VIDEO: WWW.BIT.LY/COACHINGWHY

What triggered

you to start this project?

Why is it important to

you?

What evidence is

there for your solution?

NOBODY SUCCEEDS ALONE: BUILD YOUR DREAM TEAM

What are you best / worst at?

What do you need help

with?

Who can mentor /

coach you?

PATRYK BUILD A TEAM OF ADVISORS, MENTORS, A COACH, FREELANCERS AND PARTNERS WHO CARE ABOUT THIS VISION

ASKING FOR MONEY2

FOCUS ON THE VALUE YOU ADD TO PARTNERS AND INVESTORS

What tangible value do

you offer?

What intangible

value do you offer?

What else do your investor

value?

PATRYK OFFERED PACKAGES WITH VISIBILITY, POTENTIALNEW CLIENTS, PROFIT SHARE AND MORE TAILORED BENEFITS

CHANGE YOUR MINDSET FROM MAKING THE ASK TO MAKING AN OFFER

Why do they want to invest in

you?

Why are you the best to do what you do?

What do they not know that

you know?

PATRYK FOCUSED HIS CONVERSATIONS ON THE OPPORTUNITIES AND BENEFITS FOR THE INVESTORS

BE PERSEVERANT AND GET THINGS DONE

You will hear “no” more than

“yes”

You only need a few “yes”

How many calls are you

ready to make?

PATRYK MADE OVER 1,000 CALL TO GET 20 INVESTORS

STAY 100% FOCUSED ON YOUR GOAL

Remove all distractions and noise

Have weekly coaching sessions

Track your daily

performance

PATRYK DEDICATED 100% OF HIS WORK TO RAISING MONEY FOR 3 MONTHS. BEFORE AND AFTER HE WORKED PART TIME

ON PREPARING AND CONTINUING THE FUNDRAISING.

BE PATIENT AND PREPARE FOR A LONG ADVENTURE

Plan 6-18 months for all money to be in

the bank

Take the time to prepare your ask

Plan a side income or savings

PATRYK’S FUNDRAISING TOOK A TOTAL OF 12 MONTHS

INVEST TIME IN GETTING TO KNOW YOUR POTENTIAL INVESTORS

What interests them?

What makes them happy?

What kind of businesses do

they like most?

PATRYK TALKED TO MOST INVESTORS FOR MONTHS BEFORE THEY INVESTED ANY MONEY

REMIND EVERY INVESTOR WHY YOU DO WHAT YOU DO

Why do you do

what you do?

What motivates you to get out of

bed?

Why are you not going to

quit?

PATRYK SHARED HIS PERSONAL STORY WITH INVESTORS

– ALBERT EINSTEIN

LEARN TO MASTER THE SKILL OF RAISING MONEY

Read Patrick’s

story (next bubble)

www.bit.ly/raising500k

Reach out to 5 coaches you

like

PATRYK WROTE A STORY ABOUT HOW HE INITIALLY DIDN’T ASK FOR COACHING AND ALMOST FAILED AS A RESULT

BUILD CONFIDENCE IN TALKING TO INVESTORS

Select a coach to work with

Read books about angel investment

Practice what you learn

PATRYK RECEIVED COACHING FROM NOAM KOSTUCKI

ACTIONS YOU CAN TAKE NOW

* NOTE THAT YOU ARE 100% RESPONSIBLE FOR YOUR SUCCESSES. IF YOU WANT TO RAISE MONEY FOR A STARTUP OR A PROJECT, GO

TO THE NEXT SLIDE AND TAKE ACTION.

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STEP 1NOAM KOSTUCKI BELIEVES IN REWARDING PEOPLE WHO TAKE ACTION.

After reading the 3 steps, go back to the beginning of this presentation

STEP 2CREATE A PRESENTATION / DOCUMENT WITH ALL ELEMENTS MENTIONED IN THIS PRESENTATION, AND YOU WILL RECEIVE FEEDBACK AND HELP TO DIG DEEPER.

For each slide, instead of

what Patryk did, write what you would do

STEP 3THE MOST INSPIRING AND SOLID PRESENTATIONS WILL BE INVITED FOR A COACHING SESSION.

Send your answers to noam@redefineus.com

You will receive feedback and help to

dig deeper

KEEP CREATING, KEEP SHINING

Create your masterpiece (one on one coaching) - www.redefineus.com Make your life more magical (blog + elearning) - www.artofamagicallife.com

*presentation created by Celina Sol Gruz / instagram: @celinasolcruz / www.yourlocalocals.com