A short coaching clip by Jeff "fuzzy" Wenzel advising founders to cultivate patience during capital raises. Key recommendations include testing marketing funnels, doing active listening to hear objections, practicing empathy and self-reflection, building relationships over time rather than expecting immediate investment, and a closing call-to-action to connect via preipohype.com.
Chapters
One of the things I think is hard for a lot of founders when they're raising capital is finding some patience. You know, there's a lot of external pressures. Obviously if you're doing a crowdfunding campaign, you, you need money. So a lot of times you just get in this headspace of like, where is it, where is it, where's it? You get in the sort of like kind of a. It's like a weird, desperate sort of plea, right? When in actuality it should be a time of finding patients, testing a lot of marketing, testing different funnels, reaching out, listening, doing a lot of listening, like hearing objections, hearing no understanding why a lot of self reflection, in my opinion should be happening during that time. I know when I do a lot of sales, I think about all this stuff all the time. I try to be very empathetic as to, you know, time of season, what might be, what might be happening on the other end of that phone call or that email. And then I have to find patience. A lot of times in my world, people will come back months later, you know, weeks later. So I have to always get in the headspace of like, it's. I don't. It's when the buyer is right or when the investor is right. You got to kind of be in that same mindset. You're building story, you're building a relationship, you're building a foundation. And if you have an expectation of. I've sent an email, where's my investment? You're in the wrong mindset again. So it's about, it really is. It just is a big journey that you have to go on and really be focused and, and find that patience and be listening. So, hey, if you're doing a raise or you're thinking about doing a raise, reach out, go to pre ipohype.com right now. Connect with me. I'm. I love to learn what you're working on and see if we can't help later.