Fundraising is a Process, not a Project

I’ve noticed that many founders – and most first-time founders – don’t think systematically about leverage.

Fundraising is a Process, not a Project

Look, I've watched countless founders treat fundraising like it's some weekend project they can knock out between coding sessions.

That's where they mess up.

Here's the truth: Fundraising isn't a sprint – it's a marathon that never really ends.

Fundraising is a Process, not a Project

Why Most Founders Get This Wrong

I'll be real with you.

Most people think fundraising looks like this:

  • Make a deck
  • Email some VCs
  • Get a check
  • Build your empire

But that's not how this game works.

The Reality of Raising Capital

Here's what actually happens behind the scenes:

You're not just raising money.

You're building relationships.

You're creating momentum.

You're telling a story that gets better with each telling.

The Fundraising Lifecycle

Let me break this down into phases I've seen work:

Digital Capital Raising vs traditional ways

Phase 1: Foundation Building

  • Clean up your metrics
  • Get your story straight
  • Build your target list
  • Start making noise in your market

Phase 2: Relationship Development

  • Connect with investors before you need money
  • Share monthly updates
  • Build genuine relationships
  • Become a known entity

Phase 3: Active Fundraising

  • Set clear timelines
  • Create urgency
  • Run a tight process
  • Close with momentum
Average capital raise deal size

Real Talk: What Nobody Tells You

I lost count of how many "no's" I got before my first "yes."

But here's the thing:

Those "no's" made my pitch better.

Each rejection taught me something new.

The Process Never Stops

Truth bomb:

Even after you close a round, you're still fundraising.

Because the next round starts the day after you cash that check.

Making It Work For You

Here's how to turn fundraising into an ongoing process:

  1. Build your pipeline
  • Track every interaction
  • Follow up consistently
  • Keep relationships warm
  1. Create your system
  • Regular investor updates
  • Milestone tracking
  • Network expansion
  1. Maintain momentum
  • Share wins early and often
  • Keep conversations flowing
  • Stay on people's radar

Number of deals for raising capital

The Mindset Shift

Stop thinking: "I need to raise money"

Start thinking: "I'm building an investment-worthy company"

FAQs

Q: How long should my fundraising process take?A: Plan for 6-9 months from first conversation to money in the bank.

Q: Should I talk to investors when I'm not raising?A: Absolutely. The best time to build relationships is when you don't need money.

Q: How many investors should I talk to?A: Expect to reach out to 100+ to close 1-2 lead investors.

Q: When should I start the process?A: At least 18 months before you need the money.

The Bottom Line

Fundraising isn't something you do once and forget about.

It's a continuous process of building relationships, improving your business, and creating opportunities.

Remember: The best deals come to those who've been playing the long game.

Because at the end of the day, fundraising is a process, not a project.