How to raise $500k for a startup or project
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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.
3
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 [email protected]
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