8 - Building without Chasing Funding
Manage episode 373332448 series 3285810
In this episode of I am joined by founder Rachel to explore the evolving landscape of building We delve into the shift away from idea-based fundraising, discussing how economic uncertainties and the experiences of renowned "Unicorns" have reshaped the funding scene. Rachel shares her insights working with founders, highlighting the value of bootstrapping and the pitfalls of seeking funds prematurely. She offers practical tips for entrepreneurs to effectively launch businesses without external funding, emphasizing strategies like starting as a side gig, leveraging co-founders or friends, and demonstrating personal belief in the venture. Through compelling real-world examples, Rachel illustrates the journey of self-funded startups, showcasing their challenges, triumphs, and the importance of adaptation. We also explore common derailments for self-funded businesses, along with resource management strategies, and close with Rachel's empowering advice – "Just do it" – encouraging listeners to take action while staying receptive to guidance.
Need help with your startup / small-business marketing and sales, Rachel Rachel Schneider @ Magnus Marketing Group is your go-to-person.
Check out Magnus Marketing Group at www.magnusmg.com and connect with Rachel through her LinkedIn at http://www.linkedin.com/in/rachelmagnusmg
If you are a US-based founder and small business owner in the B2B tech space with traction and revenue looking for investment, let's connect 🔗 and get you funded https://tally.so/r/wb95l7 OR connect with me on LinkedIn: https://www.linkedin.com/in/shadiyazdan
25 episodes