Fundraising for your pre-seed, seed or Series A onwards is a massive task. Lots of hands to shake, coffees to sip and emails to send. Founders take months of planning to secure even the smallest of financing rounds from venture capitalists.
To succeed, you need to apply a method to the madness. I find and often recommend a great tool and method to managing the process. The tool is called Trello, and you can apply a kanban-like methodology to it. The first step is to go signup for Trello https://trello.com/and create your first board. Create lists called Hitlist; this is all the venture capitalists or angel investors you want to target.
The next list is called Outreach / Intro, and this list holds the firm’s you’ve either contacted or been introduced to. Next, we have Had Meeting which as it says holds the firm’s you’ve met with and pitched. The Follow Up is the next key lists as you HAVE to follow up and hustle to get the round you want.
Finally, you have the holy grail, the Term Sheet which is the contract of the offer to invest in your startup. You want to try and look at this Trello chart every day to remind yourself you have work to do.
I recommend setting a reminder for about 2 days after a pitch. You simply progress the cards through the list as you continue on your fundraising journey. Best of luck and remember, ABC, always be hustling!