Never make the mistake of wasting time trying to convert someone into being a supporter/customer/investor before you qualify them and assign them to one of these groups: 
Your time is limited and you need to ALWAYS be focusing on what moves the needle, not what strokes your ego or their ego.
Figure out where they fit and then determine if time spent on them right now will yield the results that you need.
Salespeople do this all the time.
Figure out where they fit and then determine if time spent on them right now will yield the results that you need.
Salespeople do this all the time.
Notice that autodealerships and real estate agents ask WHEN you plan to purchase because they need to know who really matters right now, not 3 months from now.
They will keep the relationship but they won’t waste time on trying to make a sale today if you will buy in 6 months
They will keep the relationship but they won’t waste time on trying to make a sale today if you will buy in 6 months
My experience with fundraising always starts with:
“What is the last early-stage company you invested in?”
If they say none, I prepare for the inevitable onslaught of questions and must decide whether this will be worth my time. Most times it will not be.
“What is the last early-stage company you invested in?”
If they say none, I prepare for the inevitable onslaught of questions and must decide whether this will be worth my time. Most times it will not be.
While those of us with experience would all love to run classes on early-stage investing, we can’t do it WHILE we are fundraising.
It’s about the path of least resistance and maximizing the return on our time, which is an investment and valuable, not a diss to anyone.
It’s about the path of least resistance and maximizing the return on our time, which is an investment and valuable, not a diss to anyone.
Some people will take offense to being put in a different category because they have less experience or less money but that’s an ego problem on their end.
I don’t complain about being in a lower rank as a tennis player or chess player. I admit it and commit to learn or accept it
I don’t complain about being in a lower rank as a tennis player or chess player. I admit it and commit to learn or accept it
If you want to become an early-stage investor, educate yourself. Free resources exist and I highly recommend this book:
amazon.com/Angel-Investin…
amazon.com/Angel-Investin…
It’s not different with wanting to invest in the stock market:
I started with this book:
amazon.com/Intelligent-In…
I started with this book:
amazon.com/Intelligent-In…
Invest in yourself by reading widely, studying successful people and learning to control your emotions.
• • •
Missing some Tweet in this thread? You can try to
force a refresh
