Entrepreneurs face many challenges when they first start their companies – they spend countless hours working on the development of the product, on the acquisition of customers, on building team of experts and so on, – but one of the biggest challenges comes with raising money. Fundraising is difficult process and requires time and preparation. It is important for the entrepreneurs to prepare themselves as much as they can before the first (or next) fundraising round in order to achieve better results. To help you feel more confident before the next meeting with investors, here you are able to find five of the best books on the subject.
The Crowdfunding Bible: How To Raise Money For Any Startup, Video Game Or Project
By Scott Steinberg
“To improve chances of success, you want to build a project or product where you think you’re filling a hole. Part of the trick is showing people things that they either a) haven’t seen in a long time or b) things they haven’t seen before.” Scott Steinberg
The Tech Entrepreneur’s Survival Guide: How to Bootstrap Your Startup, Lead Through Tough Times, and Cash In for Success
By Bernd Schoner
As tech entrepreneur himself, the author of the “survival guide” shares his experience with cofounding a tech startup in the dot-com bust, helping aspiring entrepreneurs learn how to build the most effective teams, how to secure capital for their ventures and how to plan the best exit strategies from their businesses.
What Every Angel Investor Wants You to Know: An Insider Reveals How to Get Smart Funding for Your Billion Dollar Idea
By Brian Cohen
“Burning bridges with one investor can cut off multiple sources because of their extensive networks.” Brian Cohen
“Passion is an excellent guide for choosing hobbies but less so for choosing a business.” Brian Cohen
“first-rate team with a second-rate idea will always outperform a second-rate team with a first-rate idea.” Brian Cohen
Mastering the VC Game: A Venture Capital Insider Reveals How to Get from Start-up to IPO on Your Terms
By Jeffrey Bussgang
“Reid Hoffman, founder of LinkedIn, observed that an entrepreneur is someone who will jump off a cliff and assemble an airplane on the way down.” Jeff Bussgang
Raising Capital: Get the Money You Need to Grow Your Business
By Andrew J. Sherman
“risk, reward, control, and capital.” Andrew J. Sherman
The four parts of the book cover Getting ready to raise capital, Early-stage financing, Growth financing, and Alternatives to traditional financing. It is excellent guide for creating and understanding better your fundraising strategy.
