What you need to get funded in the depression of 2009?

  • Referrals – You need to know people with money;
  • Traction – Must show momentum and revenue progress (smell like money)
  • Cash flow break even – Must show the business will cash flow
  • Exit potential – You’ve got to matter in the strategic evolution of the market
  • Tenacity and perseverance – don’t accept no
  • Time – It takes longer than you think to raise money (plan on 6 months)