In the latest episode of Trailblazing Entrepreneurs, serial entrepreneur and investor Max-Michael Mayer, CEO, ISV App, shares how startups can find investors, raise funds, and achieve growth. Based on experience gained from his own SaaS ventures, Max-Michael reveals what makes an attractive investment opportunity and shares his key tips for executing a successful exit strategy.
https://medium.com/media/64c4f68335db6507f18afc3f55fbd103/href
Read on for some of the takeaways from the conversation with Max-Michael then check out the full episode here, and the full transcript here.
Start the Fundraising Process as Early as Possible
To ensure resilience in the face of unforeseen events, the importance of having financial reserves should not be underestimated. Max advises startups to have various back-up plans in case things don’t unfold as expected and to factor enough time into the business plan to raise the funds needed to avoid being put under pressure. He suggests, “You might be lucky and close something in three months, but
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