Vinny Lingham’s Secret’s for securing funding

The important things to consider when you are looking to raise funding for your new business, or business idea, you need to concentrate on the following:

  • Have a great team
  • You need a good plan
  • Be a good networker
  • Build a ‘Great pitch’ (if you can’t deliver your message in 1-2 sentences, then it’s not simple enough for a funder)
  • Have a good demo
  • Be persistent (don’t give up)
  • Remain passionate about your business
  • Show potential
  • Build products, not services (service  businesses don’t scale)
Ceri is the Sales and Marketing Director at Talooma. Over about 15 years, Ceri has developed his passion for meeting people and selling, during which time he has mastered the art of networking and consulting. Ceri has enjoyed watching the Internet industry grow over the past 10 years in South Africa and has been very fortunate to have been a part of it.
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