When You’re Raising Funds, You’re Not Working On Developing Your Business

Over the years, I’ve worked with many entrepreneurs and business developers. One thing that has struck me time after time is how seemingly incompetent some of these startupists are at growing their business and achieving results.

This was something I could never understand… until one day I realized that most of these CEOs aren’t actually working towards developing their business! Rather, they’re working towards raising the next round of fundings for their company. Here is a great related quote I stumbled upon recently: 

Related quote:

“Road shows to raise investment are grueling and utterly distracting from the main goal of succeeding in the marketplace… CEOs regularly claim that they are perpetually in fund raise mode which distracts them from the business at hand of building the value of the company.” Dermot Berkery