While any funding may seem like good funding, this isnt necessarily the case.

It’s free, every week, in your inbox.

Serenity Gibbons,NAACP

2.

12 mistakes to avoid when funding a startup

This is especially true with PayPal Working Capital, which we have successfully taken advantage of several times now.

Zac Johnson,Blogging.org

3.

Tell a story that describes your vision, and back it with numbers.

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Chances are you understand the industry better than the investor.

Kasey Kaplan,Urban FT

4.

Ideally, the founders should still own a majority stake in the business when seeking seed funding.

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Thomas Smale,FE International

5.

Dont believe the media hype.

Youve got to work at it.

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Angela Ruth,Calendar

6.

Its much harder to raise when youre desperate.

Michael Averto,ChannelApe

7.

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If anything, ask for very little.

Peter Daisyme,Hostt

8.

Nicole Munoz,Nicole Munoz Consulting Inc.

9.

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Shu Saito,Fact Retriever

10.

Dont assume youll get your next round; focus on stabilizing your business model first.

Andy Karuza,FenSens

11.

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Not focusing on profitability

Make profitability as big of a priority as growth.

What I didnt realize and many founders dont is that self-sustained profitability equals freedom.

Raad Ahmed,LawTrades

12.

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When we launched our seed round, we wanted to quickly close it to move on.

One became a huge headache from the very beginning.

I learned my lesson much like hiring, investors need to fit your culture.

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Learn more at yec.co.

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