Here's how you can decide which tasks to delegate and which to handle yourself in fundraising.

Evaluate your team’s skills and expertise to identify who can handle specific tasks effectively. At Young Trendz, I identified team members with strong financial backgrounds to assist with detailed financial planning and analysis.

While its really important to delegate tasks to those who have the right skills to handle them Fundraising is not 100% science: 1) If there is a personal relationship with a potential investor, then, there is absolutely no one on earth to whom you can delegate. I have not yet found a stronger factor than having an existing relationship with an investor 2) There is an element of art and creativity to fundraising. While its true that we should tailor our message to the specific audience, we should be ready to answer questions creatively and associate a purpose and a good cause behind what we are doing

Determine the importance and urgency of each task. Handle critical and high-priority tasks personally, while delegating routine tasks. For The Coco Love, I focused on investor pitches and strategic decisions, delegating research and document preparation to trusted team members.

Dans mon expérience à la fois entrepreneuriale et consultant, le do it yourself est tentant, et il est certainement apprenant, mais il éloigne le dirigeant de ses activités prioritaires ( business, manager, technos etc ) Il est recommander de déléguer les taches de préparatin du dossier, de ciblage et de pilotage du roadshow à un leveur de fonds professionnel

Consider the potential outcomes and impact of each task. Delegate tasks that others can manage without compromising the quality of results. This approach allowed me to focus on building investor relationships while my team handled preliminary due diligence.

Un tableau de bord type funnel est indispensable pour suivre le roadshow, ce d'autant plus si vous ciblez une cinquantaine d'investisseurs ... on a vite fait de perdre l'info et la vue globale de l'opération, sinon.

Everyone knows that fundraising is a full-time job for the founders. But there are also a lot of other tasks that CEOs should deliver in their start-ups. Time management is super important to get everything done. I highly recommend founders hire assistance that can collect data, do the routine job, and save valuable time.

Analyze your schedule and time constraints. Delegate time-consuming tasks to ensure you can focus on high-impact activities. Efficient time management helped me balance multiple fundraising meetings with strategic planning.

Evaluate the risks associated with each task. Handle tasks with high risks personally, while delegating lower-risk tasks. By managing high-stakes negotiations myself, I ensured key discussions aligned with our vision and goals.

En matière de fund raising, les risques principaux sont : -mauvaise gestion du timing ( ne pas donner aux financeurs le temps de travailler, tomber à court de cash en cours de process) - mauvais delivery : ne pas tenir pendant le process de levée les promesses annoncées - Mauvaise négo : sur- ou sous- évaluer le projet, manquer de pragmatisme, d'imagination ou de connaissances techniques pendant la négociation

Empower your team by trusting them with significant responsibilities. Delegating meaningful tasks at The Coco Love not only lightened my load but also motivated the team to contribute effectively to our fundraising efforts.

Se faire bien accompagner est le premier acte d'un fund raising réussi. Trois critères pour choisir son consultant : - est il professionnel ? ==> track record, publications, références - Est il fiable et engagé ==> nombre de dossiers en même temps, références, nature de la rémunération ( fixe/variable) - Et il en phase avec qui je suis ? ==> le fit humain est essentiel car un fundraising est une aventure compliquée, pleine d’ascenseurs émotionnels.

Before you assign a task, make sure you understand it yourself. Easier said than done. Make time to test drive the task yourself and truly understand the function before assigning a direct report to execute. Making time to understand even the smaller tasks will make you a better manager and your team more efficient.