Peter Diamandis: Energetic Fundraising

April 23, 2008 presentation by Peter Diamandis for the Stanford Technology Ventures Program Educators Corner in the School of Engineering at Stanford University.

Fundraising is simply an energy transfer to further your projects, explains X PRIZE founder Peter Diamandis to Stanford University's budding entrepreneurs. It's also the most crucial skill an entrepreneur can have. When trying to raise funds, it's critical to remember that you have to ask for what you want, and that you have to give others the opportunity to be involved. And, says Diamandis, never walk away from a potential funder without something; whether it's dollars, feedback to help you pitch more efficiently, or the phone number of another contact.

For more videos of this talk, visit http://edcorner.stanford.edu/authorMaterialInfo.html?mid=2005

Stanford University Channel on YouTube:
http://www.youtube.com/stanford

Category:

Education

Tags:

• entrepreneurship
• business
• technology
• start-up
• silicon
• valley
• raising
• funds
• money
• investing
• exploration
• space
• seds
• drape

[happinesson]

I NEVER thought that fundraising is a SKILLS! The result of your fundraising is the basis of how much energy you gave to a certain project needs to be funded!

[agapitoflores001]

Nice fund raising. I thought it was some king of a money making..haha

[RalfLippold]

When you get stuck in the funding of your dream see that short interview with @PeterDiamandis, co-founder of @singularityu - 5 min very well invested!!!

[XGALARION]

i get this from another vid:dont forget to have fun while fundraising (no pun intended)

[RalfLippold]

Peter's short story about his funding for printing the letters at Draper is a beautiful example of Presencing/ U-process :-)

"Pitching the heart out of me!" - as entrepreneurs are likely to do

"A great idea. But we can't fund you" - incongruent feedback to expectations

Leaving the room - letting go - bottom of U

Turning the knob, "Could you instead print the letter?" - letting come - crystalizing - prototyping

[channelYush]

Some highlights for me:

- "..think of fund-raising as energy transfer"

- "you have to ask...give the other person a chance to help you"

- You cannot walk away with nothing after investing a bunch of time. Ask for advice..ask for introductions...

- When you ask for money you'll get advice. When you ask for advice, you might get money

[timresel]

would you fund a free energy device ???