🚀 Collision Conf 2024 was AMAZING for the OneCliq team! 🌟 One of our standout moments was Tanika McLeod moderating a panel for the Black Founders Network (BFN) 🙌
✨ Dive into a snippet from her session where the panelists shared their make-or-break moments in their fundraising journeys.
From overcoming a $200k tech build quote with only $5k in hand to navigating the nail-biting market validation tests, the stories of resilience and ingenuity were truly inspiring.
The recurring theme? Unrelenting resilience and the ability to pivot and innovate under pressure. 💪
Catch the full video on our YouTube channel for more insights and inspiration! Coming soon to https://lnkd.in/evF-JDVE 🎥
#Collision2024#OneCliq#BlackFoundersNetwork#FundraisingJourney#StartupStories
Panelists in this video: Kay Boamah, Cynthia E., Jonah Chininga
So I'm wondering if you could share a make or break moment that had a profound impact on your fundraising journey. If you can think of an example of something that just was like you really thought things could go one way or the other and hopefully it's a success. But even if it was, you know, really challenging time, that could really help those in the audience. So I would like to start with K and move back this way. I think it was when we bought our quote, the building out our 200 day, we have like 5K. So we have to really construct that we can stop thinking. Singapore actually built it himself. Capital Grille for Minimal Viable Product and Figma Grant signed up and that was huge for us because we're picking 4th that 4th. So that was a moment when you thought we were going to die and you were able to at least. Something that assign file, use that to get the initial funding and then afford today to go back and review so. I would say that. I think for me, the biggest need for break was in market validation testing like that one thing as an innovator founder to have this gave me that you're killing love with, but you realize like when you presented to the world and you don't have a consumer based out, they'll fight and fight hard and show that traction. You've got to let it die. All that hard work. And so for me it was like the nail biting of kind of like, is there really? Need and then see that trickle in and hustle for it. That would be the big thing for me. For me, it'll be in two ways. Because you've done 2 hours please. So the first one was actually busy. Remain the team. We do have the quantity to be able to solve the problem and actually deal with technology. So we have the builders and the full function. Well, I think for us and then in terms of the business, I think actually by the end of last year we closed out of $1, 000,000 commercial contract. What happened? That's amazing. So definitely I'm picking up on trends around, you know, I'm having the right team. Of course, there are different tasks at different stages of fundraising, but also the theme of resilience, right? And sometimes you'll come across something that makes you feel like it might totally destroy your company. Like you said, you know, our company was on the brink and you really have to just figure it out and get get to that other side. And so I find that that's usually a common experience in in a founders. Journey is really just trying to get to that other side and whether it's through fundraising, building your product, etcetera, validating your product in the market, it's really just about that, that unrelenting, resilient. I know that fundraising is usually a lot about relationship building, right There is a numbers game, there's a science to it, but it is also a lot about just getting to know people because people invest in people at the end of the day and especially at the earliest stages.