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Alexandra Pluthero, Freedom Underwear - Challenges Of Funding A Non Tech Business

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Manage episode 340631969 series 2513600
Conteúdo fornecido por Julia Elliott Brown. Todo o conteúdo do podcast, incluindo episódios, gráficos e descrições de podcast, é carregado e fornecido diretamente por Julia Elliott Brown ou por seu parceiro de plataforma de podcast. Se você acredita que alguém está usando seu trabalho protegido por direitos autorais sem sua permissão, siga o processo descrito aqui https://pt.player.fm/legal.

Alexandra needed investment early on to launch, buy stock and begin marketing. Interest from family and friends led to her first round of £50K. Freedom Underwear launched in 2020 and Alexandra went for a second raise 6 months later. She realised the responsibilities as founder change as soon as you’ve launched from making bras… to finance, ops, and everything in between.

Finding investors to commit to her second raise was a challenge, and finding female investors was especially hard. Alexandra raised over £100K via the ‘next layer of the onion’ - her further-extended friends and family network. While it was scary opening up to more people, it worked!

Alexandra would like to see more transparency about what investors actually want so that entrepreneurs don’t have to spend the little time they have stumbling around in the dark.

In this episode you’ll discover:

  • How to take the risk and put yourself out there
  • How to build your story and have effective conversations
  • Why being authentic will win over investors
  continue reading

72 episódios

Artwork
iconCompartilhar
 
Manage episode 340631969 series 2513600
Conteúdo fornecido por Julia Elliott Brown. Todo o conteúdo do podcast, incluindo episódios, gráficos e descrições de podcast, é carregado e fornecido diretamente por Julia Elliott Brown ou por seu parceiro de plataforma de podcast. Se você acredita que alguém está usando seu trabalho protegido por direitos autorais sem sua permissão, siga o processo descrito aqui https://pt.player.fm/legal.

Alexandra needed investment early on to launch, buy stock and begin marketing. Interest from family and friends led to her first round of £50K. Freedom Underwear launched in 2020 and Alexandra went for a second raise 6 months later. She realised the responsibilities as founder change as soon as you’ve launched from making bras… to finance, ops, and everything in between.

Finding investors to commit to her second raise was a challenge, and finding female investors was especially hard. Alexandra raised over £100K via the ‘next layer of the onion’ - her further-extended friends and family network. While it was scary opening up to more people, it worked!

Alexandra would like to see more transparency about what investors actually want so that entrepreneurs don’t have to spend the little time they have stumbling around in the dark.

In this episode you’ll discover:

  • How to take the risk and put yourself out there
  • How to build your story and have effective conversations
  • Why being authentic will win over investors
  continue reading

72 episódios

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