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Why raising funds for idea takes time?
Yes raising funds take time, its not just that you wanted to raise and investors are queued up to fund your venture. This is something which most of entrepreneurs should understand that raising funds does not happen over night and takes time.
Lets analyze with a startup founder for the above statement. So you started a startup and built brick by brick and came time where in you wanted that extra fuel to fly and take off. So you got into planning got your business plan and pitch deck ready.
Had your justifications, assumptions everything ready and started to reach out to investors.
When you start you will have lot of people giving gyan do this way or you will also have financial advisors saying to you I will raise funds for you sign the mandate or give me exclusive mandate all these things are baseless. The bottom line that works is if you have stomach pain then you need to go to doctor and you cannot send a representation who will enact what’s your pain.
Also need to do a bit of home work before sending first understand the band width of investor, study his earlier investments and how many he has exited and how many had problems with founders all these data is crucial before you engage with investor.
Yes it takes time, when you send mail to investor you are not the only one seeking funds, then your startup should grab his attention and interest, then he valuates your company does due diligence and then is where he gets back to you with further more details
Its not like he is waiting for investment, understand investors value each and every penny they invest and that’s why they are investors and have wealth to invest and have built
So when you now there is some much of process involved in taking decision from investor, then you need to start early rather than start at time when you are facing the crunch and then running here and there.