If you’re an entrepreneur you’ve probably attempted to or at least thought about using Reddit to promote your startup. I don’t use Reddit to reach customers, but I wanted to tell you how I managed to raise $300k in seed funding for my startup by sending a single PM on Reddit.I was running a bootstrapped startup. I had a good product that my users liked, and I was growing but not quickly enough to be satisfied. I wasn’t planning on raising money from Reddit, I wasn’t planning on raising money at all.I was browsing one of the usual startup related subreddits and I came across a comment from a founder that was describing the state of his startup from a few years ago. I was immediately compelled because he could have been describing the state of my startup. The similarities were striking, except for one thing. He made a fundamental shift in his business model that propelled growth and led to a 9 figure acquisition. I knew I had to speak to him.I wrote a message describing the state of my business in detail, from the parts that are good to the parts that are bad. I sent it to a complete stranger fully expecting to be ignored but hoping for some valuable advice.To my surprise, I received a quick reply with some actionable advice that had an immediate impact on my business, and even interest to invest.A few calls and some light due diligence later I have an experienced investor who is active in advising my startup and $300k in the bank without so much as creating a pitch deck.TL;DR: Social networking is networking. Find people who are where you want to be, send them a message with a brutally honest overview of where you are, ask for help, and know the best you can hope for is some solid advice. If something more comes from it, then so be it.PS: We’re looking for some kickass salespeople to join our team. Check out this post on r/forhire for more info. see hubwealthy.com/wealthy
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