Enzyme

Not asking for money is disrespectful! I keep seeing this over and over, especially in emerging countries. Founders often feel shame and hesitation when it comes to asking investors for money. I used to be like that too, coming from a mentality where "money is bad" or "we're good, we got it" (narrator: they are not good, they are struggling. There's also a belief that if someone has made a lot of money, it must be due to some sort of criminal activity they, their father, or grandfather did. If you are an entrepreneur, it's not shameful to ask for money. Especially when your dreams are on the line! At a recent event I attended, investors flew in from all over the world, some traveled for over 20 hours just to meet promising startups. It's their job to find good deals. However, 2/3 of the startups on stage didn't even have an ask in their presentation. yes, even if the sole purpose of these pitches was to ask for money/fundraise). Why would you waste somebody's time if you don't need their help? They came in for a reason, they are doing their job. You should do yours. Not having an ask is wasting someone's time, and wasting someone's time is disrespectful. Ask and you may receive. What are some other self limiting beliefs that founders have?