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Wisdom from Guy on Fund Raising

I've learned a lot from  Guy Kawasaki over the years. His book, 'The Art of the Start" taught me much about starting things, raising money and making presentations. He recently did a blog post that contrasts two types of approaches to venture capital. One is with up front money is one is raising money after a product is brought to market. You can read his thoughts on 'Plan B' fundraising here. To me there are many parallels to the non profit sector. Many of us think 'money first, programs after.' We like to project what we feel will be the best case scenarios, articulate the community need are then try to build the capacity around the idea. In my career I've started things only to find the need was not what I expected it to be, and had to go back to donors or stakeholders and explain what happened. That's not too fun. Staffing in non profit work is as or more important than in the for profit world because of the relationship factor. Staffing is als...