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How To Raise Money For Anything

Back in 2021, I saw a course that I really, really wanted to sign up for. It wasn’t expensive and I had to pay for it within a month, but unfortunately, I didn’t have the money then and I didn’t know how to raise money.

The course was only 50,000, but all the savings I had then was about 10,000.

I couldn’t take a loan from anywhere, especially not all these loan apps because, if you have had experience with one of them, you know what I mean!

And there wasn’t really anybody around me that I could go to meet to lend me 40,000. Not to badmouth them, but the people around me at the time weren’t exactly what you would call rich. Everybody was just struggling.

So, for several days, I was between wishing I could just get the money to sign up for this course, and “knowing” there was nothing I could do to get it.

Or was there?

After a couple more days in which I was miserable (if you have ever been in such a situation, you know what I am talking about), I finally came to my senses, and I saw that the solution was always all around me. I had just been too blind to see it.

This was confirmation bias in action – we see the things we expect to see.

And after coming to this realization, I was able to raise that money within three weeks and get the course.

So, what solution did I see?

Watch out for the answer in the next installment of The Success Letters!

Just kidding! 😉

The solution was in the same people around me.

I had been so focused on the whole that I forgot that it’s the parts that make up the whole.

While many of the people around me couldn’t have afford to lend me 40,000, they could have definitely afforded to give me 3,000.

As soon as I realized this, my mind was truly opened and I began to see possibilities everywhere. Literally.

So, I got to work. I began meeting people around me.

Those same people you have always ‘rolled’ with but don’t think they can help you financially? Most of them can. In small ways.

I met people from my church – the same people I had always thought couldn’t assist me because they were also struggling. The response I got surprised me.

I also met people in my neighborhood. Even people whom I don’t have regular interaction with beyond greeting them whenever we meet.

You’d be surprised by how many people are willing to help you if you would just get off your butt long enough to ask for help.

You could use some variations of this script:

“Good day sir. There’s this course I saw recently, and I know getting it will be a game-changer for me. The course is so-so amount, but I only have so-so amount in savings currently.

“I am hoping you can assist me with any amount so that I can get this course.

“Thank you and God bless you.”

Stop thinking impossibility. Stop thinking people are unable or unwilling to help you. People generally want to feel helpful to other people. Think about how you also like to help people.

So, not only was I able to raise the money to get the course, but I was also able to raise a little bit extra, with which I this nice website for myself.

And what’s more? Of the people I asked for help (about ten), only two of them said they couldn’t afford anything at that time. That’s an 80% response rate. Think about that!

It was after I had met enough people to raise the amount I needed that I began to realize there were even many more people I could still meet to help me.

I could have raised twice that amount, just for the sake of it. And I was almost tempted to. Almost.

But What Next?

So, congratulations! You have been able to get the amount you need for your… whatever. Hurray! Now you can party as you like, right? Wrong!

There’s a proverb that says “someone you help but doesn’t show gratitude is like a thief who stole your goods”.

After you have raised enough money, it is a good idea to show gratitude to the people who assisted you.

A simple thank you note or message could suffice. Or you could go meet them like you did the first time and inform them that you have now gotten the course or whatever.

Conclusion

So, how can you raise money for a business or anything else? The answer sometimes lies in the same people around you. Those same ones you have always thought cannot help you financially.

This is just one way out of many you can raise money for something you want to do. I may write more on this topic in the future.

You just have to get out of your head for long enough to really see all the options that are available to you. They are endless!

Today’s Letter is in answer to a question I was asked after the last Letter, Start Something. Start Now. The question was, “how do I raise money to start a business?”

Samuel is an avid reader and a freelance writer, in that order. He fancies himself funny, but his friends regularly don't laugh at his jokes. I have been a student of personal development for several years, and I created this blog to share my knowledge with others and help them become better versions of themselves.

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