Many founders mistakenly believe their fundraising experience will mirror that of others based on anecdotal evidence, leading to unrealistic expectations about their own fundraising efforts.

A common misconception among founders is that raising money will magically solve all their problems. They may believe that their investors will save them from failure, which leads to a lack of critical thinking and preparation for ongoing challenges.

People often only hear about successful fundraisers, which creates a false impression that everyone is raising money easily, while unsuccessful attempts go unnoticed.

Founders often psych themselves out by worrying about competitors, especially when they see a competitor raise significant funding, leading them to feel like they are failing.

Many founders mistakenly believe that fundraising is about more than just raising money to build a successful company, which can lead to misalignment with investor expectations.

The fundraising landscape is not a uniform market; it's influenced by various factors, and many founders fail to recognize that their situation may differ significantly from others.

Many founders extend their magical thinking to believe that funding comes from luck rather than understanding how the world truly works. They often think that if others got funded through luck, they can too, without studying the actual processes involved.

It's challenging for founders to return to reality after being immersed in a dream of success, especially when the market changes unexpectedly. Founders must confront hard truths about their startup's reality instead of living in denial about their potential success.

Fundraising is a significant challenge for founders, and it's crucial to share experiences and insights about it.