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The Fund Midwest: Our New Process
Breaking news! There's always more than one way of doing a thing!
Yep, the team over at The Fund Midwest is still cranking away, making investments through the end of the year.
As we approached the end of our first full year working as a team of General Partners, we decided it was time to revisit our flow. Because you know me, I love good flow!
🏆 Our goal: Create more transparency around our requirements, process, & timeline.
First, we decided to create a page that provides founders with more details on The Fund Midwest.
And yes, I used Notion to create it.
Second, we included a form that EVERYONE has to fill out to be considered for funding. It’s embedded in the Notion page.
Collecting everything through five different people / email addresses just wasn’t working. This will solve that problem.
Third, we’re switching up the cadence in which we make investments.
We used to vote weekly. Now, we’ll be voting monthly. Since this is a big change, we created a calendar to share all of the important dates associated with our fundraising cadence. Application deadlines, interview weeks, pitch days, and due diligence time.
If something doesn’t feel like it’s working for you and your team, take the time to talk through it and brainstorm ways to make life easier for everyone.
There are always solutions.
Until next time,
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