CANBERRA — BagoSphere's success story provides an important lesson for other startups with innovative ideas to support developing countries. And lessons from their success is something BagoSphere Chief Executive Officer Zhihan Lee, is happy to share.
He discusses with Devex his top lessons in engaging with funders for increased chances of success.
For Lee, whose organization connects large companies with disadvantaged youth — giving them experiential training and promising job opportunities, fundraising is all about people, and he believes that genuine relationships have to be fostered before approaching the money issue. Building strong and long-term relationships based on shared goals are important.