A few weeks ago I came across the concept of Crowd source.

You can read more about it here : http://www.cambrianhouse.com

I suggest you have a read through their site because that is pretty cool.  They are currently in beta but are really friendly and helpful and welcome all new members.

I already know where I’ll be getting “hobby” projects from because there are some interesting idea’s on that site.

Today I had a browse through their blog and found a post where the founder of cambrianhouse explains how he raised 2.5 million USD and more importantly he shares his tips in depth:

            **Tip 1: Sincerely believe.  

Tip 2: Screw the business plan. Tell them your story.
Tip 3: Sh#t confidence.
Tip 4: Pretend you already have the money.
Tip 5: Don’t marry every woman you date.
Tip 6: Prime the pump.**

You can read more about it here : http://www.cambrianhouse.com/blog/startups-entrepreneurship/raising-capital-six-tips-on-eating-fear/