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Raising Money – What do you need to raise money for?


what do you need to raise money for

what do you need to raise money for you’ve got to know what you need to

you’ve got to know what you need to

you’ve got to know what you need to raise the money for if you’re going

raise the money for if you’re going

raise the money for if you’re going after investment capital and it has to

after investment capital and it has to

after investment capital and it has to make sense for your business I got an

make sense for your business I got an

make sense for your business I got an email from a YouTube viewer says he

email from a YouTube viewer says he

email from a YouTube viewer says he needs money to launch his appt company

needs money to launch his appt company

needs money to launch his appt company and the money is going to be used for

and the money is going to be used for

and the money is going to be used for hiring a professional app developer any

hiring a professional app developer any

hiring a professional app developer any one of my suggestions so this is from

one of my suggestions so this is from

one of my suggestions so this is from Orestes d92 here’s the problem if you

Orestes d92 here’s the problem if you

Orestes d92 here’s the problem if you are an appt company if you’re a

are an appt company if you’re a

are an appt company if you’re a technology company you’re making apps

technology company you’re making apps

technology company you’re making apps you need to have somebody on board who

you need to have somebody on board who

you need to have somebody on board who knows apps it’s really hard to go out to

knows apps it’s really hard to go out to

knows apps it’s really hard to go out to raise capital for a company that wants

raise capital for a company that wants

raise capital for a company that wants to make apps but doesn’t have anybody

to make apps but doesn’t have anybody

to make apps but doesn’t have anybody who knows how to make apps on board does

who knows how to make apps on board does

who knows how to make apps on board does that make sense if I was an investor if

that make sense if I was an investor if

that make sense if I was an investor if i’m going to give you money I want to

i’m going to give you money I want to

i’m going to give you money I want to see that you have this person already on

see that you have this person already on

see that you have this person already on board on your team nothing you need to

board on your team nothing you need to

board on your team nothing you need to go hire somebody this is a huge deal

go hire somebody this is a huge deal

go hire somebody this is a huge deal this isn’t sales and marketing this is

this isn’t sales and marketing this is

this isn’t sales and marketing this is creating your product you need to have

creating your product you need to have

creating your product you need to have these skills already on board on your

these skills already on board on your

these skills already on board on your team or people aren’t going to give you

team or people aren’t going to give you

team or people aren’t going to give you the money to grow it so I see two

the money to grow it so I see two

the money to grow it so I see two options for you here okay number one

options for you here okay number one

options for you here okay number one partner up with an app developer if you

partner up with an app developer if you

partner up with an app developer if you have great visions for you where you

have great visions for you where you

have great visions for you where you want to take the apps you have some

want to take the apps you have some

want to take the apps you have some great mission that you want to solve a

great mission that you want to solve a

great mission that you want to solve a huge challenge that you’re trying to

huge challenge that you’re trying to

huge challenge that you’re trying to help people overcome and you’re going to

help people overcome and you’re going to

help people overcome and you’re going to solve it through apps partner up with

solve it through apps partner up with

solve it through apps partner up with somebody who has had success and knows

somebody who has had success and knows

somebody who has had success and knows the app market I need somebody who can

the app market I need somebody who can

the app market I need somebody who can do the CEO job who can do the sales and

do the CEO job who can do the sales and

do the CEO job who can do the sales and marketing you have to bring something to

marketing you have to bring something to

marketing you have to bring something to the table for your company what is it

the table for your company what is it

the table for your company what is it it’s not going to be the technical skill

it’s not going to be the technical skill

it’s not going to be the technical skill so find somebody to partner up with who

so find somebody to partner up with who

so find somebody to partner up with who has the same belief and same believes in

has the same belief and same believes in

has the same belief and same believes in the same mission that you’re all about

the same mission that you’re all about

the same mission that you’re all about and bring them on board then go get

and bring them on board then go get

and bring them on board then go get capital because it’s really hard for

capital because it’s really hard for

capital because it’s really hard for investor to put money into a company

investor to put money into a company

investor to put money into a company where you don’t have the core

where you don’t have the core

where you don’t have the core competencies already there the second

competencies already there the second

competencies already there the second option is to start a lot smaller just

option is to start a lot smaller just

option is to start a lot smaller just get a little bit of money and in hire an

get a little bit of money and in hire an

get a little bit of money and in hire an app developer part-time on the side just

app developer part-time on the side just

app developer part-time on the side just to get a product up with the longer-term

to get a product up with the longer-term

to get a product up with the longer-term goal to bring on a full-time app

goal to bring on a full-time app

goal to bring on a full-time app developer but you need

developer but you need

developer but you need somebody technical guiding the product

somebody technical guiding the product

somebody technical guiding the product right as a VC I would never invest in a

right as a VC I would never invest in a

right as a VC I would never invest in a company who didn’t have their own CTO

company who didn’t have their own CTO

company who didn’t have their own CTO right if you’re a technology company you

right if you’re a technology company you

right if you’re a technology company you need an awesome technology engineer

need an awesome technology engineer

need an awesome technology engineer guiding the product and the vision you

guiding the product and the vision you

guiding the product and the vision you need them on board already it’s okay to

need them on board already it’s okay to

need them on board already it’s okay to have somebody come on and do the sales

have somebody come on and do the sales

have somebody come on and do the sales and marketing you can hire for that but

and marketing you can hire for that but

and marketing you can hire for that but it’s hard to have somebody come on board

it’s hard to have somebody come on board

it’s hard to have somebody come on board to be your CTO that’s a hard person to

to be your CTO that’s a hard person to

to be your CTO that’s a hard person to find the higher and if you are

find the higher and if you are

find the higher and if you are technology company without a technology

technology company without a technology

technology company without a technology person you don’t have much to go with so

person you don’t have much to go with so

person you don’t have much to go with so I really try to do my homework and try

I really try to do my homework and try

I really try to do my homework and try to find somebody who could partner up

to find somebody who could partner up

to find somebody who could partner up with because that’s going to be your

with because that’s going to be your

with because that’s going to be your longer-term strategy for success is how

longer-term strategy for success is how

longer-term strategy for success is how many somebody who’s invested in the

many somebody who’s invested in the

many somebody who’s invested in the business who wasn’t just an employee who

business who wasn’t just an employee who

business who wasn’t just an employee who this business means something to them

this business means something to them

this business means something to them they’re going to put everything they’ve

they’re going to put everything they’ve

they’re going to put everything they’ve got into it because they have an equity

got into it because they have an equity

got into it because they have an equity stake in the company and then from there

stake in the company and then from there

stake in the company and then from there you can raise money to help expand the

you can raise money to help expand the

you can raise money to help expand the business you have a working product now

business you have a working product now

business you have a working product now you need the golden sales and marketing

you need the golden sales and marketing

you need the golden sales and marketing it that’s a lot easier to raise so good

it that’s a lot easier to raise so good

it that’s a lot easier to raise so good luck believe I know it’s hard and and

luck believe I know it’s hard and and

luck believe I know it’s hard and and really spend your time finding the right

really spend your time finding the right

really spend your time finding the right person don’t just jump into something

person don’t just jump into something

person don’t just jump into something because you think it’s a good idea it’s

because you think it’s a good idea it’s

because you think it’s a good idea it’s got a fit the person has to fit with

got a fit the person has to fit with

got a fit the person has to fit with their skills and also their belief and

their skills and also their belief and

their skills and also their belief and their motivation for starting the

their motivation for starting the

their motivation for starting the businesses for the right reasons believe

businesses for the right reasons believe

businesses for the right reasons believe for those are watching like the video

for those are watching like the video

for those are watching like the video please give it a thumbs up below let me

please give it a thumbs up below let me

please give it a thumbs up below let me know what you think leave a comment

know what you think leave a comment

know what you think leave a comment underneath it makes you want to do more

underneath it makes you want to do more

underneath it makes you want to do more videos for you thank you so much and

videos for you thank you so much and

videos for you thank you so much and I’ll see you soon

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