good morning believe nation today’s message is have an impact over to you
message is have an impact over to you
message is have an impact over to you Chris Sacca
too many investors invest in the things
too many investors invest in the things that they just like and are comfortable
that they just like and are comfortable
that they just like and are comfortable with and are within their own little
with and are within their own little
with and are within their own little bubble and yet I think the distinction
bubble and yet I think the distinction
bubble and yet I think the distinction we like to make is invest in things that
we like to make is invest in things that
we like to make is invest in things that we know we can personally impact the
we know we can personally impact the
we know we can personally impact the outcome up so I everyone could be
outcome up so I everyone could be
outcome up so I everyone could be talking about the hot biotech deal and
talking about the hot biotech deal and
talking about the hot biotech deal and it might be on the verge of AB curing
it might be on the verge of AB curing
it might be on the verge of AB curing cancer but I cannot do anything to
cancer but I cannot do anything to
cancer but I cannot do anything to advance the mission of a biotech company
advance the mission of a biotech company
advance the mission of a biotech company quite literally and so we pass as cool
quite literally and so we pass as cool
quite literally and so we pass as cool as it may seem if I’m going to mooch I
as it may seem if I’m going to mooch I
as it may seem if I’m going to mooch I may as well mooch in the public markets
may as well mooch in the public markets
may as well mooch in the public markets right and just throw darts and ride the
right and just throw darts and ride the
right and just throw darts and ride the greens in red so if I believe that I can
greens in red so if I believe that I can
greens in red so if I believe that I can take something that’s already a good
take something that’s already a good
take something that’s already a good company and just make it a little more
company and just make it a little more
company and just make it a little more likely to be a success then that’s a
likely to be a success then that’s a
likely to be a success then that’s a rigged game for me it almost feels
rigged game for me it almost feels
rigged game for me it almost feels unfair right and I can just be that much
unfair right and I can just be that much
unfair right and I can just be that much more confident that the investors who
more confident that the investors who
more confident that the investors who give me their money I’m gonna give them
give me their money I’m gonna give them
give me their money I’m gonna give them their money back and a lot more after
their money back and a lot more after
their money back and a lot more after that so as an investor myself is
that so as an investor myself is
that so as an investor myself is something that I look at I want to make
something that I look at I want to make
something that I look at I want to make sure that I’m invested into business is
sure that I’m invested into business is
sure that I’m invested into business is that I believe in that i can add
that I believe in that i can add
that I believe in that i can add something to that i can inject some
something to that i can inject some
something to that i can inject some creativity and leverage what I’ve done
creativity and leverage what I’ve done
creativity and leverage what I’ve done with my audience in youtube and my
with my audience in youtube and my
with my audience in youtube and my website and not just invest in somebody
website and not just invest in somebody
website and not just invest in somebody because their thing looks cool but I
because their thing looks cool but I
because their thing looks cool but I think the more valuable message to you
think the more valuable message to you
think the more valuable message to you guys were probably more in the
guys were probably more in the
guys were probably more in the entrepreneurial side than the investor
entrepreneurial side than the investor
entrepreneurial side than the investor side is you need to apply that same kind
side is you need to apply that same kind
side is you need to apply that same kind of thinking when you’re looking for
of thinking when you’re looking for
of thinking when you’re looking for investors so when you are going out
investors so when you are going out
investors so when you are going out looking for somebody to give you money
looking for somebody to give you money
looking for somebody to give you money to launch your business expand your
to launch your business expand your
to launch your business expand your business especially when you’re dealing
business especially when you’re dealing
business especially when you’re dealing with angel investors or venture
with angel investors or venture
with angel investors or venture capitalists you want the people who can
capitalists you want the people who can
capitalists you want the people who can give you more than just money it may be
give you more than just money it may be
give you more than just money it may be great to think about your Uncle Joe or
great to think about your Uncle Joe or
great to think about your Uncle Joe or aunt Jill or whoever it is you know the
aunt Jill or whoever it is you know the
aunt Jill or whoever it is you know the dentist down the street or the doctor
dentist down the street or the doctor
dentist down the street or the doctor that you know where that lawyer friend
that you know where that lawyer friend
that you know where that lawyer friend of yours to give you money but you don’t
of yours to give you money but you don’t
of yours to give you money but you don’t want what’s called dumb money you don’t
want what’s called dumb money you don’t
want what’s called dumb money you don’t want people to just give you money and
want people to just give you money and
want people to just give you money and that’s it because your biggest need is
that’s it because your biggest need is
that’s it because your biggest need is not just money you want somebody who
not just money you want somebody who
not just money you want somebody who cares about your business who doesn’t
cares about your business who doesn’t
cares about your business who doesn’t see it only as an investment who cares
see it only as an investment who cares
see it only as an investment who cares about the mission that you’re on and
about the mission that you’re on and
about the mission that you’re on and that can open doors for you that can
that can open doors for you that can
that can open doors for you that can give guidance to you right you want
give guidance to you right you want
give guidance to you right you want somebody who can ask questions too and
somebody who can ask questions too and
somebody who can ask questions too and they can give you some mentorship you
they can give you some mentorship you
they can give you some mentorship you want somebody who’s going to open up
want somebody who’s going to open up
want somebody who’s going to open up their rolodex of contacts
their rolodex of contacts
their rolodex of contacts and make introductions for you to help
and make introductions for you to help
and make introductions for you to help you close new deals to help you get more
you close new deals to help you get more
you close new deals to help you get more media to help you get new suppliers and
media to help you get new suppliers and
media to help you get new suppliers and get more customers on board and so it
get more customers on board and so it
get more customers on board and so it highly highly highly encourage you
highly highly highly encourage you
highly highly highly encourage you anybody was out there trying to raise
anybody was out there trying to raise
anybody was out there trying to raise money for their business don’t bring on
money for their business don’t bring on
money for their business don’t bring on any investor just because you need money
any investor just because you need money
any investor just because you need money you have to get the right investor on
you have to get the right investor on
you have to get the right investor on board and that’s hard to do because when
board and that’s hard to do because when
board and that’s hard to do because when you’re struggling when you really need
you’re struggling when you really need
you’re struggling when you really need that cash and it’s really hurting your
that cash and it’s really hurting your
that cash and it’s really hurting your growth the tendency is I’ll take anybody
growth the tendency is I’ll take anybody
growth the tendency is I’ll take anybody because I want to ramp up my growth but
because I want to ramp up my growth but
because I want to ramp up my growth but you’re making a long-term decision based
you’re making a long-term decision based
you’re making a long-term decision based on short-term needs and the last thing
on short-term needs and the last thing
on short-term needs and the last thing you want to do is get stuck with an
you want to do is get stuck with an
you want to do is get stuck with an investor who isn’t going to be a fit for
investor who isn’t going to be a fit for
investor who isn’t going to be a fit for you long-term right they’re gonna always
you long-term right they’re gonna always
you long-term right they’re gonna always own a piece of your company and the more
own a piece of your company and the more
own a piece of your company and the more and more people that owned a chunk of
and more people that owned a chunk of
and more people that owned a chunk of your business that don’t actually
your business that don’t actually
your business that don’t actually contribute anything besides money to you
contribute anything besides money to you
contribute anything besides money to you you don’t want those guys on your
you don’t want those guys on your
you don’t want those guys on your company at all so the question of a
company at all so the question of a
company at all so the question of a today is we haven’t talked a lot about
today is we haven’t talked a lot about
today is we haven’t talked a lot about investing investments getting investors
investing investments getting investors
investing investments getting investors into your company I’m curious for you
into your company I’m curious for you
into your company I’m curious for you guys are you looking at angel
guys are you looking at angel
guys are you looking at angel investments have you already gone down
investments have you already gone down
investments have you already gone down that route or not where are you on your
that route or not where are you on your
that route or not where are you on your path you’re going to self-fund it you’re
path you’re going to self-fund it you’re
path you’re going to self-fund it you’re trying to get investment to try to get
trying to get investment to try to get
trying to get investment to try to get loans we’re on your path of raising
loans we’re on your path of raising
loans we’re on your path of raising capital cheers to find out leave it in
capital cheers to find out leave it in
capital cheers to find out leave it in the comments below I also want to give a
the comments below I also want to give a
the comments below I also want to give a quick shadow to end you beer camp Andrew
quick shadow to end you beer camp Andrew
quick shadow to end you beer camp Andrew thank you so much for picking up a cup
thank you so much for picking up a cup
thank you so much for picking up a cup of my book your one word it really
of my book your one word it really
of my book your one word it really really really really means a lot to me
really really really means a lot to me
really really really means a lot to me and I hope you enjoy it so thank you
and I hope you enjoy it so thank you
and I hope you enjoy it so thank you guys again for watching I hope you have
guys again for watching I hope you have
guys again for watching I hope you have an amazing day I believe in you and hope
an amazing day I believe in you and hope
an amazing day I believe in you and hope you continue to believe in yourself and
you continue to believe in yourself and
you continue to believe in yourself and whatever your one word is much love and
whatever your one word is much love and
whatever your one word is much love and I’ll see you again tomorrow morning for
I’ll see you again tomorrow morning for
I’ll see you again tomorrow morning for another shot events vesa
”
Be First to Comment