How to Raise Capital for Your Startup with Bill Glaser

SPI 118 : How to Raise Capital for Your Startup with Bill Glaser
Date: 2014-07-17
Link: Smart Passive Income
 
The more you help people the more you get back in return.
Hope is important because that is how you get people to take action.
When you serve your audience you will get paid back in one way or another.
There is always risks.
If you’re selling a percentage of your business you want to do it in a really fair way that is win-win.
Give your investors the opportunity to have upside.
Give up a percentage you feel comfortable giving up.
Target who the potential investors are.
Start thinking about raising money well before you need to raise money.
Provide value first and then sell.
Advisors can bring a lot of value and they can also become investors.
Start to form relationships with people.
Don’t start a business just because you want to sell it. Start a business because you are passionate about it.