The Top 8 Mistakes People Make When Asking for Money
The Property Nomads Podcast · Rob Smallbone & Aaron Devoy
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Show Notes
In this episode, Rob talks about securing cash to grow your business. He shares some of the mistakes he and Aaron have made when raising finance. Rob explains how you can avoid doing the same as well as providing some additional advice to enhance your negotiation skills.
KEY TAKEAWAYS
- Try to raise finance well in advance. You don´t want to put yourself under unnecessary pressure.
- Stay connected. Share what you are working on with your network. Including what you are researching.
- Always have an example you can show potential investors.
- Demonstrate that you have done your homework.
- Create an engaging and interesting pitch.
- People will only invest if they like you.
- Aim to have investors on tap. Keep people coming back.
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BEST MOMENTS
‘Don´t speak to people if you’ve just got a fancy and fluffy idea in your head.’
‘Don´t put all of your eggs in one basket.’
‘Don´t raise too much or too little.’
ABOUT THE HOST
Rob Smallbone the host of The Property Nomads Podcast, is on a global mission to guide your success. Success can happen in many ways, shapes, and forms. Think about what success means to you. More properties? More clients? Financial freedom? Time freedom?
Rob wants to make a huge difference to people around the world. He is here to guide your success in property, business, and life and to inspire you to achieve your goals, dreams, and visions. He's travelled, explored, and invested. And he's not planning on stopping these activities anytime soon.
Buckle up, sit tight, and enjoy the ride that is life.
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