Latest / Go Big with Gib Podcast / Ep 95. Raising Big Money the Smart Way
Transcript
- 0:00SPEAKER_00: Welcome to the Go Big With Gibb Podcast, where we talk to professionals, business owners, and entrepreneurs about their big wins.
- 0:10SPEAKER_00: Welcome back to Go Big With Gibb.
- 0:12SPEAKER_00: I'm your host, Gib Irons, attorney, entrepreneur, and real estate investor.
- 0:16SPEAKER_00: This show is all about how you build health, wealth, and the mindset to live big.
- 0:21SPEAKER_00: Today we're diving into one of my favorite topics, raising capital.
- 0:24SPEAKER_00: And here's a truth I've learned after years in business and real estate.
- 0:28SPEAKER_00: It's actually easier to raise big money from big check writers than it is to raise small money from small check writers.
- 0:35SPEAKER_00: That might sound counterintuitive, but hear me out.
- 0:39SPEAKER_00: When you're new to raising capital, you often start by chasing$50,000 checks.
- 0:45SPEAKER_00: You're pitching friends, family, and small investors who are nervous and skeptical.
- 0:50SPEAKER_00: They need constant reassurance and they don't often fully understand the investment.
- 0:55SPEAKER_00: But when you start talking with experienced investors, people who write six or seven figure checks, everything changes.
- 1:03SPEAKER_00: The conversation becomes more strategic, more efficient, and more professional.
- 1:07SPEAKER_00: Big check writers are not just betting on you.
- 1:11SPEAKER_00: They're analyzing the opportunity.
- 1:13SPEAKER_00: They know what questions to ask, they understand the risk, and most importantly, they know how to make big decisions.
- 1:20SPEAKER_00: Let me walk you through how the savvy investor approaches the process.
- 1:24SPEAKER_00: Step one, due diligence.
- 1:27SPEAKER_00: Big investors dive deep into the fundamentals, the market, the business plan, the debt terms, the track record.
- 1:35SPEAKER_00: They're not afraid of complexity.
- 1:37SPEAKER_00: They want transparency.
- 1:39SPEAKER_00: If you're professional, organized, and responsive, you build trust quickly.
- 1:44SPEAKER_00: And once that trust is there, the size of the check usually matches the level of confidence.
- 1:50SPEAKER_00: Step two, funding.
- 1:52SPEAKER_00: Once they've made a decision, big investors act decisively.
- 1:55SPEAKER_00: They wire the funds on time.
- 1:57SPEAKER_00: They don't nitpick over the details or shift terms at the last minute.
- 2:02SPEAKER_00: They respect your time because they expect you to respect theirs.
- 2:06SPEAKER_00: Step three, the hold period.
- 2:08SPEAKER_00: Here's where you really see the difference.
- 2:11SPEAKER_00: Small investors often require hand holding.
- 2:13SPEAKER_00: They check in frequently, ask about every update, and can be emotionally tied to short-term results.
- 2:20SPEAKER_00: Larger investors, on the other hand, understand that value creation takes time.
- 2:25SPEAKER_00: They want clarity, consistency, and performance, not just constant attention.
- 2:30SPEAKER_00: They judge success by your execution, not your ability to soothe anxiety.
- 2:35SPEAKER_00: So if you're raising capital right now, here's the takeaway.
- 2:38SPEAKER_00: It's not about chasing more investors, it's about attracting the right investors.
- 2:43SPEAKER_00: When you show up prepared with clean financials, clear communication, and a professional offering, you'll find that the big check writers respect that and they'll invest accordingly.
- 2:53SPEAKER_00: But because here's what they're really investing in competency, consistency, and character.
- 2:59SPEAKER_00: That's what separates the amateurs from the professionals in this business.
- 3:03SPEAKER_00: Now, don't get me wrong, there's nothing wrong with small investors.
- 3:06SPEAKER_00: We all start there.
- 3:08SPEAKER_00: But as you grow, your time becomes your most valuable asset.
- 3:12SPEAKER_00: And working with sophisticated investors creates more leverage, less friction, and greater scalability.
- 3:18SPEAKER_00: So focus your energy where it counts.
- 3:20SPEAKER_00: Refine your pitch, tighten your operations, and position yourself to play in bigger arenas.
- 3:26SPEAKER_00: Because remember, it's not harder to raise a million dollars than it is to raise a hundred thousand.
- 3:31SPEAKER_00: It's just different.
- 3:32SPEAKER_00: Thanks for tuning in to Go Big with Gib.
- 3:34SPEAKER_00: If you found value today, share this episode with someone who's out there raising capital, building their business, or learning to think bigger.
- 3:43SPEAKER_00: Once you start thinking like a big investor, you'll start attracting big investors.
- 3:47SPEAKER_00: Keep going, keep growing, and as always, go big.