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#023 - Walk & Talk: Raising Your Own Start Up Captial

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Manage episode 327353919 series 3139637
Content provided by The Part-Time Entrepreneurs Pl. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Part-Time Entrepreneurs Pl or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Raising Your Own Start Up Captial When I started out on my journey to financial freedom, I made the assumption that at some point I would beee to raise funding through an investor or venture capitalist. What I’ve learned in the past few years, is that this really isn’t the case, and giving away a percentage of a company I’ve built, would ultimately always been an unbalanced deal as in the years to come, the amount anyone would be willing to invest in a start up, would never be enough for me to want to give away 10%, 15%, 20% or however much it would take to get the funds I would need. The “start up” was always a property company, whether that’s buying and selling or buying and renting. When I was learning about how to grow a property company, everyone was telling me to borrow money from investors, but now I’ve realised I believe it’s possible to grow your own. It was this epiphany that started the process for me to create my 4 pillars strategy, as I realised that the goal was to pay off all debt, and have a mix of passive income from property, and an investment pot that continues to grow with compounding. But I had to reverse engineer this to then figure out how to get those two pots. So they became pillars 3 and 4, so I needed 1 and 2 to create 3 and 4. And to create 3 and 4 without having to borrow any more money or sell a part of my company. What do you think? Let me know by sending me a message on Instagram or joining the Facebook community using the links below Resources: The Part Time Entrepreneur Community Facebook Group: https://m.facebook.com/groups/775343399467525?ref=share Follow me on Instagram: Instagram.com/thesamnorris Follow me on Twitter: Twitter.com/thesamnorris Take the 30 day, one page website, business start up challenge: www.onefunnelmission.com
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32 episodes

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Manage episode 327353919 series 3139637
Content provided by The Part-Time Entrepreneurs Pl. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Part-Time Entrepreneurs Pl or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Raising Your Own Start Up Captial When I started out on my journey to financial freedom, I made the assumption that at some point I would beee to raise funding through an investor or venture capitalist. What I’ve learned in the past few years, is that this really isn’t the case, and giving away a percentage of a company I’ve built, would ultimately always been an unbalanced deal as in the years to come, the amount anyone would be willing to invest in a start up, would never be enough for me to want to give away 10%, 15%, 20% or however much it would take to get the funds I would need. The “start up” was always a property company, whether that’s buying and selling or buying and renting. When I was learning about how to grow a property company, everyone was telling me to borrow money from investors, but now I’ve realised I believe it’s possible to grow your own. It was this epiphany that started the process for me to create my 4 pillars strategy, as I realised that the goal was to pay off all debt, and have a mix of passive income from property, and an investment pot that continues to grow with compounding. But I had to reverse engineer this to then figure out how to get those two pots. So they became pillars 3 and 4, so I needed 1 and 2 to create 3 and 4. And to create 3 and 4 without having to borrow any more money or sell a part of my company. What do you think? Let me know by sending me a message on Instagram or joining the Facebook community using the links below Resources: The Part Time Entrepreneur Community Facebook Group: https://m.facebook.com/groups/775343399467525?ref=share Follow me on Instagram: Instagram.com/thesamnorris Follow me on Twitter: Twitter.com/thesamnorris Take the 30 day, one page website, business start up challenge: www.onefunnelmission.com
  continue reading

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