Raising Capital Efficiently Using VAs with Dr. Alex Tam

The Source of Commercial Real Estate

Jonathan talks with Dr. Alex Tam, who runs multiple successful businesses. Jonathan and Alex discuss his strategy for raising capital from medical professionals and how he uses 12 VAs to help his multiple businesses thrive.
Connect with Dr. Alex:
https://www.linkedin.com/in/dralextam/
Takeaways

• Targeting healthcare professionals as limited partners can be an effective strategy, as they often have expendable income and can relate to the speaker's background.
• Building relationships through mastermind groups and doctor networking groups can lead to valuable partnerships and connections.
• When using virtual assistants, it is important to clearly define tasks and invest time in training them to meet expectations.
• Finding the right virtual assistant can be challenging, but working with a reputable agency or developing a thorough vetting process can help ensure a good match.
• Mindset is crucial in business and real estate success, and resources like Ed Mylet's podcast can provide valuable insights and inspiration.

Chapters

00:00
Introduction

00:29
Background and Work in Real Estate

01:32
Capital Raising Strategy

03:09
Targeting Limited Partners

04:50
Building Relationships through Masterminds

06:23
Finding Limited Partners in Doctor Networking Groups

08:14
Hesitations of Medical Professionals in Investing

09:53
Qualities of Great Operators

11:44
Using Virtual Assistants in Business

13:31
Getting Started with Virtual Assistants

16:53
Finding Virtual Assistants

20:21
Reasons for Failed VA Relationships

23:00
10Xing the Medical Business

23:47
Best Deal and Worst Deal

25:29
Tips for Finding Deals

26:38
Tips for Raising Capital

27:16
Recommended Resource

27:59
Contact Information

28:31
Conclusion

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