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Thrivetime Show | Business School without the BS

Business | How to Raise Money to Start or Grow Your Small Business | The BunkieLife.com Success Story | The Bolt On Bedroom Boss Joins Us to Share How to Raise Money to Start Your Small Business

Thrivetime Show | Business School without the BS

Clay Clark

Business, Entrepreneurship

4.71.5K Ratings

🗓️ 6 April 2023

⏱️ 112 minutes

🧾️ Download transcript

Summary

Transcript

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0:00.0

Yeah, I know that the credit cards are maxed, yeah, no, I'm not gonna ask your dad for money again, okay?

0:05.7

Listen, I know this is gonna work. I got a good feeling about this one. All right? Okay, I gotta go.

0:11.6

Jim, hey, hey, hey, hey, Bob. Okay, nice to meet you, Bob. Hey, we're here to get you some capital for your business today.

0:20.0

Figure of cross-bob, my fat. Well, let's just dive in. Sure, and we'll unpack it. Tell me about your business.

0:25.9

Yeah, you know, Bob, I just feel like I'm really sitting on a powder keg right now. And this industry is about to blow.

0:31.4

All we have to do is like the match. You want to light it with me, Bob?

0:36.8

Well, let's see. Sure. What is this business? Yeah, it's the party business, but more specifically, it's the pet party business.

0:44.6

Like for animals? Yeah, dogs, cats, fish, we've done a couple ducks. So you throw parties for pets.

0:52.2

Birthday parties, weddings, graduations, anniversaries, office parties, problems, we do it all. Okay. Okay. So, so what can we do for you?

0:59.4

Really, Bob? We're a young company, but I'm just my phone's blowing up. And I probably get a call about once a month,

1:04.0

and I can only see that doubling in the future. So I need a massive building that I can call my call centers.

1:09.5

That's what the capital is for. Right. Let me tell you this is that there are 180 million pets in America, and all they want to do is party.

1:17.6

That's it. Who are we to stop and, Bob? One call center away. Okay. Have a few standard questions for you. Bring them on.

1:25.2

There you go. Okay. What are your net earnings?

1:30.8

Netted. You know, they're very netted. I netted myself. So it's all good.

1:37.0

What I mean is how are your profits? Oh, yeah. Yeah, we're rebounding rebounding. So you're losing money. Oh, yeah. Oh, yeah.

1:45.0

But you know, I say it's addition by subtraction. Jim, do you have any real figures that you can show me?

1:53.4

I do. Figure this, Bob. I'm not trying to sell a product here. Okay. What I'm trying to sell is the American dream.

2:02.6

You can't put a price on that. Do you have a cost analysis, balance sheet, P&L? I don't know if that is.

2:11.0

Do you have anything you can show me today? I can do attitude. And it's right here. You're looking at it.

2:16.6

We feel a little more than that, Jim. Okay. Diamond. I thought this might happen. So what I did is I brought a satisfied customer.

2:25.5

Say hello to Pebbles. Hey, Bob. Give this guy all the capital he needs. What are you doing? Oh, come on, Bob. This business is perfect.

...

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