How to launch a family startup and land investment with Gabriel Halimi
Entrepreneurs on Fire
John Lee Dumas
4.8 • 4.1K Ratings
🗓️ 22 October 2018
⏱️ 41 minutes
🧾️ Download transcript
Summary
Now the CEO and Co-Founder of Flo Technologies, Gabriel began his career as an attorney working in the plumbing industry. During this time, he dealt with product liability claims for allegedly failed plumbing products - a crucial career step that led him to Flo.
Top 3 Value Bombs:
1. Your slice of the pie may not be as big when you go partner with venture capital, but you've got a whole group of very talented, passionate people that are now on your side that can help you open doors and help grow the right team.
2. People who invest in your company are not investing so you can pay yourself a 7-figure salary. People invest in your company to make sure it grows the right way, invests its money the right way, pays its people the right dollar amount... and a glorious salary won’t be one of those things.
3. All cash is not equal. You have to find the right investors who share in your vision. You want to celebrate with them when things are great; and when you fall on tough times, you all have to stay aligned and be able to have those tough conversations when they come up.
Visit Flo Technologies website to learn more - Flo Technologies
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Transcript
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| 0:00.0 | What's Shakenfire Nation, JLD here with an audio masterclass that's going to be very |
| 0:09.1 | enjoyable to listen to because it's all about how to launch a family startup in land investment, |
| 0:16.3 | which means getting an injection of venture capital. |
| 0:19.8 | I mean, I learned so much about venture capital during this episode and I hope you do as |
| 0:24.3 | well. |
| 0:25.3 | I brought on the founder of Flow Technologies, Gabriel, who began his career as an attorney |
| 0:32.0 | working in the plumbing industry and during this time he dealt with product liability claims |
| 0:36.4 | for a allegedly failed plumbing products, a crucial career step that led him to flow. |
| 0:42.5 | This company is fascinating how he got to the idea with his father is absolutely outstanding |
| 0:48.4 | as well. |
| 0:49.4 | And we're going to be talking about how to know if you're ready to fundraise for your family |
| 0:53.3 | startup and one's a good time to actually seek venture capital. |
| 0:56.9 | We're going to be talking about considerations for that venture capital about the investment |
| 1:00.7 | size, the experience, things to avoid, how to design your pitch, what happens after |
| 1:06.3 | you raise money and so much more. |
| 1:09.3 | So don't go anywhere. |
| 1:10.3 | We'll be right back after we thank our sponsor. |
| 1:13.8 | If you're looking to hire, then I've got great news. |
| 1:16.2 | Zip Recruiter doesn't wait for quality candidates to find you. |
| 1:19.4 | It finds them for you. |
| 1:21.0 | Zip Recruiter's powerful technology scans thousands of resumes to identify people with |
| 1:24.7 | the right skills and experience and then actively invite them to apply to your job. |
... |
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