Boom. Shake the room, Fire Nation. JLD here and welcome to Entrepreneurs on Fire, brought to you by the HubSpot

Podcast Network with great shows like marketing made simple. Today we're pulling a timeless EO Fire

classic episode from the archives and we'll be breaking down how to raise capital from private investors.

To drop these value bombs, I have brought Richard Wilson into EO Fire Studios.

Richard helps implement discrete full balance sheet family office solutions for a hundred

million dollar plus net worth families through his firm, sent to millionaire advisors, LLC.

He is also the founder of the Family Office Club, the largest membership-based family office association, family offices.com, with over 1,750 registered family office members and 25 live events per year.

And today, Fire Nation, we will be talking about capital raising and how it's a highly valued skill set globally.

We'll talk about how to put yourself in the right community

and how to have the right kind of integrity and so much more when we get back from thanking our

sponsors. Business Made Simple hosted by Donald Miller takes the mystery out of growing your business.

Check out recent episodes like How to Escape a Villain Mindset and the framework that makes marketing easy.

Listen to Business Made Simple wherever you get your podcasts.

Richard, say what's up to Fire Nation and share something interesting about yourself that most people don't know.

Hi, Fire Nation.

One thing most people don't know is that I'm a third generation Eagle Scout, but since I've got three girls ages six and under, there's not going to be a fourth generation coming. Wait a second. Wait a second. They just passed a law that girls could now get in the Boy Scouts. Oh, that's right. But I don't know. I find that kind of strange being a Boy Scout. So, no, I don't think that's happening. I'm not going to support that move. Okay, okay. But it's possible, but I get you. I hear you. It's true. Fire Nation, as you know, I'm fired up because this topic is super cool. It's about raising capital from private investors

so you can really just go big. And we're going to be talking about a lot of awesome stuff.

And Richard is the man to talk about for all the reasons I mentioned in the introduction.

So let's just dive in and break it down for us, Richard. Why is this specialized knowledge of raising capital so valued?

Mostly because the people who are raising capital typically have never done it before,

even though they're seasoned executives. So most people who start an investment firm, a hedge fund,

a private equity fund, or a company that needs to raise capital, whether it's Silicon Valley

...