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My First Million

One Question Friday: To Raise or Not To Raise?

My First Million

Hubspot

Entrepreneurship, Investing, Business

4.82.7K Ratings

🗓️ 22 April 2022

⏱️ 12 minutes

🧾️ Download transcript

Summary

Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) answer one listener question. On this episode, Matt from North Carolina asks whether he should raise money to grow his business. To submit your question and hear yourself on My First Million, go to MFMPod.com and click on the circle with the microphone in the lower right hand corner. ----- Links: * Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel. * Want more insights like MFM? Check out Shaan's newsletter.

Transcript

Click on a timestamp to play from that location

0:00.0

All right, QuickBag to tell you about another podcast that we're interested in right now.

0:04.4

Hosepot just launched a Shark Tank rewatch podcast called Another Bite.

0:08.9

Every week, the host relived the latest and greatest pitches from Shark Tank, from Squatty

0:13.1

Potty, to the Mention a Bench, to Ring Doorbell, and they break down why these pitches were

0:18.6

winners or losers, and each company's go-to-market strategy, branding, pricing, valuation, everything.

0:24.2

Basically, all the things you want to know about how to survive the tank and scale your

0:28.4

company on your own.

0:29.6

If you want to give it a listen, you can find another bite on whatever podcast I've

0:32.9

been listening to, like Apple or Spotify, or whatever you're using right now.

0:36.2

All right, back to the show.

0:37.2

Hey guys, producer Ben here.

0:44.3

I wanted to introduce this new Friday episode that we're going to be doing.

0:56.5

You probably remember that on Fridays, we were doing best of the week.

0:59.2

Well, it turned out no one really liked that.

1:01.2

Everyone thought it was filler.

1:02.1

Everyone thought it was fluff.

1:03.1

We're cutting out the best of the week Friday episodes.

1:05.1

We still wanted to do something for Fridays that was short, sweet, that you're going for

1:08.6

the weekend.

1:10.1

What we're doing is called one question Friday.

1:12.3

You can submit a question and the fellas will answer it.

1:15.0

For this first question, it was about a guy's business and whether he should raise money,

...

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