What Investors Are Looking For In New Business Ideas
The Chris Harder Show
Chris Harder
4.9 • 1.5K Ratings
🗓️ 8 August 2022
⏱️ 13 minutes
🧾️ Download transcript
Summary
Have you ever found yourself with a great business idea, but you get stuck thinking about how you're going to get it off the ground, or build the prototype, or hire a team? Well, I have great news for you. There are so many people lined up looking for good businesses to invest in, and you just have to get in front of them.
I break down what Lori and I look for when we're investing in a new business, and why we like to take on strategic investors when we're launching something new. I share the two key questions to ask investors if you want to bring your dream to the market, and address three of the most frequently asked questions that I get around this topic.
IN THIS EPISODE, WE TALK ABOUT:
- Creating a win-win financial exchange with your investors
- Why it's so important to pay yourself a salary, even during the beginning startup stages
- My advice about how much money to raise
- Realizing that taking on investors doesn't mean you're hiring a bunch of bosses
RESOURCES
- Text DAILY to 310-421-0416 to get daily Money Mantras or Business Perspective messages to boost your day.
CONNECT WITH CHRIS
Follow Me: @chriswharder
Visit My Website: https://chrisharder.me
Transcript
Click on a timestamp to play from that location
| 0:00.0 | If you want to take it a step further, |
| 0:01.8 | then you should look for strategic investors. |
| 0:05.2 | A strategic investor is not just someone |
| 0:07.3 | who shows up with money to invest in your business. |
| 0:10.0 | It's somebody who shows up with money, |
| 0:11.5 | but also has something strategic to offer you |
| 0:16.3 | in order to help your business grow faster, further, quicker. |
| 0:24.3 | Welcome everybody to the Chris Harder Show, |
| 0:26.4 | where we are making you unapologetic |
| 0:28.3 | about your pursuit of success. |
| 0:29.8 | Knowing that when good people like you |
| 0:31.4 | make good money, they can then do great things. |
| 0:34.2 | My name is Chris Harder, and several times per week, |
| 0:36.6 | I will bring you epic guests, solo episodes, |
| 0:39.2 | and every single tool, trick, and skills |
| 0:40.8 | that you need to grow your business, |
| 0:42.9 | grow your money mindset, and to grow your wealth |
| 0:45.1 | to levels that you have never reached before. |
| 0:47.5 | I've ended up in a unique place in life |
| 0:49.2 | where I've got the experience, the connections, |
| 0:51.2 | and all of the secrets that it takes to be successful. |
| 0:54.2 | And I'm lifting the curtain to reveal it all to you |
... |
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