ALL ABOUT ME
Karl Dakin
I help you overcome challenges to raising capital. Take advantage of my Motivated Money Method to identify those investor candidates that are most likely to invest. Top expert in fundraising.
QUICK CALENDAR
TOMORROW, WEDNESDAY, NOVEMBER 20, Belize Real Estate and Life Styles show, 8 am Mountain Time / 10 Eastern Time
TOMORROW, WEDNESDAY, NOVEMBER 20, Don Cohen show, 9 am Mountain Time / 10 Eastern Time
THURSDAY, NOVEMBER 21, Community Revitalization show, 8 am Mountain Time / 10 Eastern Time
ASK CAP
?CAP, my artificial intelligence (AI) avatar is available on my website 24/7/365 to answer your questions for free on matters related to funding.
?I developed CAP with a license from Knowledge Avatars to answer frequent questions about funding to save myself time to answer the harder questions.
?I asked CAP,
“WHY DO SMALL BUSINESSES ENGAGE IN ASKING EVERYONE FOR FUNDING INSTEAD OF IMPLEMENTING A TARGETED CAPITAL CAMPAIGN AIMED AT INVESTOR CANDIDATES THAT ARE MOST LIKELY TO INVEST
WHY DO SMALL BUSINESSES ENGAGE IN ASKING EVERYONE FOR FUNDING INSTEAD OF IMPLEMENTING A TARGETED CAPITAL CAMPAIGN AIMED AT INVESTOR CANDIDATES THAT ARE MOST LIKELY TO INVEST?”
?CAP responded:
“Small businesses often engage in asking everyone for funding instead of implementing a targeted capital campaign aimed at investor candidates that are most likely to invest because they may lack a clear understanding of the importance of building strong relationships with potential investors.
?They may also overlook the need to present their business in a compelling manner that demonstrates superiority over competitors when seeking funding.
?Additionally, some entrepreneurs may mistakenly believe that fundraising can start immediately without proper preparation, strategy, or identification of suitable investor candidates.
?This approach of casting a wide net and hoping for the best can result in wasted time and resources, as well as a lack of success in raising the necessary funds.”
?FUNDING HAPPENINGS
David Seitter published The Business Owner's Bucket List . Dave is an attorney with Spencer Fane that specializes in helping business owners exit their businesses.
?FUNDING POINT – ALL ABOUT ME
There are some days, like today, when I scratch my head and wonder how any entrepreneur successfully raises funding.
There seems to be a perpetual myth that all an entrepreneur has to do to obtain funding is stick out their hand.
If that doesn’t work, then they think that because they don’t have the magical touch that they can simply ask someone else to stick out their hand. Funding is only delayed by the time it takes them to ask someone else.
These entrepreneurs act like raising funding is a matter of pushing a button. There is no need to develop a relationship, for an investor candidate to review the offering or for an investor candidate to choose one investment opportunity out of the thousands which might be a better fit.
Do these same entrepreneurs assume that customer candidates have no interest in who they are, that they do not care about the features or attributes of their products or services, and that they have no competition?
Why are all best practices of marketing disregarded when it comes to pitching an investment opportunity?
As repeated within articles within this Instant Funding newsletter, there are three keys to obtaining an investment:
·?????? Trust
·?????? Capability to make an immediate investment
·?????? Motivation to invest and to choose one opportunity over another
These three keys can be done instantly – thus, the title of this newsletter.
Entrepreneurs must ask themselves when these keys can be done immediately.
It will not happen if the investor candidate does not know the entrepreneur and have sufficient information about their knowledge of their products/services, their marketplace and their ability to go to market.
It will not happen if they are currently out of pocket: their money is already invested.
It will not happen if other businesses offer superior investment opportunities that better fit the preferences of the investor candidate in terms of ROI, term, risk level, and deal structure.
If an entrepreneur shows up at your door (or sends you an email blast) asking you for an investment how would you react?
You don’t know them. You might get to know them over time, but that is not today.
You may not have the money or other capital resources they need. Their pitch is dead in the water before they start.
Can you take an entrepreneur seriously so that they have the capability of going to market when they haven’t made any effort to learn about you, your funding capability, or your preferences? Do you really think they will be successful with such an apparent lack of marketing skills and knowledge? Wouldn’t almost any other entrepreneur appear to be a better bet in making an investment, except for those standing in line behind them waiting their turn to make a cold call pitch?
Would you invest in any business that pitches its offering like a door-to-door magazine salesperson?
?BELIZE REAL ESTATE & LIFESTYLES SHOW
TOMORROW, WEDNESDAY, NOVEMBER 20, Boris Mannsfeld and I will host the inaugural Belize Real Estate & Life Styles show at 8 am Mountain Time / 10 am Eastern Time (this show is rescheduled from a few weeks ago). The program will provide insight into doing business and living in the country of Belize.
You may view the show live or watch it later as a recording at:
SUCCESSFUL FUNDING SHOW
?THIS MORNING, @Tom Frey was my guest on the Successful Funding show. Dr. Tom Frey is a world-class futurist. We talked about the future of funding. The conversation included the topics of change, tokens, cryptocurrency, anticipated changes at the SEC, and higher-quality access to information.
?You may watch the recording of the show at:
?DON COHEN SHOW
?TOMORROW, WEDNESDAY, November 20, I will be a guest again on the @Don Cohen show. 9 am Mountain Time / 11 am Eastern Time. Don and I will discuss the challenge of monetizing appearances on live-streamed shows and podcasts.
?You may be in the audience or watch the show later on a recording at:
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LAST WEDNESDAY, I was the guest on the Don Cohen show. We talked about strategy. The act of forming a strategy serves to guide an organization in future planning and operations – to point the organization in a specific direction. Strategy development is improved by having more people participate to create multiple perspectives based on a broader range of experiences.
?If you would like to a recording, go to:
SUBSCRIBE
You may subscribe to this Weekly edition of my Instant Funding Newsletter, or you may subscribe to my Daily edition.
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Karl Dakin, the Capital Coach
Dakin Capital LLC
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2 天前That's going to be veary interesting event thanks for sharing this karl Dakin best wishes to each and everyone their ?????????????????????????
I help you overcome challenges to raising capital. Take advantage of my Motivated Money Method to identify those investor candidates that are most likely to invest. Top expert in fundraising.
2 天前Are you using marketing best practices in your capital campaign?