TRUST
Karl Dakin
Capital Coach | Stakeholder Investor Campaigns | Design, Stage, and Manage or Support | Reduce Time, Money, and Risk of Raising Funding | Increase Probability of Success! | Opportunity Management
BELIZE SUCCESS STORIES
I will be teaming up with @Boris Mannsfeld to present a series of live-streamed shows on the topic of success in Belize. We will present guests who operate businesses in Belize (both locals and US expats), government officials, community leaders, and real estate opportunities.
NEXT WEDNESDAY, October 23, we will host the first Belize Success Stories show at 8 am MDT / 10 am EDT on LinkedIn Live.
If you would like to be in the audience, go to:
As some of you know, I hold an Adjunct Professor position at the University of Denver. I have teamed with Boris in 2019 and 2024 to teach a course on International Financial Transaction – Belize that compares and contrasts doing business in the United States with the country of Belize. My co-instructor in 2019 was?Vaneesha Dutra, Ph.D., and in 2024, it was Michael Jacobs. Planning is underway for 2025. Belize offers a great combination of business opportunities, tourism activities, and retirement possibilities.
QUICK CALENDAR
TUESDAY, OCTOBER 22, Successful Funding show, 8 am MDT / 10 am EDT, LinkedIn Live – guest and topic to be announced
WEDNESDAY, OCTOBER 23, Belize Success Stories show, 8 am MDT / 10 EDT, LinkedIn Live – Real Estate in Belize
WEDNESDAY, OCTOBER 23, Don Cohen show, 9 am MDT / 11 EDT, LinkedIn Live - Financials
THURSDAY, OCTOBER 24, Community Revitalization show, 8 am MDT / 10 EDT LinkedIn Live – RCI Academy Corporation and its first educational program on Community Capital
FUNDING HAPPENINGS
@Zen Benefiel is promoting his book The Power of Partnering: A Blueprint for Collaborative Leadership,?where he takes the position that “Partnering is not just a buzzword; it’s a practice—a mindset that builds trust, encourages transparency, and creates a shared responsibility for success.” He applies his position to business-to-business, employer to employee and non-business relationships.
FUNDING POINT – TRUST
At the outset of publishing this Instant Funding Newsletter over ten months ago, within my Motivated Money Method for raising funding, I stated that there were three keys to successful funding:
·?????? Investor candidate knows the small business or community project
·?????? Investor candidate has the resources needed by the small business or community project
·?????? Investor candidate is motivated to choose the opportunity presented by the small business or community project over all other investment opportunities.
?After 300 articles in this Instant Funding newsletter and 30 Successful Funding shows on LinkedIn Live, and many, many conversations with entrepreneurs, community leaders, and investors, I am making a change.
?My first key will not be that an investor candidate has a relationship of trust with the entrepreneur/community leader.
?This is an important refinement in my thinking and a semantical change in my communications. Trust has always been required to obtain an investment. Previously, I spread the trust requirement between the investor candidate and entrepreneur, knowing each other and the extent of the motivation of the investor candidate to choose a particular investment. I am now making trust one of three rings in the circus of raising funding.
?Knowing of an investment opportunity and of a small business or community project is a step toward trust. An investment cannot occur without awareness. However, there must be more. I am aware of many investment opportunities, but I have no interest in many due to a lack of trust.
?Trust must be reciprocal. It is not only that the investor candidate must trust the person pitching the investment, but the person pitching the investment must also trust the investor candidate.
?My change in framing my three keys to successful fundraising is driven in part by the current level of lying, name-calling, fake news, and misinformation that dominates the news and most forms of communication. I am frustrated that I feel the need to do deep due diligence on almost everything I see and hear. Trusted sources of information have been rare and highly valued.
?Future articles will explore the definition of trust within an investment relationship, the building of trust, the loss of trust, the level of trust necessary to support an investment decision, types of trust, and factors affecting relationships.
?SUCCESSFUL FUNDING SHOW
LAST TUESDAY, I hosted Kon Apostolopoulos with FreshBiz Solutions as my guest on the Successful Funding show. We talked generally about quickly establishing trust in a brand-new relationship between an entrepreneur and an investor candidate. ?Invariably, most fundraising campaigns will reach a point where it is necessary to find new investors with whom the entrepreneur has no prior relationship. The entrepreneur wants an immediate investment decision, but that decision must be based on trust.
You may see a recording of this show at:
领英推荐
RCI COMMUNITY FUNDS
As a member of this new company, I am working with a team of professionals to craft a new funding mechanism for revitalizing underserved communities.
Approval was given by the State of Maryland for the formation of RCI Community Funds Benefit LLC – this for-profit business is working to raise and deploy funding strategically into a series of selected communities.
In parallel, the newly formed RCI Academy corporation will offer educational programs on community revitalization.
NEXT THURSDAY, the Community Revitalization show will feature the new nonprofit – RCI Community Academy and its first educational program on Community Capital. As disinvested communities work to catch up, understanding the need for community wealth-building and how to accomplish it drives local decision-making.
You may be in the audience by going to this link:
LAST THURSDAY, Stephen Shaff and Bill Huston hosted guest Marc Carr with Ashoka.
A recording of the show is available for viewing at:
DON COHEN SHOW
NEXT WEDNESDAY, October 23rd, I will be a guest again on the Don Cohen show. It will be at 9 am MDT / 11 am EDT. The topic will be ‘financials’. We will discuss the need for an organization to have their books and records in order to be ready to receive funding, what represents a good set of books and how to tell the story of one’s books.
If you would like to be in the audience, go to:
LAST MONDAY, October 14, I was a guest on the Don Cohen show. We discussed relevance from the perspective of being of value to others to demonstrating why someone will choose competing sources of anything.
You may see a recording of this show at:
Don is my mentor and guru on using LinkedIn as a social media platform to build my brand and build my community of individuals and organizations who work like me to help small businesses and communities raise funding. Donald Cohen
SUBSCRIBE
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Karl Dakin, the Capital Coach
Dakin Capital LLC
Secured Financing, Credit, Loan, Lending & Mortgage | Alternative Investment: PE, VC, Pre-IPO, Unicorn, Hedge Fund, Life Settlement & Litigation Fund | Empower Institution, Enterprise & Single Family Office (SFO)
4 个月Karl Dakin, your emphasis on trust in fundraising is spot on! I'd love to offer my insights. Let's collaborate and provide our clients with: Wealth Consultancy Alternative Investments Secured Financing Let's connect via LinkedIn chat to discuss how we can empower ventures together!
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5 个月That's Amazing program thanks for sharing this best wishes to each and everyone their ?????????????????????????
Project Finance Readiness Consulting for Prime Projects | $100M to $5B+ | Multi-Use Real Estate, Oil and Gas, Infrastructure, and More
5 个月People are asking themselves today as to who they can trust.
Capital Coach | Stakeholder Investor Campaigns | Design, Stage, and Manage or Support | Reduce Time, Money, and Risk of Raising Funding | Increase Probability of Success! | Opportunity Management
5 个月Who do you trust?