How To Raise Money For Your Business ?

Wondering how to actually raise capital for your business according to GaryVee?

Here's a transcribe of his answer from #DailyVee 403. Check out his YouTube for inspiring answers and free business tips.

What a lot of people don't understand about raising capital is just you need somebody to say yes. It's not about here's how you do it.
There are seven people running around right now that love coffee, and tattoo and tattoo artists whose grandfather left him or her million dollars and they are trying to figure out where to spend it.
Those people exist.

The reason everyone's losing is they want to go to Silicon Valley and talk to bankers and math kids and they run you through the ringer and it's a waste of time

• You need to go find entrepreneurial money who believe in you
• You need to go find somebody who sold their agency and has 12 million dollars now and is looking to do something and he's like "Oh, I understand something Mike, and I love skateboarding and tattoos,"

I'm giving you a piece of advice that people are not understanding that's the game like you don't go to somebody who's gonna say no and that's what every creative entrepreneur is doing right now and it's a complete waste of time.

Raising capital, so many of you have been caught in this bullshit venture capital and banking world.
When you need money, you got to be willing to get it in any shape or form as long as it's clean money and as long as the person you're getting from isn't going to put you emotionally in a bad place.

You don't want to get money from your aunt who's then going to text you 15 times a day that you suck. And that brings in too much family dynamics.

But nonetheless, what I mean by that is everybody's trying to fit in the mold of how to sell to a venture capitalist when that's like a moonshot instead of trying to find a high net worth individuals who believe in your vision. I've written millions of dollars of cheques through my career, and it was never been because of the maths, and then other people have never written a cheque that hasn't been about the math and neither is right or wrong. It's about styles.

But too many of you have no chance of getting Silicon Valley venture capital firm to write you a cheque and all you do is sit and make excuses, I didn't go to good college, or I don't look the part, or they don't invest in minorities or whatever you may come up with and instead of going to who will give you money.

Find who will give you money. High net-worth individuals who are creative and open-minded.

Find them.

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