Business Tips: How Do I Raise Money From an Angel Investor or Venture Capitalist?
Business Tips: How Do I Raise Money From an Angel Investor or Venture Capitalist?
Awesome Tip: How Do I Raise Money From an Angel Investor or Venture Capitalist?
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Gary Vaynerchuk builds businesses. Fresh out of college he took his family wine business and grew it from a $3M to a $60M business in just five years. Now he runs VaynerMedia, one of the world’s hottest digital agencies. Along the way he became a prolific angel investor and venture capitalist, investing in companies like Facebook, Twitter, Tumblr, Uber, and Birchbox before eventually co-founding VaynerRSE, a $25M angel fund.
The #AskGaryVee Show is Gary’s way of providing as much value value as possible by taking your questions about social media, entrepreneurship, startups, and family businesses and giving you his answers based on a lifetime of building successful, multi-million dollar companies.
Gary is also a prolific public speaker, delivering keynotes at events like Le Web, and SXSW, which you can watch right here on this channel.
What a pompous jackass! What about seed or startup capital, Gary? You can't imagine that there might be people that need a particular level of capital which is out of their reach? If one has a product, things like patents, sourcing, production samples, testing, etc can cost tens of thousands and more. How does that fit into your arrogant, unthoughtful and insulting, dismissive answer? If that's how you treat your followers, why the hell do they follow you? Not to mention that you don't know that your approach to finding Angel/VC money only works for the smallest of the small. Look, you're the man (RIGHT NOW) because you're in the right place at the right time. Online marketing is a cinch for ANYONE with mediocre talent and tech skills. So, pump the brakes on yourself…remember everything changes.
I started working for a small personal training studio. 2 years later I opened my own personal training studio after saving enough capital. A year after that, I bought out the original studio I worked for. I am now 28 years old with 2 personal training studios. But, I have an idea for a small commercial gym with a somewhat niche demographic the fitness industry is completely missing. A much more expensive venture that I do not have the capital for. I have a couple of very wealthy clients who I am prepared to ask. Anybody watching this video have any recommendations on how to approach them? Or, any other recommendations for raising capital for my next business venture.? All advice is appreciated.
Gary, your answer is correct. HOWEVER! You don't get to answer the question as a subject matter expert!
Gary, your answer is correct. HOWEVER! You don't get to answer the question as a subject matter expert!
Your legendary story is: you took over your family wines business when it was worth 3mm. You did not build it alone. YOU took advantage of new technology and had time to transform your family company from a storefront centric establishment to the internet when it was a new thing. You did not struggle like people who don't have $10 but have an excellent idea for a business.
Perhaps the question people are asking you is how did Mark Zuckerberg and company ask you to invest in 'THE FACEBOOK'? how did Mark ask you for Money?
I agree with your answer. I think the way you answered the question is coming from a place of frustration. That is what it sounded like. People ask YOU every day how to borrow or get money without even trying or believing in themselves. After a few hundred times, I am sure it gets frustrating after a while.
Perhaps the way to answer those peoples questions is "believe in yourself and your idea. The money will come." Then point them to mentor programs for entrepreneurs.
I know of company’s that started with literally zero without an angel investor so u basically did not answer the question for the ones that have asked u the question. They question at hand “how to get an angel investor” to me that sounds like a person has a great idea but does not have the money to fund the idea
Thanks for this Gary V. I agree wholeheartedly. I’ve been teaching entrepreneurs how to do this for over six years now using our proven method at InsightStudios.co. Send those annoying questioners to me and I’ll coach them up.
Expeditetools,com helped me financially when i was going through some difficult times .I received a hacked transfer from em ,they sent me over $100,000 in a week.
Um, if I were really successful with some great product everyone wants and am getting famous and rich, why would I care about investors then? I hear all about investors putting millions into startups that have NO product or customers yet. They just believe in the idea and the people behind it. So, if I go at it alone without investors and become successful and that come knocking, I’ll be like the Little Red Hen and say “Where were you when I was dying and killing myself trying to make this business? Your money back then would have made things so much easier, but you said NO and now you come wanting to invest money in an already very profitable company? F the F off
The crappy shit talker who sells ice to Eskimos. Dumb stupid answer. If I could build a biz that bring paying customers I would give VC the middle finger all my life
21 Replies to “Business Tips: How Do I Raise Money From an Angel Investor or Venture Capitalist?”
Thank you. In less than a minute you have better explained the startup process than most.
Best startup advice ever. Thank you Gary.
What a pompous jackass! What about seed or startup capital, Gary? You can't imagine that there might be people that need a particular level of capital which is out of their reach? If one has a product, things like patents, sourcing, production samples, testing, etc can cost tens of thousands and more. How does that fit into your arrogant, unthoughtful and insulting, dismissive answer? If that's how you treat your followers, why the hell do they follow you? Not to mention that you don't know that your approach to finding Angel/VC money only works for the smallest of the small. Look, you're the man (RIGHT NOW) because you're in the right place at the right time. Online marketing is a cinch for ANYONE with mediocre talent and tech skills. So, pump the brakes on yourself…remember everything changes.
direct to the point
I started working for a small personal training studio. 2 years later I opened my own personal training studio after saving enough capital. A year after that, I bought out the original studio I worked for. I am now 28 years old with 2 personal training studios. But, I have an idea for a small commercial gym with a somewhat niche demographic the fitness industry is completely missing. A much more expensive venture that I do not have the capital for. I have a couple of very wealthy clients who I am prepared to ask. Anybody watching this video have any recommendations on how to approach them? Or, any other recommendations for raising capital for my next business venture.? All advice is appreciated.
I need garyvee will power. So forceful its intoxicating
Gary, your answer is correct. HOWEVER! You don't get to answer the question as a subject matter expert!
Gary, your answer is correct. HOWEVER! You don't get to answer the question as a subject matter expert!
Your legendary story is: you took over your family wines business when it was worth 3mm. You did not build it alone. YOU took advantage of new technology and had time to transform your family company from a storefront centric establishment to the internet when it was a new thing. You did not struggle like people who don't have $10 but have an excellent idea for a business.
Perhaps the question people are asking you is how did Mark Zuckerberg and company ask you to invest in 'THE FACEBOOK'? how did Mark ask you for Money?
I agree with your answer. I think the way you answered the question is coming from a place of frustration. That is what it sounded like. People ask YOU every day how to borrow or get money without even trying or believing in themselves. After a few hundred times, I am sure it gets frustrating after a while.
Perhaps the way to answer those peoples questions is "believe in yourself and your idea. The money will come." Then point them to mentor programs for entrepreneurs.
True Fan
-Vince
Umm we need $$$$ to execute!!! Dumbass
I sorted the videos by the shortest to longest on how to finds vc's and this video was first…and it was the last. Thank you.
I know of company’s that started with literally zero without an angel investor so u basically did not answer the question for the ones that have asked u the question. They question at hand “how to get an angel investor” to me that sounds like a person has a great idea but does not have the money to fund the idea
Thanks for this Gary V. I agree wholeheartedly. I’ve been teaching entrepreneurs how to do this for over six years now using our proven method at InsightStudios.co. Send those annoying questioners to me and I’ll coach them up.
Lutherangrants ,com helped me out and they sent me a grant of $45,000 for my business.
How?
Not everyone is building a app
Solid advice thank you
Expeditetools,com helped me financially when i was going through some difficult times .I received a hacked transfer from em ,they sent me over $100,000 in a week.
Um, if I were really successful with some great product everyone wants and am getting famous and rich, why would I care about investors then? I hear all about investors putting millions into startups that have NO product or customers yet. They just believe in the idea and the people behind it. So, if I go at it alone without investors and become successful and that come knocking, I’ll be like the Little Red Hen and say “Where were you when I was dying and killing myself trying to make this business? Your money back then would have made things so much easier, but you said NO and now you come wanting to invest money in an already very profitable company? F the F off
The answer to the question is to get out and network. Don't wait for people to come to you be proactive. We are in all different situations
Damn it dude, you are awesome. This video just gave me new perspective. I needed to hear this. Thanks
Thank you for your video, I will try to do just that!
The crappy shit talker who sells ice to Eskimos. Dumb stupid answer. If I could build a biz that bring paying customers I would give VC the middle finger all my life