Behind the Beard | August 11th, 2021
Something I'm Reading:
I’m still reading through “The Ruthless Elimination of Hurry: How to Stay Emotionally Healthy and Spiritually Alive in the Chaos of the Modern World” by John Mark Comer which I mentioned last week. I’m implementing a lot of it - definitely a book that requires some digesting and intentional action.
Something I Teach:
I shared this on my Instagram a couple days ago, but I think it’s worth repeating here:
Something Cool I Own:
My iPhone case is a wallet and a phone case in one. It’s the little things in life lol I love it! I’ll link it here if you wanna check it out.
Something I Photographed:
Each week I share a photo I snapped in the previous week. Sometimes serious. Sometimes random and funny. Maybe a selfie once in a while. Just because.
Had a special dinner with the speakers for this week’s Maui Masterclass: AJ Osborn, Rich and Kathy Fetke, and Tarl Yarber (and Ryan and Pinky Murdock, Grace Yarber, and my lovely family!).
Something I'm Excited About:
I’m excited for this week’s Maui Masterclass with 32 high level real estate investors! It’ll be an awesome few days. We have a couple spots left for September’s event! You can find more info here.
Each week, I'll be answering one question from someone on my BehindTheBeard Text List! Want your question answered? Submit it by simply replying to this text!
Something I Can Answer:
Question: “How do you go about raising capital for the first time?” -Mary D
Raising capital requires four things which I call the KITE principle:
Knowledge. You have to have a lot of knowledge in the niche, area, or overall thing you’re gonna do.
Integrity. How you do anything is how you do everything. Do you have integrity in how you operate every area of your life? And, more importantly, can you back that up?
Tactics. You need to have a business plan and know exactly how you are going to get your investors their money back.
Experience. This goes hand in hand with knowledge but takes it a step further. Do you have experience and can investors trust you to properly use their capital?
Once you have those four things in place, you need to go to attorney to make sure you are doing it legally and correctly. You’ll also need to network to find people who are looking for places to put their money. And - of course - you need a good deal that will give your investors the return that they want.
Your Friend,
@BeardyBrandon
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