10 Steps to Mastering Raising Capital
1. Decide this is a skill you want to master.
- Make a decision that you actually want to do this.
- Are you willing to put in the time effort and work to do this?
2. Set a specific goal. What do you want?
What do you want to accomplish?
- Set a real estate goal with specific parameters in mind.
- Raise so much $$ for a property that will raise so much cashflow and will raise that from my network of capital people.
- By accomplishing this will prove I am a capital raiser and can get this done.
3. Attach some kind of emotion to the goal.
- Attach it to your why statement.
- What price are you willing to do this?
- Investment of time and energy?
- Will you hire a coach to do this?
- Willing to learn from mentors?
4. Identify the "Critical Success Events" (dominoes).
What are the most important things that you need to become good at?
- Become a person that finds good deals.
- Be surrounded by people that have capital.
- Be the connector between good deals and the capital.
5. Visualize what success and failure look like.
- Review your goals 10X a day - remind yourself of it.
6. Practice is a safe environment.
- Practice deal presentations with people you are comfortable with.
7. Measure your progress in the real world.
- Practice your deal with someone you aren't comfortable with or with someone new.
- Change conversations into real estate conversations.
- What length will you go to help somebody else invest in real estate.
- Don’t ever be afraid to let somebody know you are a real estate investor.
8. Surround yourself with people raising capital.
- People who are actually doing it and are willing to share with you what's working.
- The encouragers.
9. Continue setting higher goals.
- Set new goals of bigger money in tighter timelines - raise the capital raising bar.
10. Share and document your journey and inspire others to do the same thing.
- Lead encourage and inspire others to greatness - leads to more capital raised.
Kind Regards,
John Heeney
Glenroe Lending
“We build LEGACY to create TRANQUILITY”
john@glenroelending.ca
519 808 7370
