How to Raise Capital For Your Business | Shark Tank's Kevin O'Leary and Mark Cuban
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- Опубліковано 29 вер 2020
- So you want to start your own small business, but where do you start? Let's ask one of the world's most successful entrepreneurs and business owners - billionaire Mark Cuban.
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I love that quote, "Entrepreneurs work 80 hours, so they don't have to work 40."
Relatable.
So true
More like 80 hours so they don't work 50
For sure, always saying, available from 10am to 10pm, done.
Nobody can become financially successful overnight. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking the bold steps we need in other to reach our goals.
I think it's not always about fear, Sometimes realistic factors discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value
@@user-vk8vu4li2x
This is the problem! Most times people with little or no knowledge of the stock market try investing by themselves. It once happened to me, then I learned my lesson and contacted a US-based finance consultant by name KRISTIN GAIL CUNNINGHAM and everything changed. I started enjoying huge returns from my investment.
@@user-zw7cd7pe4u Oh, that sounds good but how do I reach out to KRISTIN GAIL CUNNINGHAM
@@user-vk8vu4li2x Look up her name on the webpage
@@user-zw7cd7pe4u Okay, thank you. I just found her website very impressive and dropped a message for her.,. I hope she replies to me
I start my business at 100$. 2 years later i earn 2000$ every month. And I'm not from America. 2k $ is bit much here in my country. Average salary is 500$
Pls give me job kind sir
God is Great
What business was this?
Start small, put in the work, that initial sweat equity will pay off in the long run way more than any outside capital ever will! 💰
not practical but yeah i get where you're coming from...
Nice video that reminds me of a year when I was so broke that I could barely pay my bills. I remember the most important step in my life when I invested my last income with an experienced Forex trader who was recommended to me by a friend. It may seem a bit, but it took courage to know that investing was the right thing to do at the time. Today my small investment of just $ 300 generated over $ 150,000,After I kept Investing and reinvesting. To be successful, you must take a big step. It all starts here. Forex is also a good investment.
@@klaus1618 I had a similar experience to yours. My investment in forex trading saved me from financial burdens after losing my job. Forex trading is very profitable when you have a good Forex trader.
Forex trading is very profitable. When you have a professional forex trader who is good at what he does, your profits can increase by more than 100%. My investment in the forex market earned me the home of my dreams.
True! Investing in Forex is very profitable. Last year I made over $ 45,000 of my long-term investment in forex trading.
UA-cam finally recommending good information
I love watching Kevin O'Leary ever since I started watching Shark Tank. Next to Marc Cuban, He is one of my favorite businessmen that is in the spotlight. He is amongst all the business titans in the market. For this video, they both talk about sweat equity and bootstrapping, which I feel is a great way to start your business and raise capital for it, giving you an authentic sense of growth and scale for your business ventures.
I’ve put in the sweat and used income from my salary to help leverage the r&d into my product. After verifying that it works. I’m very excited to keep going forward
Good luck man
Good for you I hope you are successful
pegy hill I appreciate you. Thank you for that
Dinal Dias thanks for the support! It is very appreciated!
I wish you the best.
Being doing that since I first watched that video! Yes! We want to focus 100% on the business to make it evolve... But not many people can do that.... So get a second/third job/income and make it happen!
When it's proved and profitable, you can focus on it 100% or even better, diversify!
That's the same thing said by many and its right for the most part, but there are many businesses that have to have x money to run and would take too long to build up the kind of capital needed.
Would be nice to talk about things that would really help. Like how to network better to build relationships that can lead to investors, the best place to learn to make a business plan, and what most investors look for.
This is how I did it too! Keep your job and have a side business until your side business is a real business. Then you don't need any outside capital 😉
mark cuban starting to age while Mr wonderful still looks fresh, I guess cause he is a Chevalier du Tastevin
Chevalier su Tastevin
That was a great Shark Tank episode!!!!
I think it’s Kevin’s $80 Egyptian cotton underwear.
@@bren.r LMAO!
I was thinking the same thing and then I saw your comment. I'm on season 4 of shark tank. Kevin has aged well compared to Mark. They're my favorite sharks but maybe Mark gets riled up more than Kevin. Kevin seems to take everything in stride.
Never rely on others. If you have limited budgets or even nothing it's enough to overcome any obstacles. Focus on one thing working so hard. You win if you're patient.
Hi mr.oleary i am a 16 year old that lives in a home of wealth medium category and would like to know from you how does one know what they want of their life and how does one go about choosing their profession..how do you really know what you enjoy and if you do for how long will you..correct me if im wrong but i believe school doesnt teach you how to go about life after basic education and so how do you think you go about discovering what you do next...
Thanks Kevin!!! With this whole pandemic going on, I'm sure there are a lot of challenges out there.....
Kevin, you have a huge heart! God bless.
Sweat equity is totally right. I am on my 4th successful business and still at it. Also by doing it yourself you aren't beholding to anyone else. Why climb the ladder when you can own it.
I want to start my own small business so I can invest my money but I don't know in what, any suggestions please?
@@ramiroperez2461 First a couple of things. What are your expectations and what are you good at? If you enjoy what you do you'll never work a day in your life.
When a guy like Kevin starts a UA-cam channel and starts inviting more Billionaires...how can anyone even compete? hah 😅
Two Legends in One Frame; EPIC!
What I’m doing, and I think a lot of you could try something like this is, work your full-time (because you might have too), and as your business grows you cut down your hours at your full-time. I work at a grocery store full-time, as I gain clients little by little, I’m going to cut down to 30 hours, then 20, then 10, then eventually one day a week until I get busy enough with my business and gain revenue to quit my day job.
I'm glad this was the very first video I watched after searching "raise money for a business" because this is exactly what I had planned to do but had heard of others doing crowdfunding. If Mark Cuban says sweat equity is the best then I believe him.
Thanks for the advice Kev
*Believe in yourself. Back yourself*
And keep hustling 🙌🙌🙌
thanks i needed to hear that 💯💯
Love your channel! Lots of good information here. Haven't made it big yet but I'll keep trying :)
Thanks!
Threee words.... Sales Cures All.
Hello Mr. Wonderful, what do you have to say about your cameo business, where you shout out any business, including many contropreneurs who scam people out of their money?
What’s the source for this video? Is there a full video of them doing Q&A I can watch?
So true 24 hrs
You're right! You have to put in the work.
Hi Kevin, Please do a video of your pen collection!! We would love to see it.
That's true to a significant extent.
Thanks for the advice
Please suggest sell unedited version of all the shark tank episodes, i think they will be very informative .
This doesn’t really answer the question other than saying work hard and work as many jobs as possible. I wish they could provide more substances such as where to look for angel investors, local business loans etc.
(Uber on weekend or night to get some extra money) that’s very practical advice and honest from humble billionaire. Nice video gentleman.
Yeah sweat equity thats how i started my side business. Work in the day , side buisness at night. Using your own money no matter how small i started with a few hundred dollars buying and flipping goods and repeat and that has grown. Mark is correct thats what has to be done 80 hour work week everyday.
Where do we submit questions for ask Kevin?
inspiring
Dang now i want more!!!!
so true, sweat equity !
Shared 🌐🌟💫
How do you buy equipment? Tools supplies?
The world is gradually moving out of the I work for my boss era, people who choose to be entrepreneurs are securing a bright future for themselves, as for i have decided to go into stocks and i wouldn't lie, its not been easy
The wisest thing that should be on every wise individual's list is to invest in different streams of income that don't depend on the government to bring in money especially now the pandemic is hitting the economy pretty hard.
I don't know who needs to hear this but stop saving money. Invest some of it if you want financial freedom
well as a beginner i suggest you read more books and watch more videos, but then its not enough, you also have to seek the counsel of a professional
@@driftgod7894 i watch just videos for now, Haven't made it big yet but I'll keep trying :) and about experts have seen a lot of them but they are not verified yet so if you have a licensed and certified one ,pls don't forget to mention
@@crypto-investltd7871 I was so scared of investing with AGATHA CHRISTINE ROBINSON due to previous experience but I saw some atom of sincerity, I followed my heart and indeed it was wonderful decision, Not only is my investment yielding fruits but am also a step closer to being independent when it comes to trading
Wonderful
What is sweat equity?
It's true though. Sweat equity is often the best option.
What would you advise in how to raise the capitol for a movie with Producer/Director on board with proposal and his ability to get A list actor like Ben Kingsley and Possibly Richard Gere ! ?
The rich stay rich by spending like the poor and investing without stopping then the poor stay poor by spending like the rich yet not investing like the rich
ie : Investing helps you creates wealth
I Invested in Crypto and stocks but believe me crypto is better than stocks
Investing in Crypto is actually the wisest thing to do now despite everything going on in the world
@@gregorymannarino6402
Exactly 💯
Many people will regret not buying and investing in crypto now because Crypto is Future ✈️
People are scared of investing because of the high rate of unprofessional brokers everywhere
Jokes apart - this is a great advice - I am doing the same - being a programmer I am working extra jobs to get capital for new business.
Love to hear it, stay hustling!
@@kevinoleary Talk about the Scenarios for the Future of Technology and International Development
A good way to raise capital is to make a cameo and charge $1200 to "sponsor" a company or brand. may cause you to lose all your reliability, but can make $2 million. definitely give it a try
How do I look fr a investor fr a startup
I think I figured out the secret to successfully raising capital privately and I am passionate about sharing how, so that others can retire to their side hustle as I did.
hard cold true
Hey Kevin, thanks for inspiring me. I’m 17 and extremely worried about my future. I want to be someone and I don’t want to be forgotten when I die, and I’m not trying to sound greedy but I want to have a lot of money to help other people. I don’t know where to start and it’s killing me. I want to do business and be a doctor and I can’t choose. I want to make products but it’s so hard, i haven’t started but I already to give up.
So, hang on. Now you're 19. You've got to be an 'optimist' about all this, wouldn't you say? :-) (Not just what your profile name suggests.) What did you decide to do? Nothing wrong with being a doctor -- you just have to be really sure to want to commit to that profession (life) before all the studies commence. And you DO know that you (still) time to make it happen. No one is expecting you to have all the answers, especially at a young age. Look at all the young entrepreneurs nowadays killing it in whatever they're doing. You have time. As long as you stay focused. The "Killing me" part is subjective, though a lot of entrepreneurs et al go through this. Look at people with regular jobs/careers who (unfortunately) are not happy with their work choices. They feel it too. Either way, you're going to feel pain. No one is saying that's a bad thing, by the way. It's your perspective. I'm guessing the sooner you start making products the better, no? Best of success!! Hope you make it happen :-)
From your perspective it probably feels like you are the center of some universe
Whatif, it's a tech product or an ecommerce product..aand you need atleast the minimum amount to even develop a website or the MVP to even get started? Let's say that I do put in all the energy I nmeed to do market research, social media branding, sales and everything else..I still need some initial amount to even get the raw materials or the platform..what to do then? Hopefully the solution isn't spend the next 6 months learning web designing and hopefully in 6 month you'll be able to build your own website....because it's impossible to learn every other skill
Can I DM you about a Cornavin mechanical watch I have from my dad?
Where's the full interview?
Sweet equity is great for products/services 🎯 ing B2C...
Developing an MVP targeted at B2Bs' e.g. banks without 1st-in-class development team is technically impossible....These are usually the large-scale marketplace disruptors...
Sometimes people don't see their own value. You are what is valuable to your business. The knowledge and skill you have developed doing your thing, whatever it is. That is the thing you would do even if money didn't exist. That is your job whether or not you are rewarded in kind. For me a smile and a thank you makes me feel so much better than a bit of printed paper. But you people want money from me so pay me for working. Earth is not a happy place.
Have connections
Love these moguls - great insights - Just started my channel and educating people of the same!
That's how I started. Sweat equity.
Can you help me with the capital for the business
I work my ass off for 3 years, i quit my job last year..because ive been able to do that, my business ady can sustain itself and our basic needs.. And its been growing almost 7x today.. Yeah i took some time out from doinf hard work this past few month.. I dont regret it..ive work hard now its time to relax a lil bit..i start delegating and enjoy my time with family n myself more.. But true, do not need to have big capital upfront, my job was the angel investor to my business 💪
This is advice that I always find so hard to take seriously because it just seems so obvious. It seems ludicrous to me that so many start ups seem to value getting venture funding as the main goal rather than something you only do when you absolutely need to. The only rationale I can see is if someone views the companies bank account as their own.
Kevin,
Have you heard of the UA-camr 'Tech With Tim'
Quite the businessman at the age of 20!
Worth a look into.
And he's Canadian!
💸I HAVE MONEY TO LEND 💵
You get MindMed on the NASDAQ
What if you’re already starting as small as possible but the business just realistically requires some money
Kevin never fails to dress sharp👍🤵
NimNIm works everyday
So raise the money yourself. Prove profitability. Great. I'm already at the point. Just raising capital at this point until it's over.
Stephan sent me here.
They didn't answer her question regarding how to raise Capital for your business.
Get sales first
I am building a small hotel . Towards completetion i run short of funds fo furnish. I am looking for short term partner
How do you learn business, with out knowing nothing about business ?? 27 year what terminology or things I need to know? Kevin
You learn as you grow in the business (experiences as an entrepreneur). The failures in a business, is the best way to learn. Also, go read entrepreneurial books.📚
❤
Sorry I'm late, Uncle Kevin. My best accomplishments: being a stay-at-home dad and publishing my software books, long out of print. My kids are still in print, though!😀
@Whiteman I usually catch Kevin's posts right away. Today I was two hours late. This was an unusually short video.
@Whiteman First of all, I'm joking. And, Kevin often responds to my posts. I'm a Shark Tank fan, and I like Kevin's investment comments. Also, in the 90s, I reviewed software from his company.
For 75% of Americans the Money is in their homes. Major Equity in your house at a 2.9 refinance interest rate. Its not gonna be there forever take advantage while you can
Nothing wrong with a work life balance!! You can't take anything with you when you die.
How to spend capital for your business
Blue Oyster Cult- The Alchemist
It’s hard Mark....your dorm room business took off and was sold before it got tough.
Title is misleading, not really a good example of someone needing to raise capital. Clearly she's new and yes needs to invest sweat equity. But considering the title of the video pertains to raising capital, what advice would you have? Let's say it's a start up with no debt operating over 2 years and gross rev $5m? How do you do it without forfeiting equity? Should one start with a line of credit, first? Etc.
Who did that painting behind, a 6 year old?
Its like a muscle, in order to build your muscles and get rid of that fat you have to push yourself and work your ass off sweating bleeding even.. to lose that weight. The less you give the less of a gain you get. There is no 1 pill or 1 word fixes all strategy.
Buy an apartment building ten years ago
Hay u might see this on the other side of the world on the plane
How’s Cameo going Mr.Wonderful, any scammer left without being shotout from you ?
Lmao I'm ded
i cant get an uber i cant get that easy shidddd.
Sweat the friends family and fools and then make it happen
At what point would you say quit your job?
whenever your company is providing you a livable wage you are satisfied with.
Sweat Equity. She's not trying to hear that. lol
Investing is how you create wealth ,I started investing from the pandemic
investment are stepping Stones for success..you are absolutely right✅ waiting for the government to provide is a big waste of time...
there are so many investment but if profit must be considered then not all those investment are good to go Into and not all can with stand the test of time..
well said investing is good but investing in the right thing is the actual key to success...
the right choice of investment has always been a big problem for me because I know that picking up the wrong investment will leave a big scar in the future...
there might be so many investment out there but if profit must be considered which is the actual sole of every investment then I will advice you to go into Bitcoin trading it has higher profit rate than most investment..
Oh my god imagine kevin o'leary meet greta thunberg
Kevin: what do the investors want? What do they want back? Passion? Talks about the world? Saving the planet? They just want their money back
Greta thunberg: How dare you?
Mark working too hard and his looks are starting to support that statement. Live, love, laugh, invest (if you like), don't waste your life overworking or overdoing. It's generally not that hard, but we all make it harder than it needs to be sometimes.
Id rather work the 80 on my terms than the 40 on theirs.
Let’s see what Marky Mark and Mr wonderful have to say. Hmmm
I completely agree. I’m starting my own business and from my past experiences, earning everything and putting in the hard work have made me appreciate what I’m building more. Also with your own capital on the line it incentivizes one not to fail.