How have I never thought of this yet? Thank you, Steve! The value is beyond words. I make constant changes after a Dreamit video. Once again, thank you Steve.
Let's spin the question back on you - in your opinion are investors generally looking for an exit strategy - something to invest in and then flip - or are they generally happy to stay with something that wants to crush the marketplace - and help the entrepreneur get there (if they're capable)?
Investors are looking to make a return on investment. Early-stage investors will expect (hope) that return to be in 5-7 years. It's very long term. They know in 95% of cases it will be an M&A exit. But what I'm saying is early on, I don't want to hear about "how you are going to exit.". I want you to focus on building something huge. Grab the market/marketshare and dominate your niche. Do that, and the right opportunities will come along. Thanks for watching - Steve
@@DreamItVentures Thanks as ever Steve. My exit strategy is simple. I'm gonna die in this business - even if I'm 120 when that happens. Some people build a niche and then have other ideas they want to flip into. Build, exit, next. I'm 50 ish and now I'm creating an ecosystem that enables me to be multidimensional in my thinking. So when I do look for investors, they'd best be in it for the long-run and happy to create as much money as possible and not bore me with any M&A talk. Hope these crazy times are being good to your family, friends and community.
So, essentially how I talk to VC about my exit strategy is by not talking about it at all and leaving it blank on the contract? Come on man, give us something tangible here
How have I never thought of this yet? Thank you, Steve! The value is beyond words. I make constant changes after a Dreamit video.
Once again, thank you Steve.
You're very welcome! Glad you are finding the Dreamit Dose helpful! - Steve
This information is very handy for me. Thanks, #DreamitDose
Glad you found it handy! Thanks for watching! - Steve
NEW SUBSCRIBER! YOU'RE AMAZING! God bless y'all for this wonderful information.
incredible 🔥🔥🔥
Excellent advice.
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Let's spin the question back on you - in your opinion are investors generally looking for an exit strategy - something to invest in and then flip - or are they generally happy to stay with something that wants to crush the marketplace - and help the entrepreneur get there (if they're capable)?
Investors are looking to make a return on investment. Early-stage investors will expect (hope) that return to be in 5-7 years. It's very long term. They know in 95% of cases it will be an M&A exit. But what I'm saying is early on, I don't want to hear about "how you are going to exit.". I want you to focus on building something huge. Grab the market/marketshare and dominate your niche. Do that, and the right opportunities will come along. Thanks for watching - Steve
@@DreamItVentures Thanks as ever Steve. My exit strategy is simple. I'm gonna die in this business - even if I'm 120 when that happens. Some people build a niche and then have other ideas they want to flip into. Build, exit, next. I'm 50 ish and now I'm creating an ecosystem that enables me to be multidimensional in my thinking. So when I do look for investors, they'd best be in it for the long-run and happy to create as much money as possible and not bore me with any M&A talk. Hope these crazy times are being good to your family, friends and community.
So, essentially how I talk to VC about my exit strategy is by not talking about it at all and leaving it blank on the contract? Come on man, give us something tangible here