Step By Step: How I Raised $5,000,000 For My Startup

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  • Опубліковано 6 чер 2024
  • 2 years ago I raised $5,000,000 for my startup, Stan. In this video, I break down the exact step-by-step process that I used to to raise money for my startup.
    Specifically, I cover:
    • How to find investors
    • How to get investors to respond to you
    • How to build a pitch deck
    • How to create urgency among VC's
    • How to close the deal
    -
    Download my pitch deck for free here!!! ⬇️
    stan.store/jayhoovy/p/use-my-...
    -
    ⌚️Timestamps:
    0:00 What you'll learn
    0:33 Finding Your "Mark Cuban"
    3:45 Getting Investors To Respond
    6:47 Building A Pitch Deck
    11:14 Interview With Top VC
    17:06 Creating Urgency
    20:06 Closing The Deal
    -
    Connect with me on LinkedIn: / johnghu
    DM me on Instagram: / jayhoovy
    -
    Want to start monetizing your content? Check out my company, Stan:
    stan.store/
    -

КОМЕНТАРІ • 122

  • @jayhoovy
    @jayhoovy  8 місяців тому +9

    If you have any other tips that I might've missed, comment them in this thread and help out all the future founders :)

    • @MotivatedI
      @MotivatedI 8 місяців тому +1

      Where is the pitch deck template link? Thank you

    • @jayhoovy
      @jayhoovy  8 місяців тому +1

      @@MotivatedIlink is in the description!

    • @michaeldsouza773
      @michaeldsouza773 6 місяців тому

      Did you pitch in person or via zoom? Do you think one is better than the other?

  • @georgeevans9754
    @georgeevans9754 8 місяців тому +30

    The fact you’re doing this for free is so brilliant. Thanks

  • @tylerTaaca1
    @tylerTaaca1 8 місяців тому +16

    Every time you upload, i’m running to the desk with a note pad LOL

    • @jayhoovy
      @jayhoovy  8 місяців тому +1

      Hahaha dude I appreciate that! Hope this one is helpful for you!

  • @jackwuotila4895
    @jackwuotila4895 2 місяці тому +1

    It’s crazy that we’re just watching content like this online for free nowadays man. I know they say ‘when the content is free, you are the product’ but it’s like. Huh. Being the product isn’t so bad ?? When it’s teaching you this stuff

    • @jayhoovy
      @jayhoovy  2 місяці тому

      Ha - I actually work hard enough on Stan to make sure I can focus on making my UA-cam purely entirely free as a 'give back' notion - so no product here! Just trying to give as much karmic value into the universe as possible!

    • @jackwuotila4895
      @jackwuotila4895 2 місяці тому

      That's awesome man. I've been watching your videos like crazy. Respect the hustle!

  • @320Anton320
    @320Anton320 8 місяців тому +1

    Love your content Jay. Just the pure transparency in the whole process. The clear steps and best practices are really helpful!

  • @easonjiang3150
    @easonjiang3150 8 місяців тому

    Thank you so much, Jay! I can't believe there is such high-quality content on UA-cam for free, learned a ton from you and looking forward to your future videos!

  • @littlelilacbunny
    @littlelilacbunny 7 місяців тому

    Thank you for not gate keeping. John you’re the GOAT

  • @sreemancharabuddi2789
    @sreemancharabuddi2789 8 місяців тому +1

    You have created something amazing, well outlined and brings hope to founders.

  • @tamhameenie3136
    @tamhameenie3136 8 місяців тому +10

    As usual amazing content, thanks for taking time to give back to the community!

    • @jayhoovy
      @jayhoovy  8 місяців тому

      Thanks for taking the time to show support! Really means a lot to me :)

  • @Fredbfug
    @Fredbfug 8 місяців тому

    Love your content, John! I've previously worked in VC and am currently working in a seed stage startup, but I am still learning a lot from these. Keep it up 💪

    • @jayhoovy
      @jayhoovy  8 місяців тому

      Heck ya - great to hear Fred! Appreciate the kind words and excited to see your own journey unfold!

  • @bryanlydiabaird
    @bryanlydiabaird 18 днів тому

    Free pitch deck, sweet! Thank you so much for sharing these gems for free!

  • @wafflepiffle
    @wafflepiffle 8 місяців тому

    the value and your transparency is just pure gold, thank you!

    • @jayhoovy
      @jayhoovy  8 місяців тому

      you're pure gold wafflepiffle 🥺🥺🥺

  • @shivzz.s
    @shivzz.s 8 місяців тому +1

    Love the transparency here. This is by far the best step-by-step explanation on how to raise money for a startup! Really inspring! And thanks for sharing your deck John!

    • @jayhoovy
      @jayhoovy  8 місяців тому +1

      Of course sir! It's not the best deck in the world (ha) - but I think it'll help you make yours even better!

  • @leesalandry7260
    @leesalandry7260 8 місяців тому

    Wow! I think I just found my new hero;) Love your energy and your mission!

  • @evandaniyel9388
    @evandaniyel9388 8 місяців тому

    amazing work, i love your transparency.

  • @treefreetisoo
    @treefreetisoo 8 місяців тому

    Thank you for this! It is indeed a lifetime journey

  • @patrickcastell2061
    @patrickcastell2061 8 місяців тому

    Thank you a lot for your insights. As somebody who already had experience with Start-Ups it’s interesting to see more of the founder‘s side.

  • @fcordobaot
    @fcordobaot 4 місяці тому

    I really appreciate the detail of the message

  • @HiKnowledgeseeker
    @HiKnowledgeseeker 8 місяців тому

    I love watching this channel it's my morning ritual with a tea and notepad, Super cool and so much value thanks

    • @jayhoovy
      @jayhoovy  8 місяців тому

      Love that I can help you start off the day! What kinda tea?

  • @Yourguide1629
    @Yourguide1629 8 місяців тому

    Jay, thank you so much for these videos. I am trying to work up the nerve to launch my first business but I've been so overwhelmed with where to start. A step by step video was much needed, and I feel better knowing you're in the process of growing your own start-up. Taking advice from those guru growth coaches never feels trustworthy (or free!).

    • @jayhoovy
      @jayhoovy  8 місяців тому +1

      Hannah!!! You've GOT this!!! Just start small and keep it a side hustle! Don't feel the urgency to go huge - why not walk before you run? Set aside a few hours a week to hit small goals and iterate over a year before you make any bigger calls!

  • @tanveerdaswani
    @tanveerdaswani 8 місяців тому

    Really love your journey till date. Been watching all your videos to date; thank you for sharing so many struggles and successes!

    • @jayhoovy
      @jayhoovy  8 місяців тому

      Cheers Tanveer! Thanks for all the support all this time! Hoping they can inspire you to go out on your own journey as well!

  • @aaroscabrera
    @aaroscabrera 8 місяців тому

    You are literally my favorite Founder content creator! Every content you post is really valuable!!

    • @jayhoovy
      @jayhoovy  8 місяців тому

      Wow, thanks Aaros! Huge shoes to fill haha - I look forward to posting even more to help you on your journey!

  • @galenamadi
    @galenamadi 8 місяців тому

    Been following you from the day 1 of building billion company but I loved this video the most! Keep going!

    • @jayhoovy
      @jayhoovy  8 місяців тому +1

      Heck ya! Really appreciate you being along for the journey - only up from here!

  • @anthonykouch8958
    @anthonykouch8958 8 місяців тому

    another day another great video!

  • @moose1158
    @moose1158 8 місяців тому

    so much growth through stan and through social media and you still remain extremely humble striving to mimic your success some day thanks jay

    • @jayhoovy
      @jayhoovy  8 місяців тому +1

      So proud of you already Moose! I can't wait to hear what you accomplish!

    • @moose1158
      @moose1158 8 місяців тому

      @@jayhoovy locked an internship at fidelity next summer we’re on the way up 😸

  • @UNITEdotLOVE
    @UNITEdotLOVE 8 місяців тому

    Thank you! So appreciate it!

  • @AirMacNair24Kicks
    @AirMacNair24Kicks 8 місяців тому

    This was an awesome video thank you!

  • @jordanaguirre5813
    @jordanaguirre5813 8 місяців тому

    Wow pausing about half way into the video and already felt like twice the video length worth of information. You kept the intro short and sweet, and then started to deliver love it.
    But in my personal adventure for my sign spinning gig. I have 2 potential leads both in the same industry and neighboring businesses. Which leads to the question, what if they're competitors?
    How do I navigate this tightrope with 2 businesses that I could both do business with as my service is event specific and not have the other one want to destroy my anchor points causing me to lose both of them?

  • @limul5394
    @limul5394 8 місяців тому

    watching you from France , high quality video as always

    • @jayhoovy
      @jayhoovy  8 місяців тому

      Bonjour et merci beaucoup!!!

  • @iamwebwiz
    @iamwebwiz 8 місяців тому

    Thank you for sharing this for free. Tons of valuable information in this video. Very much appreciated.

    • @jayhoovy
      @jayhoovy  8 місяців тому +1

      Glad it was helpful webwiz! Thanks for tuning in and let me know if there's ever any topic you want me to cover!

    • @iamwebwiz
      @iamwebwiz 8 місяців тому

      @@jayhoovy that would be amazing, thanks!

  • @DJ0305
    @DJ0305 8 місяців тому

    Love this breakdown, thank you so much Jay!!
    Hopefully I’ll get to use this video at some point down the road 😅

    • @jayhoovy
      @jayhoovy  8 місяців тому

      Glad you enjoyed! Keep pushing and I guarantee you'll get to use it😎

  • @BrennanMurphy
    @BrennanMurphy 8 місяців тому

    9:31 I'm under 10mins in and this is already insanely more consumable and well communicated than ANY other formal biz education--especially on this exact and v important topic!

    • @jayhoovy
      @jayhoovy  8 місяців тому +1

      Thank you so much Brennan! I try my best for y'all to make this more entertaining and accessible than any of the dry, boring biz stuff!

  • @LearningwithJS-ei3ci
    @LearningwithJS-ei3ci 8 місяців тому

    I believe in you, and you should believe in you too!!!! awesome man!!!!

  • @andrewjedi
    @andrewjedi 8 місяців тому +7

    This is amazing, thank you! Did you do a pre-seed round before the 5 million? Or did you completely bootstrap/self fund to get your MVP + initial traction? Thank you and keep pushing the awesome content!

    • @evandaniyel9388
      @evandaniyel9388 8 місяців тому

      wanted to ask this myself but i guess i will wait for him to respond to you.

  • @anttvinenko490
    @anttvinenko490 8 місяців тому

    Holy fck gg man, I remember seeing your comment on one of Chris Do I guess video like two years ago when you have like 200 subs. I subscribed cuz your shorts was highly detailed and valuable. Gg

  • @Bunny-mx1fm
    @Bunny-mx1fm 8 місяців тому

    Once again thank you, unique amazing content super useful and interesting!!

    • @jayhoovy
      @jayhoovy  8 місяців тому +1

      Love to hear it Bunny! Cheers and see ya in the next video!

  • @mattshieldssmma
    @mattshieldssmma 8 місяців тому

    would love to have u on a pod man!

  • @martvainu4802
    @martvainu4802 8 місяців тому

    Great video! How did you create urgency for Forerunner to get the initial term sheet from them?

  • @anasyusuf1607
    @anasyusuf1607 8 місяців тому +1

    Beast as always 💪
    Keep up the great work and the great content!!! ❤

    • @jayhoovy
      @jayhoovy  8 місяців тому

      You're a beast Anas. Thanks for the support🙏

  • @dapaville-
    @dapaville- 8 місяців тому

    YOU ARE AWESOMEEEEEEE

  • @nourosama3752
    @nourosama3752 8 місяців тому

    Amazing content!

  • @camoywilliams4268
    @camoywilliams4268 2 місяці тому

    Very.....Informative

  • @Kiswood
    @Kiswood 8 місяців тому

    This was amazing.

    • @jayhoovy
      @jayhoovy  8 місяців тому

      Thank you Kiswood🙏

  • @zerodiscount8812
    @zerodiscount8812 7 місяців тому

    Great video! are you doing your video editing yourself? how do you go about it? all the best!

    • @jayhoovy
      @jayhoovy  7 місяців тому

      I'm super lucky to work with multiple top tier editors :)

  • @hillstudios1
    @hillstudios1 8 місяців тому +1

    Amazing content 🎉

    • @jayhoovy
      @jayhoovy  8 місяців тому

      Thank you 🙌

  • @VoltHaul
    @VoltHaul 8 місяців тому

    13:30 Don't get me wrong but if you have PMF, most of the rest is not an issue anymore and you're most likely also beyond raising a seed unless you've either been extremely lucky and instantly had it on your first product version or done **very** extensive research before.

  • @dotpenji
    @dotpenji 8 місяців тому +2

    Great content! What was the most challenging aspect of this journey, and how did you manage to overcome it?

    • @DenverOrtiz
      @DenverOrtiz 8 місяців тому

      Absolutely right @dotpenji! Kudos!

    • @motivatedbeastph
      @motivatedbeastph 8 місяців тому

      I've noticed a noticeable improvement in the quality of your content. Keep up the great work!

  • @autocomforts
    @autocomforts 3 дні тому

    How important is it to have business plan, cash flow forecast etc as separate documents?
    Should just a pitch deck that touch on business plan and cash flow suffice when approaching the investors? Particularly for a pre seed/ seed level startup?

  • @kiranroice7006
    @kiranroice7006 8 місяців тому

    Congratulations buddy🎉

    • @jayhoovy
      @jayhoovy  8 місяців тому

      Thank you Kiran!!

  • @UNKNOWN-1589
    @UNKNOWN-1589 8 місяців тому

    Class video

  • @anmga7100
    @anmga7100 8 місяців тому

    Love from a Vietnamese to you

    • @jayhoovy
      @jayhoovy  8 місяців тому

      Ahhh! I've always wanted to visit Vietnam! Hope you're doing well!

  • @SamTheManager_
    @SamTheManager_ 6 місяців тому

    Thanks for this! Did you go straight into priced rounds or did you explore SAFE's first?

    • @jayhoovy
      @jayhoovy  6 місяців тому +1

      I went straight into priced but SAFEs are a really great option I recommend!

    • @SamTheManager_
      @SamTheManager_ 6 місяців тому

      Thanks!@@jayhoovy Were you not worried about future down rounds by guessing on a valuation that early? Always curious about that.

  • @martingchao
    @martingchao 8 місяців тому

    Great video

    • @jayhoovy
      @jayhoovy  8 місяців тому

      Thank you Martin! Appreciate the kind words!

  • @you_are_welcome97
    @you_are_welcome97 8 місяців тому

    This was great

    • @jayhoovy
      @jayhoovy  8 місяців тому

      so glad to hear! let me know if there's any other topics you want me to make a video on!

  • @Galbra1th
    @Galbra1th 8 місяців тому +2

    Crushed it! I had no idea Michael Ovitz angel invested in you! He’s all over a book I’m currently reading “A-List Angels.” Don’t think you could create a better angel in a lab haha

  • @plaumarbusiness6244
    @plaumarbusiness6244 8 місяців тому

    love it :)

    • @jayhoovy
      @jayhoovy  8 місяців тому

      Thank you!! :)

  • @namsan329
    @namsan329 8 місяців тому

    A fan of crypto I see. Great video Jay!

    • @jayhoovy
      @jayhoovy  8 місяців тому

      Long term bullish on Web3 - hoping you guys can build us out of this crypto winter :)

    • @namsan329
      @namsan329 8 місяців тому

      All eyes on us penguins, we will build and prosper for the greater of web3!@@jayhoovy

  • @MrSnazzy682
    @MrSnazzy682 2 місяці тому

    Ho much equity did you have to give up to the VC? You haven’t mentioned that yet

  • @dr.z8378
    @dr.z8378 8 місяців тому +1

    You are awesome.

    • @jayhoovy
      @jayhoovy  8 місяців тому +1

      YOU are awesome Dr. Z :)

  • @viniciusnogueira4368
    @viniciusnogueira4368 7 місяців тому

    Can I raise money without having the product? In Shark Tank they always come up with a final product but what I have now is just drawings of what I want the product to be

    • @jayhoovy
      @jayhoovy  7 місяців тому +1

      Ideally you at least have a prototype with some traction!

  • @aweys-hm3wh
    @aweys-hm3wh 8 місяців тому

    hey! love the content but cant find the pitch deck??

    • @jayhoovy
      @jayhoovy  8 місяців тому

      check the video description!

    • @aweys-hm3wh
      @aweys-hm3wh 8 місяців тому +1

      there is so much missing, for example the creator economy market size?@@jayhoovy

  • @Reggaeshark.
    @Reggaeshark. 7 місяців тому

    How do you send a pitch but not reveal enough for them to steal your idea? That’s my biggest worry

  • @MySaluto
    @MySaluto 8 місяців тому

    Рад, но не от всего сердца :) Кто-то же еще вкладывает в рассылки, обалдеть

  • @user-uy1ju3pt1f
    @user-uy1ju3pt1f 8 місяців тому

    Bro i literally find myself Waiting for every video like it's an episode of GAME OF THRONES 😂

    • @jayhoovy
      @jayhoovy  8 місяців тому

      Hahaha as a GOT fan that actually means a lot lol. Really appreciate the support!

    • @user-uy1ju3pt1f
      @user-uy1ju3pt1f 8 місяців тому

      💪

  • @iammilorex
    @iammilorex 8 місяців тому

    I think Stan could benefit from a partner to fast-track your growth curve.

  • @user-uy1ju3pt1f
    @user-uy1ju3pt1f 8 місяців тому

    Hey man, it's been 6 days, feels like a year. When's the next upload, looking forward

    • @jayhoovy
      @jayhoovy  8 місяців тому

      next video coming out in the next 24h!! stay tuned!!! and appreciate you being so excited to tune in!

  • @embersandash
    @embersandash 8 місяців тому +1

    Why are subtitles in Spanish ?

    • @jayhoovy
      @jayhoovy  8 місяців тому

      Fixed! Should be available in English and Spanish now.

    • @embersandash
      @embersandash 8 місяців тому

      @@jayhoovy thanks 🙏🏻!

  • @1-person-startup
    @1-person-startup 8 місяців тому +1

    you look burned out. hope you are taking care of yourself

  • @proudz
    @proudz 8 місяців тому

    You forgot the first step: having rich parents.

    • @jayhoovy
      @jayhoovy  8 місяців тому +3

      Grew up with a single mom as an immigrant - but cheers :)

  • @EricMazataud
    @EricMazataud 8 місяців тому

    Amazing, thanks @jayhoovy
    😍

  • @drgLACity
    @drgLACity 8 місяців тому

    Hi John, amazing pitch deck! Thanks for the great ideas. I’ll definitely be using it. I’m near Venice…(Redondo Beach). Let’s grab coffee at the Cow’s End sometime! Sending you a LinkedIn

  • @siddhantswaroop6057
    @siddhantswaroop6057 8 місяців тому

    appreciate you telling us mark cuban's email id