Lessons from a Failed Capital Raise with Dave Dubeau, Ep. 444
Multifamily Insights - A podcast by John Casmon
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Dave Dubeau helps real estate entrepreneurs to scale their portfolios by attracting investors/jv partners and their capital instead of chasing after it. He created the Money Partner Formula process that raises 6-figures (or more) in 6-weeks (or less) by getting the right investors to come to you. Dave is the CEO and Founder of Results Enterprises Inc. / the Money Partner Formula which offers a proven strategy to help clients find their ideal investors. They help investors raise capital quickly to grow their real estate portfolios. He is also a passive investor, best-selling author, and sought-after speaker. We talked to Dave about how the money partner formula works, what to do and what not to do before raising capital, the logical way of marketing, and much more! Groundbreaker: Click here to learn how to raise more money and speed up the syndication process by 80%! [00:01 – 04:40] Opening Segment Dave talks about his background; How failing helped him improve the capital raising process; [04:40 – 20:57] Meaningful Relationships His first failed capital raise; How he came up with the money partner formula; Understanding why Dave’s first capital raise failed; Dave breaks down the money partner formula The importance of setting the stage before trying to raise capital; [20:57 – 35:29] After The Capital Raise Warm Up What to do after reaching out to people for capital raise; Why you need to keep the marketing simple; The reasons your marketing needs to be educational and entertaining; Why you shouldn’t depend on your marketing to sell; How a soft commitment or a non-binding expression of interest can help; Announcement: Download Our Sample Deal and Join Our Mailing List [35:29 – 41:47] Round of Insights Apparent Failure: The business he started in Costa Rica; Digital Resource: Having your own website Most Recommended Book: Who Not How Daily Habit: Exercising #1 Insight for Raising Capital for a New Investor: Don’t wait until you’ve got the deal on to go to try to raise capital. Best Place to Grab a Bite in British Columbia, Canada: Korea Yum Yum Chicken Contact Dave: To learn more go to daviddubeau.com. Click here to listen to Dave’s new show “How to Raise Capital 101” Tweetable Quotes: “When it comes to capital raising, keep your marketing super simple." - Dave Dubeau “The goal of your marketing is to create curiosity” - Dave Dubeau Thank you for joining us for another great episode! If you're enjoying the show, please LEAVE A RATING OR REVIEW, and be sure to hit that subscribe button so you do not miss an episode.