The video offers a counter-intuitive but practical piece of advice for entrepreneurs seeking funding, presented in a concise and engaging manner with clear on-screen text.
Summary
The speaker advises that when seeking investment, it's more effective to ask for advice rather than directly asking for money. By making investors feel useful and excited about your idea, they are more likely to provide financial backing.
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Transcript, structure and on-screen text
4 beats, a 78-word transcript and 24 lines of on-screen text — the parts you need to write your own version.
Why investors keep saying NO… 😬 I've backed more than 80 companies and the founders who got my cash never asked for cash, they asked what I thought. Make an investor feel useful instead of just rich and they'll want to be part of what you're building. #simonsquibb #marketing #vc