And then they pull up the recording and they over optimized, but yeah, no, a lot, a lot going on. And I’ll, I’ll share the progress as this thing goes forward, but, uh, yeah, it’s not what I expected. So, um, so anyway, okay, let me get one call. All right. We have Ernest and Matt Johnson. Okay.
All right. It looks like Ernest has joined. Ernest, how’s it going there?
Oh, yeah. Can you hear me? There’s a cancer. Oh, yeah. Um, I just wanted to, um, start talking directly to the, um, to the debt lenders investors. Um, I don’t know what’s going on my sister. I just, cause I have some that I just contacted and I got a couple of responses. So. I wonder if I should just email. I just, I told him to set up a time.
You’re supposed to use a calendar feature to set up a time, but I don’t know where he was today, so I’m just like ready to just call them. So, in doing so, should I have the, like, the cold intro? I already introduced myself, but, like, someone would want to know, like, what I have. Morning progress, they’re looking at how am I going to feedback?
Yes, it should be fixed. Oh, no, I just heard something. Yeah, I’m looking. I’m looking to use them to make the M& A purchases. So, when I contact them, should I not mention that? Or just say I have something, so to find out exactly. Because they’re starting to ask, what do you have? What are you looking at? What’s the details?
Oh, yeah, sure. Yeah. So, okay. So let me just pin this down because you were talking about your assistant at first and now you’re asking what to say to get them on a call. But then that’s basically the 2nd question, right? No, I have the phone numbers and emails. I’m saying I’m I’m just ready to like, you know, contacting myself.
There we go. So I don’t know what’s going on. So I’m just ready to start to go in and contact myself. Okay, good, good. So, yeah, all you say is, um, so I mean, if so, I mean, I’d like to see some examples, but the point is to get them on call. So if they say, send me X, Y, and Z, send me X, Y, and Z, then just do exactly what they say.
But, you know, they, the point is that you don’t want to ideally, it’s better not to even send them anything is better to just get on a call them in my experience, just so you can kind of. Hear with their own voice. Um, because the call is always, in my opinion, the call has always been more valuable than the, than the text than the emails and the texting and the messaging, because the call, you can, you can even hear the tone of their voice and you can, you can read between the lines.
So, so anyway, so all I’m saying is. If they say, send me X, Y, and Z, if they’re like, like, send me a pitch deck or send me like more information, um, do exactly what they say, but otherwise the point is to get on a call. Um, so, I mean, do you have any specific examples so we can walk through some cases on what we can respond to?
Like, for instance, um, some just, some of them ask for details, some like, want to know, um, like, should I ask, no, should I ask, like, the principal or, or, like, I think. Lender or they work for a lender or they’re like in between. So, we got to get that out the way 1st, find out that the actual principle. Oh, you want to say, yeah, should I should I find out?
I went back to the. And, um, to the modules to figure out exactly what who to find out what their role is. Yeah, so I established that for us and then and find out, you know, are they going to be a lender or are they going to be, um, equity, you know, how they want to participate? Yeah, well, I mean, I wouldn’t really slow down the color.
Like, I wouldn’t really slow down the process or anything. I’ll just, um, you know, because we’re the ones who are asking for money. Right? So, like, I don’t really like slow down the process or try to see if they’re serious. Uh, at this point, I would only do that, like, after we have a lot of calls and then we’re tired of people that are unqualified, uh, then I’ll try to slow it down.
Um. You know, so because usually is this like, I mean, this is not a serious call. This is just like a 10 minutes discussion. And then ideally, the point is, you just see, like, where, like, what exactly they do, you know, just to begin with. So, I mean, and in that call, you can qualify them and they can qualify you.
And when I say qualify, it’s to see if they’re serious. Uh, so, I mean, yeah, no, I don’t, I don’t recommend doing anything deep or anything. Just, you know, 5 10 minute call. That’s really it. And then we’re just seeing if they’re open and willing to even help us. If they’re even in the world of what we’re looking to do, uh, with the projects that you like, do you lend to M& A acquisitions?
Just some basic, um, information gathering. And then on the second call after that. You know, then you’re, then you’re talking about all the deeds. That’s usually what we saw the most successful, um, in terms of, like, doing the calls. But does that answer the question? Yeah, because I don’t want the one of these people that I got, I kind of got on my own and not from your list.
So the information is already out there. I just thought I should start with those for it because I had my assistant sent out the email, but just got a couple of responses. So I’m just going to do what you said, just go in there and just have the front initial talk with them and see whether I see if they’re the right fit.
And after that, I can go to details. You know, on the second call, yeah, I just, yeah, I just found that it’s always, especially in this, this business, like just the people are more receptive to the calls. Are you able to shoot, share some examples so I can see, uh, what, what I would say, for example, responses
without giving away like the content information. Yeah, you can, you can redact it or if you, whatever you’re comfortable with, if you’re comfortable at all. Oh, well, I have to get back to you and pull them out. Yeah, that’s that’s that’s fine. So, so let me know and then we can give some, but basically it’s just real simple.
We’re just getting on the on the 10, 15 minute call to see if they’re serious, you know, before we’re not trying to slow down that process. We’re just trying to take as many as we can. All right. Okay. Yeah. All right. All right. Next person. Hear. Okay. Okay. No worries. Alright. So after, yeah, so after we had Kevin Jackson.
Kevin, how’s it going there?
Just checking in. Kevin, you here?
Yeah. Yes, I’m here. I’m, I’m listening in right now. I’m, um, not in a position. Um, I’m, yeah, I’m listening in. I, um, to the call. Yeah, yeah. No worries. Yeah, no worries. And then, uh, yeah, I remember we had, uh, after as well. So then that’s fine. And then, uh, and then if ever you have a question for Joshua Gogo, he’s, you know, a doctor as well, you know, feel free to, um, You know, chime in.
All right. And Peter,
Peter,
sorry, just step out real quick. Oh, no, no worries. No worries. So, um, I got a few updates from you, but yeah, take the lead. If you have any, um, questions, things to share. Um, I send in a pitch deck, um, on, I believe it was on Sunday or Saturday. I’ve, um, and so a friend of mine, cause. Previously, before I joined RAISE, I was trying to go, um, I, I was trying to do mining in Africa.
I was in Africa for like almost a decade, back and forth, trying to acquire a site. And I was close to acquiring a site. And I’ve already assigned a team. I got, uh, geology in place, software in place. And when it got to funding, the World Bank, um, the reason why I wasn’t able to get to the end of the project is because the World Bank said I have to have, Was keen in the game for them to fund the project.
And so that is the reason why I decided to Come back and do something in the United States. Once I’m able to do one or two project, then that gives me a chance to be able to say, okay, um, I have a skin in the game, then they’ll be able to fund, um, they can find as much as I want in terms of any project, any massive project in Africa.
But a friend of mine reached out to me last week and said, look, they know adventure fund. I might be able to help me. And that was the reason why I have to go back and and, um. Pick up on one of my old pitch deck, you know, uh, try to decrease the number of pages. And I sent that pitch that came to see if they can help me, um, uh, modify the pitch deck into something that I could send to the venture fund and see, they’ll be able to help in that site in terms of the project that I’ve been up.
That was, that was, I actually ended up living that project. Well, it’s about five years ago, but I almost got to the end of it because I wasn’t able to get the capital to proceed to the hand. So I stopped. Yeah. So. Okay. Okay. Okay. Thanks for the backstory here, because, because I mean, all of a sudden, this is what I think Parenda was telling me, because, because it’s a bit of a different jump than real estate.
So, I know, I know, I knew, I knew there would be a conversation about that. But that was the reason for that, because somebody reached out to me and I look. We know you were trying to get to the end of this project five years ago after putting so much work into it. But because the World Bank wasn’t willing to fund the project because I didn’t have a skin in the game, you know, and that was the reason why I ended up having to, um, you know, I even got a company incorporated of, um, geologists.
I’ve already found a site and all the work has been done. And just when it comes to funding, I even got to the point of having a quote from China in terms of the mining equipments that is needed to start the production of cements. Everything was in place, but you know, it’s always about skin in the game sometime.
And so that changed everything when I wasn’t able to get to the end of it. But it’s something that if I’m able to, um, raise one or two funds, yeah, or being able to, you know, be successful in all the things that we got going on yet, that definitely, I would definitely go back to it. Yeah. Yeah, fair enough.
And then, you know, we’ll be, we’ll be, we’ll be able to package that up and, and like, as long as it doesn’t take, um, cause I, I know that the Delaware application is still being fixed, but then as long as like, it doesn’t take away too much of the energy away from, uh, you know, the main thing then by all means, no, no, no, no, no, it’s not going to take it.
No, no, you, um, this is a dedication in terms of, yeah. Of these are all the things that in the last one decade, I’ve put a lot of time into it. I’ve expanded a lot of resources to get this things in place, but always come down to, um, I mean, you know. Uh, one or two success ads, but that that’s not going to change anything.
Yeah. Won’t change anything. Okay. Beautiful. Okay. We’ll get that done. And, and, and this last question is like this venture capital for, um, and you did do diligence on them and everything, right? Yes. Yes. They, they actually support lots of, um, you know, minor tech company in Africa, in Nigeria, in Ghana, in Cameroon, and it’s called aggression capital.
And they’ve done a lot. They’ve, they’ve, um, they’ve done a lot out of, uh, a lot of, um, um, you know, venture, um, products and, and, and Africa, and that’s been successful. And some of the companies have even gone public. And so I, I did, uh, due diligence on them. No, they’re not asking for anything. They just, um, they’re willing to, um, invest in opportunities in Africa and try to see, you know, how they can impact that continent positively.
So that’s, that’s the, that’s their goal. Yeah. Nice. And I’ll give it a shot. I’ll give it a shot. Let’s see what the outcome would look like. And if it’s a good outcome and I’ll let, you know, I’ll let everybody know. Yeah. But, okay. Fantastic. And where are they based? I’m sorry. Curious. They have an office in Lagos, Nigeria.
They also have offices in California. Um, um, they also have an office in London, so they’re pretty much, uh, uh, three offices. Yeah. Oh, good stuff. Good stuff. Yeah. And then we’ll still stay vigilant, even though you know them, because even, even if everything checks out, sometimes their terms can be aggressive.
So, but congrats on relationship and, um, and we’ll take care of that deck and anything else you need as we go. Okay. So it should be by a few days. Sure, then on my on my side, unfortunately, so hard to do business in Delaware. Like I told you, I have to do a restatement of the name because an agent was switched.
I have a new agent now. When it got to the point that, um, the agent, um, has reinstated the company’s name, the LLC has been reinstated, now for them to do a conversion, they’re telling me that they can’t do a conversion, that I have to do a conversion myself, and so the filing that I did four months ago has to be retracted.
So, at this point, it’s really frustrating, so… I’m leaning towards if days following that’s been completed, the filing does not give me a good outcome and time enough. I think I’m going to just have to do a dissolution and now just file. And you help he, um, um, incorporate a new LP in Delaware. That’s what I think I’ll do.
That’s what I’m leaning towards. Cause it’s taken almost four months and I’ve not been able to really have any kind of how come it’s so extremely difficult to do things in Delaware. So, but it’s unfortunate. That’s the best, but you can get things incorporated in terms of having the phone. Yeah. Yeah. And this is a learning because, you know, I wish if we incorporated like it would have taken probably like literally.
Not to market it, but not literally two weeks because the, we just use, um, Delaware Inc, which Harvard business services. And then we, um, we do the fast track. Okay. So, so yeah, cause if somebody wants to do the EID, the EIN is usually the longest part, but yeah, no, totally. Um, next time we know, and, um, and you don’t have to dissolve it before you start a new one, I think, I think you can just start a new one.
Okay. Unless the name, unless the name collides, I think I must’ve named collides with the current one. So if the LP, if the LLC is changed to LP, so does that won’t have an impact or doesn’t have an impact? I’ll look at where to change it. If I’m privileged to do a new filing, and at the end of the year, if I’m able to dissolve it for the end of the year, I’m not going to pay the franchise.
You know, I’ll be paying two franchise taxes, which is the existing company. I got to pay for that. And I’ll pay for the new one, but it’s okay. But what I’ll probably do is that was the reason why I’m trying to do the conversion so that, because if you look at it, I’ve, I’ve got that incorporated flag almost about six years.
And so, and that was one of the reasons why, because I was looking at the length of years that it was incorporated, that was the reason why I was trying to just keep it because of the length of year that has been in existence, but, um, If if I don’t get the response quickly now, I guess we’ll just do a new one and I’ll do a disillusion Before the end of the year i’ve paid the franchise fee for 2023 So I’ll just do a disillusion so that I don’t have to end up incurring the franchise fee for 2024 so it’s it’s just that It’s so unfortunate.
I they just make things really difficult. It shouldn’t be so but Well, not to get political, but it’s a government, right? So it’s really bureaucratic. Yeah. Yeah. Yeah. So, all right. So that’s that. That’s that’s it. So once once that is, um, if we end up, I have to do a new incorporation for now, um, LP and the, um.
The outreach, um, I’ve already set up the Google account that’s set up and so that we can do an outreach side. Let’s just keep setting things up that we got to set up the partnership agreement, everything that we got to set up so we can just go ahead and set those things up. And so that, um, it’s been 4 months.
I can all this. Um, roadblocks are the reason why things are just stagnant. So, okay. And well, I mean, we have to stay focused because it’s going to get, it’s not going to get easier. Like, we still have to talk to the actual investor. So, um, okay. So let’s just be careful. And as we reach out, but yeah, so when you’re, when we’re ready to go, then, then on the, on 1 of the emails and you can email us, there’s a place where we can edit the submission.
If there’s anything new to edit and we can update the track. When the drafts are approved, similar to how we did it a while ago, then we just go again and then you can start the operation and the operation. I mean, it doesn’t have to be complete when everything is 100 percent complete. It’s more just when the investor is like, serious about signing the agreements, you know, that’s usually when, like, you know, it has to be really seriously checked and everything.
But I mean, up until that point, nobody’s seeing your, your subscription agreement right now. Right? So, you know, no, no, no, no. Yeah. So bear that in mind. Yeah, you can let that slow down the outreach. Okay. All right, so i’ll so i’ll i’ll do that and um, and well, but the master the game plan So I guess that’s where we’ll talk about the game plan in terms of um, um, you know acquisitions and because it’s for me I I truly believe that i’m having a blanket fund real estate means that you’re having an acquisition you’re building So you have to be able to simultaneously do everything not just stuck on Yeah, because in that case, if you’re stuck on 1 side, opportunities can come your way from all direction.
And if opportunity comments all direction, you able to have the kind of outcome that you want. Yes. So fair. Fair enough. Okay. So let’s so I get the let’s stay focused. And then as soon as as soon as it’s ready, the same thing as always, we just. Update any drafts if updated if needed to be updated, or we have a little place where you can, um, submit the Delaware Inc, uh, incorporation to our website.
If you want, or just Delaware Inc dot com. We try to make it. Okay. We actually, we’re actually not profitable on that. On that form because Delaware Inc they cost like a 300 bucks. We, we would do it like a two something just as a, just to get a lot of people, you know, results quickly. So, uh, if you want, we can just do that for you or you can do it yourself and Delaware, Inc.
Okay. So you, you mean file a new help, just file incorporated in a new one in terms of the LP and just, uh, do a dissolution before the end of the year and, yeah. Okay. That’s it. Yeah, and just a little thing, like, even though we say incorporation is really we’re forming it because even the word incorporate means it’s a company.
So for just a small things like for partnerships, it’s we’re just forming it or creating it or, you know, just, uh, because some people would say, you know, I guess some, some purists would say, Oh, we’re not incorporating a limited partnership because it’s not a corporation. So just FYI, we’re just forming a limited partnership.
Uh, right away. So okay, but good stuff. And I look forward to seeing that come through. All right. Thanks. Yeah, no worries. No worries. Let’s see. Reginald. How’s it going? I’m all right. How about yourself doing? Well, just to quickly introduce you. This is 1 of the, uh, the group called. So this is the group call that we have.
And right here. I have Joshua go. Go. He’s, um, you know, he’s a fully, fully licensed, uh, chartered financial analyst, Ph. D, uh, tax expert. And he and I were just here helping anyone who drops in on this group call every Monday at 6. So nice to have you on here. All right. Thank you. Likewise. Yeah, no worries. And, and, uh, you don’t have to if there are none right now, but do you have any, any questions or just in general about, about the, um, about where you’re at and then maybe one of us can chime in.
No, I’m just still learning as we go along. I think I was just scheduled. Um, I might have a scheduled call with him. I think Wednesday at seven or I forget the timeframe, even tomorrow at seven or tomorrow at eight to go over that, uh, one transaction we’ve been working on. So. Oh, yeah. Yeah. That’s it. Right.
Yeah. That should be with, um, David Don. Either David or matter. Uh, so he gets, it gets rotated between those two. So, so good stuff. All right. So Josh, I have a quick, so I guess since it seems to be winding down, I have actually have a personal question and then, um, and then we can, yeah, and then we can talk about macro economics.
So I was just looking as, so as a business owner, I was actually looking at, uh, potential tax write offs. Josh. Um, so for everybody on the call, maybe, maybe feel free to chime in to Josh, but do you think office spaces and office buildings are actually a really good tax write off? Because can you, um, isn’t it kind of like a real estate investments that you’re not that you don’t declare as an investment?
You can just declare it as like, uh, like an expense or is it really a tax writer? How does that work? Well, you know, when it comes to expense, right? I Right. The key word is operations. Operations. Headquarters. Remember, um, there are, if you look at your cash flow statement, right, the, the, there is a cash flow, uh, from operating the, you know, cash flow from operations, cash flow from financing, cash flow from investment, right?
What it means. To have operations means that that is your core business. This is what you do on a daily basis. Right. So if you, so then the, the, the tax, the revenue agency, they are more liberal when you can tie expenses to income to revenue. Um, so then the only way you can do that is the source of revenue.
Now, if the source of revenue is within the operations. Of your business. So then what do I mean by that? A real estate, uh, investment company. This is what they do. Their operations is real estate investment, right? Um, a business operations, a business, uh, their primary source of revenue is the business operations.
Now, if you’re a real estate investment company, your primary business, It’s a real estate investment, right? And the test is usually, um, what is the percentage of your revenue is coming from your declared in your memorandum of incorporation or article of incorporation, you know, your object, your declared business operation.
Right. And as long as the expenses are around that declared business operations, then they have, you can, you can do that. Of course, the next set of tests that we do is they will look at similar organizations in similar business. and their average or median, the average or median expense ratio write offs.
If you’re way off, then you are inviting further scrutiny. But as long as what you’re declaring as expense and you’re trying to write off is within what businesses or organizations of similar activities write off. Then you’re fine. You don’t, you don’t show up on the radar, right? Remember that the revenue agencies, they don’t try to go to individuals.
Okay. What is this person? What is this company doing? What is it? No, it’s a risk. Um, it’s a triage. It’s a risk, uh, assignment process. So they pass your, your, your submission, your documentation. And it goes through the software and so if, um, the software throws you off as outlier on the basis of. What you do your object on the basis of what orders, uh, in similar, uh, activities do, then it flags you when it flags you, they look at you now, they focus on you, but if it doesn’t flag you, then you’re good.
And the key to not being flagged is to make sure that you are in the median you’re in the, you’re in the average not apply. Right. Yeah. Yeah. The second thing that will get you flagged. Is you’re driving a Ferrari down the road and the revenue guy is going, uh, down the street and, uh, is thinking, why is that guy driving a Ferrari?
So they take your number plate and they run it. Is it the way they come? So they run it through their system. He has it. He can do it immediately. Right? What he’s doing is. Whether you’re declared activity. So when the, the, the number plate is, is, is, is, is now true. It throws you up, not throws you up. Right.
Immediately, you know, there are fingers spreading from you, the individual and all your activities. This is the thing that people don’t know about, right. Activity. And then if. The car you’re driving, the life you’re living, right? In this case, the car you’re driving doesn’t Align with what you’ve declared the last year as your income or what your activities and all that.
Now you’re inviting scrutiny.
So these are the ways that you will show up as a, as a high risk person on their screen that will invite. Otherwise, there are 300 million people in the U. S. They don’t, they can’t go at that point. It’s a risk profile thing, and it’s, it’s the documentation, the data, the information you supply, or they pick up on you, on your activities, and they try to match it with similar things that will flag you as red or green.
So the key is to look boring and to do the things that Interesting. And make sure that your business expenses are mostly out within your business operations. So I, you don’t want to see what they don’t want to see is a guy, um, declaring that he’s a real estate management. Or a real estate investor, meanwhile, is declaring a lot of income through investment activities in fast food.
Yeah. And then he’s trying to write off those. No, they will, and it’s bigger than the, the investment, the profit or the rate, the income declared from fast food is greater than 5% The profit or the income declared in real, in real estate investment. Now there’s a mismatch because most real estate, uh, investment people will, will probably have more than 95% of, you know, that kind of the cash flow items.
Hmm, that helps a lot. And um, and thanks for that. Yeah, no, I was just, I was just wondering and um, I didn’t really, I wasn’t really aware of like the risk profiles to, you know, to that extent. I didn’t really know how far they went down and how much information they have on us. Come on, forget it. This is good stuff.
And I see, okay, I see Chamara pops in. Chamara, how’s it going? I just saw you popped in as well.
Chamara, it seems you’re on mute.
Sorry about that. Uh, I do. I was traveling, uh, going, um, that’s why, uh, I’m in LA. So just, uh, timing wise, a little bit, uh, difficult, uh, visiting my family. Uh, my mom. So, um, yeah. Um, okay. Yeah. And also I’m in the kind of basement. So that’s the thing. Yeah, no worries. So how are you guys doing? Uh, I know you guys are busy.
So, uh, um, I have a couple of questions. So the, my, um, VA, she told me that she called all the people. Most of them, the numbers that we have on at least us private equity side, uh, uh, there’s only one or two response. That’s it. I talked to only one company right now. So far. Yeah. Yeah. Out of that, that whole list, at least in us, I did not touch Canada nor UK or the other places or Australia, but should I go through with that set of people also and come back to you and give you a feedback or how is the general feedback right now?
Yeah. So generally we see like at least a call pickup rates around, is this really 20 percent call pickup rates? Uh, because like we do, we do cold calls, like for our company, so we’re doing cold calls. Let me check what our pickup rate is because when they say that they’re not picking, so is it that the phone number is invalid?
Which can happen because sometimes people move around and we’re getting a new list in october October 1st or is it that they’re not answering or which they’re not answering sometimes same number. Uh It does not add up sometimes. So that’s what i’m trying to figure it out Is there something that our v is doing something wrong or what’s the thing?
Uh, okay Okay, so there’s a few things so one Like for go high level, and if you can share your go high level, that’ll help because sometimes it duplicates just need to mute this. So for go high level, it duplicates the, um, the contacts sometimes. So sometimes, like, you import all the contacts. And then it sets up all the context.
So that’s one thing. And that’s, I don’t know if you fix that. So probably if you haven’t fixed that, I can take a look. And if not after that, you know, you know, it could be that people aren’t picking up our pickup rate is around. Like, it should be pretty high right now. This is the highest pickup rate time of the year.
So, yeah, it’s September. Everyone’s doing business, so it should be high, but it’s still not. It’s like, should be 20%. You know, and if it’s not that, then. And then we will get you an updated list. So those are the 3 things because we have an updated list. We’re preparing and we’ll get it over. Um, we can even get it over probably this week, but usually it’s October.
It’s every quarter. And because the list, they after some time, you know, we need to always update them every quarter because people move jobs. So what do you know? Uh, maybe if we can get the updated list this week, uh, once I go back to Atlanta, I will sit down with my VA and I will go through this part because I, I don’t have a good answer, but I feel like.
This is two people did it. One person left. Uh, I’m fine with that because he’s not doing anything much. So second person, he came back and he told me very similar thing. Um, so that’s why. Um,
okay. Yeah, let’s let’s let’s get you. Um, You know, we’re still cleaning it up for everybody for October 1st, but we’ll, we’ll just push it earlier this week for you to get the updated list for U. S. private equity. Okay. Okay. I’ll do that thing. Um, so you, you’re only calling U. S. private equity, right? Is that right?
Yeah, for now. I mean, that’s where, that’s where most of the, that’s where most of the action and the, and the action takes place. It’s usually in the U. S. private equity for the institutions. Okay. Yeah. So the, I don’t know how to say it’s good, bad, ugly, but this is what I have on the, let me share my screen.
Uh, um,
okay. Um,
how many you have on the home, US private ticket with the phone numbers? I mean, I know the total amount is, I mean, it’s well over a hundred thousand for the total, total, total amount, but then for us, like, I have to, we have to do a, like, I have to get like an admin or something to help me get that data out.
It’s just a lot of data. I have to. So the quick answer, I’m not sure, but like, on top of my head, maybe, maybe, maybe 10, 000, 5, 000, something like that. Really? Maybe something like that. There’s something, something’s not adding up. Okay. Okay. Um, yeah. How do I, when I’m traveling, I use my, uh,
I cannot share my screen because I’m using a Mac book when I’m traveling. So I don’t know why I can’t, I’m getting error message. Okay. Maybe you have to do permissions or something because, uh,
yeah, yeah, you should be getting a 10 percent basically 10 percent called to pick up rate. So one in every year. Yeah. Numbers. Okay. I cannot turn on the firewall.
Something’s not adding up. I cannot share my screen. I’m getting a message from the… Um, is it from the, uh, desktop 1 security privacy ground to the access.
I can’t change it something. Give me 1
second. I had to restart the zoom. I’ll join within 1 minute. Yeah, no, no worries. No worries. All right. We’ll be here. All right. We’ll just wait for him. I guess. So, so I guess while he’s getting that set up. Um, so Josh, do you notice any, um, have to be any shifts in the market with, uh, you know, with regards to interest rates or do you notice anything there?
You’re on mute.
I wouldn’t say no. I wouldn’t say I know. I would probably say I have a perspective. So, I don’t check it. I don’t check it that much all the time either. Basically, the knowledge, you know, I, where I’m coming from is no one really can claim knowledge of what is going to happen or what is going on. Right. Um, but, If you look at, uh, the interconnectedness of what is going on in the world, right, um, we can continue to say that maybe the cheap money in, uh, in the U.
S. It’s probably okay. So I want to share it. Oh, yeah. Tomorrow popped in, which is good. And that’s fine. Go ahead. Let me stop sharing. Uh, uh, go, uh, go, Mr. Google. Okay. So basically, we can say that, uh, you know, cheap money is, is, uh, is almost coming to an end. And you see, because we’ve spent the last. Um, almost 16, 17 years, right?
Um, seeing very cheap money that’s low, very low interest rate. This is almost a generation. So there’s a generation of investors, um, assets that is asset investors or business. Uh, borrowers, uh, that think or believe and have the only experience of cheap money, which pretty much started in 2008, right?
Anyone who had an investment or whether buying real estate or started a business, a business borrowing will, will, will let you. Um, I mean, even if they try to forget or understand the fact that before 2008 interest rates were this way, that is immediately preceding the financial crisis. This is where interest rates where this is right.
So, um, buying a house at 6%, 7 percent interest rate that we think is strange today. Right. Was really pretty good interest rate before 2008.
So, how did we get to the point of, uh, very cheap money? Because, as a society, we lost the levers of what made our economy thick. That is production. We forgot that, uh, production real, the real economy, not the financial economy, not money and um, and interest rate. But the real productive sector, we forgot about it.
It went to China. And so the only areas of creating wealth were real estate and the stock market, not in real, except in oil and gas investment, which is big in the us. Every other part of the U. S. Well, I’m talking about the U. S. Because it’s really the engine for most of the Western economies. So most of the part of the U.
S. It’s intellectual property of the U. S. economy became intellectual property, financial capital, which we were exporting to, to convert to goods and services, which we imported back. And then the real estate and the stock market, just creating wealth in an unreal way. So basically, because I think you discussed this earlier, like, you know, the software and and and tomorrow just bear with us.
We’re in 2 minutes. So then where we are moving to right now is that part of the economy that says, okay. Um, we don’t, we’re not doing business. We don’t want to do core business with, uh, that is high technology business with China, China is going to impose quite a bit of sanctions to get back as they call as they come out of their shock, we’ve already seen that with Apple, right?
So as Huawei is getting back on the technology, uh, pedestal, that is. Parity, what did we use to create, to create a market for what ways to impose sanctions, also sanctions on the U S telecoms or us phones, as we’ve seen it. So that, yeah, we, we put big bag, the big pick, uh, up the, the, the market that they lost when the U S imposed sanctions on them, right.
It, you know, so
this is how this cycle we continue as we move through. So. In terms of where the interest rate will be, it will come down, it will come down, but not by, uh, the much it rose. That is, we’re not going to see 0%. We’re not going to see 2%. In fact, we’ll probably be bouncing off 2. 5%. Up no longer 0%. And then we will see how that goes, right?
If that is supporting the economy, it will be there. Otherwise, it will come back. Um, inflation will, will come down, but high prices will remain. So this is where sometimes people misunderstand the difference between inflation and, and the level of the price, right? You can look at it with driving a car.
Acceleration and velocity are different. Yeah. Right. Speed are different, right? The price level is the speed. Acceleration is inflation, right? So you can, you can go from low speed. Imagine you are to stop at a light, right? You have to accelerate to the speed limit. And then you don’t accelerate again. If you accelerate past that, you get a ticket, right?
Because your speed is now higher, but your speed is now high throughout the journey. You’re not going to go back to zero. If you go back to zero, then you’re not traveling, right? Yeah. So this is where we’re going. So inflation raises the price level, but inflation is a matter of how fast the price level is increasing.
Right. If the price level is increasing faster than the rate of increase of wages, then people cry, right? But once the price level gets to that a high level, even without doing anything, inflation, we go back to normal, that the normal means is growing at the level of the growth of the economy, but people must get used to high prices.
Right. What we remain is everybody must work to, to increase income. So rate of increase in income, rate of increase in wage at that point would probably be higher than the level of inflation. So increasing in wealth and increasing income, we not rise to match up the level of prices. Because we are not able to, we remain poorer than they were.
Those who are able to, will be able to get back their consumption power, their, their, and then they are fine. Right. So this is what we’re going to be facing, facing this, this adjustment process. Back to high price level, high gas prices, out, high consumption, uh, good price level, you know, that’s what we need to, we are going, we’re going.
And, uh, secondly, the second thing, the third thing we need to worry about is that, However, we try to bring back manufacturing. Manufacturing will never come back to the U. S. again, unless we are ready to pay, uh, people 30 an hour to manufacture, but I can tell you, as long as there’s somewhere in the world where we can pay 1 an hour or 2 an hour.
To manufacture the same goods. It’s stupid for any, any business person to try to manufacture in the U. S. when the competitor is just going to manufacture at one dollars and send it to the U. S. When you go to Walmart or Target, do you check where the goods are coming from? I don’t care. You don’t care. All you’re doing is functionality and price, right?
It serves your purpose. The price is right. You buy. And so all is, is political to begin to say, Oh, we are bringing manufacturing back. We are going to bring manufacturing. The only way we can do that is to tax everybody. To subsidize that even those who are saying, bring it back. We not buy.
And that would be, that wouldn’t be in the business best interest if they get taxed for doing something that can cause them to lose money. So it’s exactly, we’ll do that. That’s why even Elon Musk is building mega factories in China, and he’s not listening to anybody saying we must produce it in the U S no, he has to sell to 1.
4 billion people. And he has to be able to produce it at a rate that, uh, at a price that they will be able to buy. If he tries to produce it in the U S at us cost, you will not be able to sell it. And Chinese manufacturers would pick up the market and the market of the rest of the world.
You say such a logical, um, argument. So, so, so this makes a lot of sense. And then I can see tomorrow I’ll circle back with tomorrow’s thing. And then, and then we’ll close out, uh, you know, by, by finishing with. Uh, comparing this with what people should do if the interest rate has a soft landing, because I’ve been hearing this a lot, um, from other people that are bankers, you know, mostly in New York, they’re saying, oh, yeah, we know we expect the interest rates to go down, but now it’s down.
So that’s consistent with what I heard. I don’t know the answer myself, but I was trying to pick your pick your mind tomorrow. Let’s share the screen and let’s uh, yeah. Yeah. Sorry about that. Uh, figure it out how it works. Yeah. Okay. All right. Um, Okay, let me share the desktop so that make my life easier.
So, uh, let me go to the contacts. I think that will be easier. Let
me have one second. Here’s the filters. Okay. E market is just okay. So the tag is,
so I have like a 431. Is this very less? I actually don’t know. Uh, I have to check because, uh, yeah, because the marketing manager takes care of the database, but it looks like it’s an okay amount. Um, it should be a bit more. Because in the U. S. So if you think about in the U. S. I mean, we have thousands and thousands and thousands of people in the U.
S. who are institutional. So it should be a big number, but that looks like a subsets of that. But anyway, let’s just continue. So, let’s do this way. Once you update the list, right? Yeah, I’m thinking. I’m going to tell the new way to completely clean up all the, the data out of this, all the equity stuff and the, then from there, uh, I feel like.
The previous VA didn’t do a good job, uh, I had to, uh, let him go. Um, so, uh, I told him to follow the process and everything, but I don’t think he did it. Um, so, uh, lessons learned for me too, because, uh,
right. So this is, this is the whole challenge. So I need to probably clean up the data. Once I have that full set, I’ll upload the new set. Okay, let me do one better. So, if you let me control your screen. So, you know, let me control your, see if you can do a few things. One, let’s go, let’s go to the investor database right now.
Uh, in the portal. You’re right. So if you do that, you can do that. And then two, I can just quickly control your screen and then see if I can, um. Okay, I’ll give it to you. Yeah, uh, uh, how do I give the control part? So i’ll i’ll ask for it but uh in the meanwhile If you can just open up the accounts like the razors.
com accounts and then and then let me just get into the investor list And then uh, okay, you know, so yeah, so just go to the razors. com accounts log in and then uh, okay
What’s in my other machine? Let’s see. Okay, cool. So, okay, so lemme uh, remote control this, uh, oh, okay, cool. Oh, you have to do this again. New computer, eh? Uh, double click.
So it’s not a windows, right? So that’s the,
it should, it should be good. It’s right. Uh, can you see it? Can you move it? Yeah, I think. Okay. Cool. Am I good? Let me ask again. Uh, request stop remote control and request again.
Okay, so, yeah, let’s go to the list and then, uh, things have shifted around. We try to just make it a bit simpler, but so you just go here and scroll down. Let’s look at the newest list. All right. Yeah, this would take a bit of time here. That’s fine.
Yeah, this would be pretty long. No, that’s okay. There’s another 1. that’s a bit more chopped up. All right, so you see this 1 is a bit more, you know, chopped up, right? So, like, it’s not just all of it in 1 file. So, let’s let’s just test out the quarter 2 1, the quarter 3 1, and the quarter 4 1, you know, should be coming in October.
So let’s look at, yeah, let’s look at this 1.
Okay, I
guess I can edit. Yeah, so all we have to do, we just have to get, um, we just have to get 1s in from the United States in this 1. Uh, this 1 is pretty accurate. I mean, there’s Brookfield asset management and like, these are pretty big, uh, big firms. So anyway, so what I’ll do, I’ll just literally just download this and anyone that says they are in us, like, when, because, you know, to come with us, I’ll just add the tag of us.
So, so that’s what I’ll do with the V. A. S. And. Um, so that’s one, but the other thing I want to ask is when you call them, what exactly, uh, so some, a lot of people mentioned to me, Hey, this is, I won’t say that it’s not working, but they mentioned to me is like a lot of people, the phone number is not there when they call it, no one picking up, it’s just a voicemail.
Okay, so, so that should happen for like 90 percent of people, but, um, you know, there’s like 10 percent that it should pick up. So like if somebody is doing 50 calls a day, then they should get. Literally five pickups. Um, you know, so like, yeah, so I mean, it’s a bit of a grind. Is there, are they, are they able to, um, did they record their findings in the tracker?
Yeah. So if you go to the opportunities, uh, how do you find it? Uh, I know they, they’ve done a lot of things, so. Okay. Let’s see. Okay. Even the, these ones, Unread, the new one, Contagra, just double click this one. Yeah. Uh, see on King. Yeah. Yeah. Michael Hayden. Yeah. Okay, let’s see.
Okay. Let’s see here. This call will be recorded for quality. Oh, I see For quality purposes performance equity. Hi, can I speak with marsha? Uh, she is not available right now May take a message Okay. Okay. Okay. I got it. You’re getting you’re getting the assistant like, you know, the the secretaries, right?
Okay So yeah, we so let me see marsha. So that probably means we have to do two things. So one is We have to just get the the people that are the part and I think we already discussed this But we have to get people that are co founders founding partners presidents or founder uh, because I I think you know along the way, you know people that were Like assistants probably came in there and that’s one, you know So we have to test that out and let me just try to summarize you have a script that I can use it uh, pardon, do you have a
script I can use it for if there’s a gatekeeper or a Reception is there it goes through to their owner I actually don’t, but I just have more of a prevention. I tried to call. Yeah, I try to call before 9 a. m. or I try to call after 5 p. m. and that’s how we get around the gatekeepers. Um, you know, so that’s one way that, that we do it because otherwise it’s pretty, um, tricky to get around them, you know, before nine o’clock I can do that.
Yeah, so, but then the VA is doing it like, you know, I’ve been doing the VA is usually doing that. Okay. Yeah, that’s the best way that we got around the gatekeepers. But then that’s 1 2 is that we have to find the actual founders and so on because like, like, if we’re calling them, and then their actual number could be a gate because like, I have a virtual number and then really my gatekeeper goes around that anyway.
Okay. So, like, if you’re calling them directly, and then they still have a gatekeeper, then, yeah, we can try calling them after 5, because they usually pay their people just from 9 to 5. And then that’s how you get around them. Okay, so 9 to 5, they’re paying for the people. So before 9 o’clock and after 5 o’clock.
Yeah. Yeah. And let me let me just quickly. So I’ll just if it’s okay, I’ll just quickly. Summarize what we said here. So one, uh, uh, they’re starting to redirect to their website. Let me just make a new Google doc if it’s okay with you. Oh, I can’t make a Google doc. There we go. So one, let’s get VA to upload quarter two, 2023
list. I don’t even think we have a quarter three that that’s ready for you guys. I’m just, I don’t know. Okay. Yeah. So U S only. So that’s one to only upload. Founder, director, residence, and then that’s it. Again, three, call before 9 a. m. Time,
lunch. Sometimes we, we had some success with lunch as well,
or, uh,
and we can just call them as well to just check up and see how they’re, just to test how, um, accurate there is they are. So for us to check. All right. Last thing we can do is, uh, gets
be to use tracker. Uh, tracker. Yeah. I mean go high level is okay, but. Yeah. Let’s just get them. I told them to keep the track on. Yeah. Yeah. Because sometimes on the list on how many, uh, us people who have the phone numbers, can you get me, get me that number? So when they upload, I can go and said, Hey, I don’t think this number makes sense to me.
Or at least I can have a conversation. And also I can split between 50, 50, 50. There’s 400 people. I’ll break it down into a eight tabs of, uh, Excel file. Okay. So yes, they are calling on that number based on that. So just, I can keep, I don’t want to micromanage, but I need to, I think there’s, there’s no progress for the last three weeks or a four week period of time.
And I’m not much happy guy work three months. His contribution was absolutely nothing. I could not get anything out of at all. So I was like, what are we doing here? Wasting your time and my money both. So, uh, um, so yeah. Okay. All right. I’ll do it. Yeah, definitely. Yeah. Because you see, and another thing too, is like, like this VA, like.
You know, we so hopefully we’re not paying them. Um, uh, we just pay them once a month and then we have to like, let them earn it. You know, I mean, yeah, that’s, that’s what happened right now. Um, the new person joined. I told him July once a month. They can do it. Understand. They’ll find me anyone. I was very straightforward because I kind of like.
I won’t say they’re not working hard, but I just feel like the conversion rates are very bad. Not even 1%. Yeah, it should, it should be 10 percent because I mean, you know, because once the list is perfect, then, you know, it should be around 10 percent of pickup rate. And then 1 percent conversion rate is actually normal for cold call right away.
Right. Well, for when they called us, 1% of them are usually go over to the next call, but then for 10%, uh, when they pick up, only one of them usually goes over. Right. Right. So that’s the, that’s the thing I’m looking at. And I could not get any results. So I let them go. One person, uh, and, uh, I got two people, uh, four hours.
Four hours. They’re splitting between four hours. I’m trying to figure out who’s going to be there on a longer term. Uh, but let’s see. Okay. What’s it? Is it cost? How much is are you paying them? Is it like four dollars an hour five dollar and fifty cents? I think one is five. Other one is six. I’m sorry Yeah, okay.
Yeah. Yeah, no more than six. Okay
Is that too low or too high or average? That that’s that’s like no more you shouldn’t pay them any more than six. So like that’s like the max you should pay them Okay. Yeah. All right. Okay. All right. Last thing is to is like once, um, we’re calling them. Uh, so like once they’re doing a tracker, we can say that, Hey, if this many calls hasn’t happened, then, then, um, you know, two warnings and then they’re out because that’s how we incentivize them to do what they’re supposed to do.
Right. So for a four hours, how much calls they should do it in four hours a day. So my people, they do 80 calls in with an eight hour day. Can do. They can do 40, so let them, let them try at least 40 a day. 40 a day? Yeah. Okay. 40 a day for the four hours. Yeah. Let them try 40 a day with four hours. And then the pickup rate should be 10%.
Yeah. Yeah. So then that means that they’re getting, you know, at least four people to pick up the phone.
Let’s see. I hired a new guy. I told him to go through all the instructions, uh, the racist. com. He said he done with another person, Josh or someone else. I can’t remember exactly the name. Uh, I said, okay, that’s great. So you know, the, uh, baby operate with the racist. com work. So let’s see whether how it works on your end, how about you can bring into the table.
So that’s the dialogue I had with him. Oh, I know, I know. It’s Romel, right? Yeah, Romel, yeah, yeah, yeah. Is he good? Yeah, he’s, he’s good, but he did more. So just be careful. He did more LinkedIn, uh, because he was going out with, cause you know how you can either do LinkedIn or you can do email. So he did more LinkedIn.
So, uh, yeah. So, so he’s better than the last one you had, but, you know, he’s still, uh, he still has to learn how to, uh, you know, use the email properly because he didn’t use email. Joshua was going on LinkedIn. Okay, I didn’t start the email yet campaign, but, uh, with the you link, but I want to do the cold calling because that’s a straightforward answer.
You can get right out of the gate. Yeah, that’s why, um, I’m thinking probably once you get probably this week, I’ll give him like a trial run. Right? Then I want him to full full speed progress. Run with that. Yeah. Yeah, exactly. Emails work really well, too. So I think we have to, like, and just because we’re doing a call, we should also be doing the emails, too, because.
Um, you know, it’s not either or it’s like, when we do the emails, and then we’re getting more, um, ultimately. Right. Right. That’s the whole point. Yeah. Yeah. Yeah. Because when you’re doing the emails, they should write it down on the sheet. Like, okay, this many emails are sent out and then this many calls happen.
And then that’s how we’re able to know what what’s going on with the outreach. Okay. All right. Okay. Let me do the thing. I’ll, uh, tell him to go ahead and upload these things and start little by little. Uh, I won’t do him to catch up for this week. Also, I’m out, um, uh, for a couple of days. So once I come back on Monday and I’ll, I’ll, I’ll make sure he’s up and running.
Good. Yeah. Every week and every week we can decide like if they’re at performance, right? Because. You know, so then so that we were, we’re both learning and then next time, by the time we get to the end of the month, we’re not deciding. We can even decide, like, at the end of the week, if they hit their numbers, because 4, 8, 12, 16, uh, you know, 20, so 200 calls per week.
And then if the database is perfect, then it’s good. If the database needs work, then it needs work, but, you know, ideally they’re doing their input on what they have. So that’s right. So, okay. So, so I think Joshua, Joshua’s time, you know, pretty, pretty valuable here. So then I just want to, um, you know, give them the opportunity to, um, oh, yes.
Yeah. You know, so, and, uh, he’s been really amazing on these calls. So I think we covered everybody and Ernest had one question. How do you record calls? Well, I mean, to record a call, like go high level, I still got the other two emails I wanted to show you. I want to follow up with what Kamar was doing because my VA wasn’t doing that.
Oh, let’s see. Um, I have to share the screen.
Please. Yeah. Oh, well, as soon as I got this up, show this, like, he didn’t fill in all this stuff, like, Kamara had this filled in. Yeah. Like, uh, cause I sent him, like, responses. So I don’t know if he’s doing it right. Well, which I don’t, which I don’t instruct him to do anyway. So, uh, it’s really ambivalent because the real one, the real important thing is the tracker, the spreadsheet.
Oh, okay. And this is, um, well, I’ll share the responses I got. Um, these are the ones that I found on my own. I don’t think it’s on your list, but these are the ones I found through another source. Okay. Uh, you know, they, they wanted more information. This is after their initial email contact. Um, I got another one.
Let’s see if they want more details. Where, how much, all that stuff. Okay. Link, pull out stuff. So I, so I, I know what to, so I have, I have some recommendations. The first one, um, yeah, send them the, send them, send them one specific request. But then just say that, okay, this, you know, I’m working with several projects.
You always wanna say, I’m working with several projects because if they deny you, Then you can always use your next your next project so that they don’t just, like, treat you as somebody who’s just attached and married to 1 project. So, the quick thing I’m saying is for that 1st, 1, you know, say that. Yeah.
Say the details of the product say that you start with saying. Oh, sure, I’m working on on multiple projects. 1 of them is, and then you just say the summary of that 1 project in 1 sentence or 2 sentences, whether it’s debts or equity in the amounts that that’s really all you’re saying in the sector. So, let’s say, oh, like, uh, you know, a freight forwarding company.
That’s a sector 2M debts. That’s an example. Right? So the sector, um, amounts and the, um. To sector amounts in the, um, uh, and whether equity or debts, right? You know, but then, yeah, but that’s pretty much it. But just you always want to say that you’re working on many projects just so that they don’t, um, they don’t treat you as a 1 shot pony.
Uh, if they deny that request, then they’ll think of you as. Oh, you’re the, you’re the guy who I couldn’t fund for that one deal. Um, you know, and you don’t have like many, cause you want to make the ideas that you want to show them that you can make them money by saying that you have a big pipeline of projects.
Right. Okay. Yeah. So, so that’s just my two cents and that’s what I recommend. So does that, um, does it give you a clear kind of. Yeah. That, that, that answers a, that is, that’s a good answer. And, but when you were going to Kamara, is that, should the VA be making the fault call calls or should I be doing that?
Because I didn’t think of him making calls? Oh, no, no. The va Oh, oh. I, I had no idea. Like they, my, my rates are too high.
I was kidding. Yeah. Well, I sent, well, I’m staying in five. I hadn’t do the email, nothing came through the email until the ones that I gave him the like, I guess I have to go through guys emails and like the quarter, the one you typed up when a new list comes on. So I sent him those instructions, but he didn’t even log into these.
So I didn’t know, he didn’t tell me anything. So, yeah, it has been like five weeks and, you know, I don’t think it’s getting productive. So maybe I should have him do that. Yeah, I mean, the last thing anybody wants is to get like, I mean, to get cheated by a VA. So, um, there’s a, there’s a free time tracker, uh, in the instructions, it’s called team logger.
They install it on their computer and it tracks if they’re doing their activities, right? Um, it sends you screenshots of everything they’re doing on their computer and it uploads it for free. Um, can you, can you, uh, can you, it’s on the instructions? Yeah, exactly. It’s team logger. Now let me, it’s completely free.
And it sends screenshots of everything they’re doing. And, you know, I, I’ve recommended this from day one. It’s, uh, you know, because it’s just some accountability.
Is that from go high level? Is that from some other company? Some other company. And it’s right in the instructions. Uh, you know, it’s really, really key.
Oh, so I have to get an account in there and then have the VA do it. Yep. So you, you get an accounts. Um, and then there’s a way to give the VA access to the account so that they can view, um, the app and download the things to download. And then from there, when they download the, the, uh, program, you know, then they check in and check out.
It’s kind of like the clock in clock out. And when they clock in. It’s screen records their entire computer. It sends screenshots and videos of what they’re doing. And then when they clock out, it stops. And then you can see their activity level. Like, let’s say 20 percent active in this day. 50 percent active that day.
So, like, that’s how, um, when people are starting out, like, until we get that trust and company culture, that’s how we just get them, um, basically not get ourselves cheated here. Yeah. Okay, maybe I’ll have him do that next week then. Yeah, so it’s in, in, so see the instructions, this is step number two.
So I’ll just like tell him what, like what you said for when he first talked to him, like don’t get any details. Just like, um, so I have certain projects and you want to know if there’s any of your equity or debt and set up for the next appointment. Yeah, yeah. Yeah, you want us to say, say, so say exactly, give him what he wants.
Give him. Hey, I have many deals, you know, in several sectors. One of them is, and then it’s like 5 million. So the amounts debts required. So debts are equity. Of a freight hoarding company, that’s the sector and and that’s all you’re saying. And then, you know, let me know what what you so what would you need specifically are happy to fill out any forms if I’m able to see them and then you’re just going through their process, but ideally, that’s if they ask.
But ideally, you want to get on a call and then and then push for the call. Okay.
All right. So main next step is tomorrow. We’ll get you that. You know, we’ll get you the early 3rd quarter. And fourth quarter list. So there’s a lot of, a lot of information you’re going to get. Um, let’s get them on team longer to track, uh, everybody. It’s been a productive call and, uh, Kevin Jackson, right after.
We have another call that we booked right after just me and you. So if you’re still online, that would be that. That would be that. Okay. All right. And Joshua, thank you so much as always for your, uh, you know, for your perspective, it really helps out, especially for tax law. So it’s always appreciate. Thank you.
Thank you very much. Thank you. Everyone lessons learned. Don’t show off. Right. Right. Thank you. Thank you. Yeah. Thanks. I appreciate it. Thanks. Thanks. And I do appreciate guys. Yeah.
All right.
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What are these calls about?
At Raises.com, we work with thinker-doers who are setting up new funds or acquisitions.
We work together to solve their problems in closing their transactions.
This is for you if:
1. You need:
- To urgently want to set up a fund, or commence a larger acquisition
- Help finishing the legals/financials/securities to prepare a fund or acquisition and also as well as raising capital for one
- Have already invested in and/or syndicated minor real estate transactions but have not done a $10m+ transaction
2. Struggle with:
-
- Minor profit margins on small deals or syndications and want to work on larger transactions (funds or acquisitions)
- The unknowns, and lack of visibility from the complex world of high-finance to set up and close your transaction
- Allocating time and resources while preparing and executing a sophisticated, large capital raises
- Building relationships with investors with the mandate to finance your fund or acquisition
3. This is not for those who
- Work on pre-revenue prototypes or no-asset deals
- Have all the legals/financials/securities prepared
- Are not principally in US, Canada, UK, or Australia
If Accepted, You Will
1. Join masterminds
- Prior to joining Raises.com, many of our future members have never raised, more than $1m-$2m,
- nor do they have trusted institutional relationships on the debt or equity buy-side for eight-figure transactions.
- So, the same day that somebody joins Raises.com, we integrate members with Raises.com’s JV partners
- who are either investment banks or family offices, who can directly prepare and complete your raise.
- The result: you have a network of eight-figure plus capital raisers with whom you can build lifetime relationships and raise your standards
2. Ready Your Raises
- Prior to onboarding, many of our future members have may not have their information ready for an institutional capital raise ($10m+).
- For instance, many haven’t done a Reg D in the US, or complaint exempt offering in Canada, Australia, or other prominent commonwealth nations.
- Our consultants and chartered financial analysts can assist you in all the financial, compliance and legal paperwork
- to get members 95% through to completion so that you have the compliant offering,
- you have a personal CFA, (Charter Financial Analysts), to assist you with the financials,
- and testing all assumptions therein if needed on a 1-on-1 basis.
- The result: you have a clear pathway to having everything compliant and so you have as many routes to go as possible, even possibly going public with support along the way.
3. Start Raising
- Prior to onboarding, many of our future members have may not the contact information on investors with
- the same mandate, a team to delegate the capital raising to, and a system
- to predictably and quantifiable measure performance to get closed term sheets more systematically for an institutional capital raise ($1m-$100m).
- Many CEO’s do not have the time to be able to go out and do consistent outreaches and measure all of the metrics and do all proper reporting,
- so Raises.com has consortiums of trained appointment setters that are trained to assist you in hitting the markets
- by contacting the tens of thousands of investors from the offices, private debt providers, and so on,
- on our proprietary portal, underneath your company through the compliant structure securities council have created.
- The result: The capital raising process in your organization is systemized and delegated
4. Systematize, Delegate and Repeat
- With an extra set proprietary tools that can be delegated for somebody else to do, or you can do directly, for you to get, investors that even in our network.
- Leverage Raises.com’s online reputation into your capital raise for added traction.
- The result: countless avenues to continue to generated conversations.
5. Get added to the numbers
Raises.com has assisted firms in creating fund and acquisition vehicles for hundreds of people and raising
and closing an excess of $152m in under two years through direct, compliant channels. You will be added to the head count of raises closed.
Raises.com offers licenses for a select group of people to access a membership for a year.
We begin by mapping out a customized process for your raises from set up through to completion.
If someone qualifies for a membership, it will include:
- Raises.com branded creation of packages for all points in the transaction process
- (to convince sellers to be originated, to convince buy-side firms to take part)
- Trained remote staff and teams to work under your company during your raise
- Tens of thousands of compliant vetted investor contacts and data (equity or debt) updated weekly
- Software to autonomously build relationships with investors
- Resources, training and recorded conversations from mastermind members
- Private mastermind communities of principals raising $1m to $100m and beyond
- Capital raising-trained Chartered Financial analysts to finish your documents in as little two weeks
- Warm relationships to FINRA registered broker dealers, council, private equity firms and family offices
The price for annual membership is currently in the upper 4-figure range for those that qualify.