You would assume that when you hear of a business owner selling equity in their business they are after only one thing… cash.
However, a new survey reveals something completely different.
A survey carried out by Angels Den, an investment network, discovered that 76% of business owners want a deal from new shareholders that comes with mentoring and business advice. Just 12% of those surveyed said they wanted cash and nothing else.
This is an encouraging finding because it shows that the majority of those selling equity realise there is an accountability or skill gap in their business and it needs to be filled.
Investors come in two guises: a passive investor who simply hands over the cheque, goes off into the sunset and waits for the annual dividend cheque; and then there’s the active investor who spends a day a week, a few days a month or even more frequently imparting their knowledge, skill and support.
When a business is growing there is no substitute for having a team around you who can provide input without the shackles of being blinded by the day-to-day issues.
Don’t just chase the cash; find those with cash and skills… a winning combination.
Hi Rob, it was so interesting and entertaining listening to you at the Kevin Green Wealth Coach Workshop in Reading this weekend! I didnt realise you can find Finance proposals such fun!. Brilliant tips! Thanks.
I wanted to thank you for such an insightful, energetic, and entertaining talk at the Kevin Green Wealth event on securing funding and creating a successful plan. It was brilliantly executed and a pleasure to listen to and the ideas I’ve learned are definitely going to help me in going forward.
Rob delivered a series of 3 workshops aimed at understanding how finance houses look at finance propositions with the aim for us as a team to deliver more of a bespoke offering to our customer base. The training was delivered to a mixture of staff who work with new businesses start-ups and existing established businesses across Mid & South West Wales. Rob delivered the training with an abundance of passion and has really helped my team look at financial propositions in a different light, many thanks again Rob and I look forward to work with you in the near future.
Further to your recent presentation at LEAD Wales just wanted to say it was very refreshing to see somebody talk passionately and positively about finance, very insightful!
Rob kindly agreed to attend the recent Pontypridd RFC sponsors networking evening and delivered what can only be described as an excellent talk on 5 Tactics to Boost Your Business and Your Profits. He kept the audience engaged throughout and the feedback from everyone was excellent. Rob is very knowledgeable on business and finance and on top of that is a genuine nice guy. We hope to have him back at a future event and I have no hesitation in recommending Rob’s services.