How to Increase the Luck of Finding Great Investors
Wondering how you can increase your probability of finding investors? Back in my dating days, I used to pray to God for the perfect girl to marry. But I didn't ask for some perfect, fairy-tale way of finding her. I've just asked God to put her within 100 feet of me, and I'll do the rest. All it took was paying attention to what was around me, and this can also be applied to building great investment funds.
It’s Like Finding a Spouse
Finding fantastic investors is like finding the right man or woman to marry. In maximum cases, people ought to position forth a whole lot of attempts to locate that special person. The same principle applies to finding exquisite buyers. Maybe you're not doing your part. Are you talking to everyone you already know? I have buddies that grew up with me; they went to the same colleges, church buildings, and universities as me. However, they by no means met these kinds of high-really worthy people that I met because they weren’t searching!
Make Your Luck
I like the analogy of the fisherman:
The longer the fisherman keeps his pole in the water, the more fish he catches. Skill, or talent, has less to do with catching fish than time and effort. How deep is your hook in the water? How often are you searching out opportunities to speak to potential investors?
Two years ago, I met a guy on a scout troop hike. I didn’t realize it ahead of time; however, he was worth 250 million bucks! Even when you go on a hike, are you looking for high-net-worth individuals? Having this kind of attitude will assist you in discovering investors. Put your line in the water. Go to a real estate investing membership each month. Attend pitching events. Go to charity events. Put in the effort. Go meet people. And keep in mind that the more you sweat, the more you get.