Bending Rules -- Entrepreneurs Pete & Eric talk about strategies to finance and importance of "seed" capital and various options to attain

21/03/2024 1h 35min Temporada 1 Episodio 10

Listen "Bending Rules -- Entrepreneurs Pete & Eric talk about strategies to finance and importance of "seed" capital and various options to attain"

Episode Synopsis

Probably one of the most difficult aspects of starting a company is financing, and depending on your options and choices will make or break your success. Pete & Eric took very different approaches to "seed" capital. In this episode they will explore the various trade-offs in doing so.

2:00 -- Seed Capital Intro; value of $$, pitfalls, trade-offs with debt and equity. We'll open with Eric's story and how he build on his initial investment decision.

7:08 -- Role of leverage and risk tolerance

25:03 -- Challenge of raising seed capital. Why it's so difficult and what you can do to overcome hurdles.

30:13 -- Importance of personal investment. How much is enough?

40:34 -- Passion and bringing in outside investment

57:35 -- Challenge of "self-assurance"

1:05 -- Reflecting on past decisions, what would we change (from financing perspective)?

1:19 -- Value of money in contributing to "joy" in life -- limitations, etc.

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