Kim Lisa TaylorSecurities Attorney, Founder, Syndication Attorneys, PLLC · Corporate Securities Attorney, 2x Best-Selling Author, Nationwide Speaker | Private Placement

Building Investor Relationships: Patience Pays Off

28 Jun 2024 · 1 min

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In this brief segment, the speaker emphasizes that investors are more likely to commit funds once a trusting relationship has been established. They explain that potential investors may not be ready to fund the first opportunity presented, but could become interested in later deals after gaining confidence in the entrepreneur. The speaker advises consistently following up and keeping communication channels open, recognizing that some investors simply need more time to decide how to allocate their capital.

Chapters

People are more comfortable investing once they have built that relationship with you, who you are working with and who you're discussing things with. It may take a little while for them to feel comfortable with you to want to invest. So they may not be willing to or ready to invest in deal number 1, but they may show up and pop up and ready to deal— invest in deal number 3. So, you know, you just have to, like I said, make sure you always follow up. Um, you know, and keep the lines of communication open with your potential investor. But you really— some people, it just takes them time to decide on how they want to, you know, spend their money.