Capital Raising

We wanted to start Black Sheep Ventures off with a solid foundation from the get go. All the businesses I started in the past were bootstrapped. Thinking back to those days, I remember some of the difficulties involved with not having a good amount of capital upfront. While real estate can definitely been done from a bootstrapped starting point, my vision involves a lot more from the get go which will inevitably call for more money upon startup.

The main reason for this was on the basis of this being the only thing to focus on. I’m done with the side hustles as the added stress to how my life is currently structured wouldn’t be the greatest addition. The goal is to be able to jump headfirst into the deep end without the distractions of a primary job.

One of my business partners will play a pivotal role in how this whole thing launches. He comes from a business and background in construction that does $100M a year out in LA. The connections he has are endless and with his endorsement on the project we will have some much needed momentum right out of the gate.

So, our goal at this point is to sharpen the plan and start setting meetings. This next week (Nov 17-23) we plan to sit down and hash out the granular items that will make Black Sheep Ventures both thrive and attract the right partners.

It’s funny, because while this wasn’t exactly how I had envisioned it playing out, ultimately it will prove more beneficial to our success. I’m a “ready to go” kinda guy, sometimes to a fault, so when timelines get pushed a bit further than I’d like I usually look back and realize the necessity of such direction.

I’m looking forward to next week’s step as I believe a lot will come from our sit down. It’s pretty awesome having someone on your side so successful to share in a vision and be just as pumped for it.

To the moon!

BH out.

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