“I've met very few people that can separate that out. You know, I do believe that there are some, and most of them are narcissists.”
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More from Cecil Robles
Insight
Robles: Building a worthwhile company almost always requires raising capital
“Because, you know, in the life cycle of a company, you know, if you're doing anything worthwhile, you're going to need to raise money unless you're just one out of a million that bootstraps it and hits, you know, the big time from the start, that's very few an…”
Cecil RoblesMay 21, 2024▶ 9:34He Still Made Money on the Deal That Cost Him 8 Figures
Insight
Robles: Making money is easy, but managing money is difficult
“I don't think making money is that difficult. I think it's actually an easy thing to do. But what I do think is difficult is managing that money and then having a plan for what that money is going to do. And that's a very difficult thing for most people to han…”
Cecil RoblesMay 21, 2024▶ 47:55He Still Made Money on the Deal That Cost Him 8 Figures
Insight
Robles: Venture capital forces founders to surrender excessive equity and control
“When you fundraise through venture capital there's generally a lot of caveats tied to you getting that money. And as a founder, you can give up a significant amount of control of your company. You generally have to give away board seats. You will likely have t…”
Cecil RoblesJul 19, 2022▶ 9:31Turn Your Customers Into Investors Before You Ever Talk to a VC
Insight
Robles: Most company problems stem from internal personnel rather than external forces
“When you're looking at, you know, in your own company problems, a lot of problems arise from, you know, people in the company. It's not like external forces most of the time. It's mainly the people that you're interacting with on a daily basis”
Cecil RoblesMay 21, 2024▶ 40:04He Still Made Money on the Deal That Cost Him 8 Figures
Insight
Robles: Reg A eases fundraising but brings high costs and reporting
“Well, we'll say it's less of a headache from the standpoint of raising the dollars. It's not necessarily less of a headache from the standpoint of what you have to do to get there, the cost factor, as well as the reporting factor, the reporting requirements af…”
Cecil RoblesJul 19, 2022▶ 8:34Turn Your Customers Into Investors Before You Ever Talk to a VC
Insight
Robles: Regulation A offers a more cost-effective pathway to public listing
“If that's the direction that the company desires to go, or it's the right fit for that, it gives them a direct pathway to a public listing. That's much more cost effective and not necessarily easy to do, but it is more cost effective. And it allows them to go …”
Cecil RoblesJul 19, 2022▶ 11:39Turn Your Customers Into Investors Before You Ever Talk to a VC
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