Cecil Robles's portfolio of businesses generates over $10M in gross annual revenue
Cecil Robles · He Still Made Money on the Deal That Cost Him 8 Figures · May 21, 2024 · at 2:12
Serial entrepreneur Cecil Robles outlines the financial scope of his business operations and consulting firm portfolio.
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“I would say as far as gross income per year as a whole, our businesses are over ten million dollars.”
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“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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Robles: Making money is easy, but managing money is difficult
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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…”
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“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”
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“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…”