I said no to 30 million dollars that is The video that i’m gonna react to today So i didn’t do that although last week i Actually got an offer for one of my Businesses which is why i’m watching This video by the way we’ll talk about That more in a second first let’s take a Look at this video from shalom mobish Seems to be the ceo of lemlist i think That’s a cold emailing software so let’s Take a look One week ago we received a 20 million Offer from investors we won’t accept it And i’m gonna tell you why [Music] Three years ago i was chatting with a Friend about the startup we were Building he asked me how much money did We get from investors and i said zero He told me that it was not a startup Then that’s how it works apparently the Success of a startup yeah so if you’re Not familiar to especially the tech World silicon valley like a lot of these Companies they grow by having a great Idea they have a small team and then They raise funds they get investors Involved in Depends on how much money you get from Investors how much funds they raise However 75 percent of companies who have Raised funds which means we got money From investors Fail that’s eight
So eight out of ten Fail Okay so this could mean that when you Get money from investors you have this Pressure like you have you feel like you Have to succeed as well How can you get millions and still end Up with nothing let’s hear what chef Simon wants to say about it hello i’m Chef simon a company it’s like a cake Angato at the start each cofounder has a Piece of that cake when an investor Gives money to a company it’s generally For tourism First he wants a piece of the ghetto and Second he wants to use the money he Gives to cook a bigger cake agro-gato So what is it so sometimes like he Mentioned here they want a piece of the Cake meaning they see potential but then Also they have other ideas for what they Want to do Versus when you do something yourself You have an idea of something you want To do and you have this vision and you Just want to do that when you have Investors you take their ideas and their Pressure because they put money into Your business now they also are in the Decision making process so you you’re Not really in control anymore not the Same level that this company fails I’m gonna tell you why it’s because it’s Way more complicated to cook when there
Is another chef in the kitchen Can you make the cake of your dream if Someone tells you which ingredients to Use It’s not possible So i’ll guess i’ll chime in here because Like i said like i mentioned in the Beginning i had someone reach out a week Ago we’ve been negotiating for a couple Days now they want to buy my one of my Businesses maybe i’ll share more in the Future one of the things that i did was Like listing out like the pros and cons Of both and who i am as a person like That’s the main thing you want to keep In mind when you make the big decisions Like who are you what is it that you Want And then my friends reminded me like Ghost and what you do is when you start Something It’s successful as long as you have Creative freedom you have control Because you have an idea you want to do It and you work super hard to do that But as soon as someone tries to tell you What to do i do kind of what i want Because i value freedom i truly do and In business more so creative freedom and So let’s continue watching That’s what pushed me to stop looking For investors i know i can build a Profitable and ambitious business Scale faster than companies that have
Raised tens of millions of dollars we Decided with francoise to take our Company in a new direction but the media Only talks about the biggest numbers It’s the same success story over and Over again Even if this company yeah like imagine This Like ask yourself this question Would you rather have a small company a Small office small team Big profit margins and when you have an Idea something you want to do you just Change direction you go all in that way Like me for example we’re traveling a Lot this year i make decisions based on What my family me my wife my two kids What we want to do and then my main Focus is just family and customers and Clients and students Like we just do everything Fast like oh you need this thing let’s Create it and there’s not a lot of People involved and it like that’s Freedom to me so we had to outsmart them Do something Unexpected When i was a kid i was good at one thing Doing things that i can’t No Doing things that i shouldn’t you Shouldn’t eat too much guillaume you’re Chubby kids i was i love that he’s so Relatable that he’s just being himself
This is what really got him to where he Is today is just being himself and Following his passion taking those risks And investing in the business then not Looking for the money the quick fix just Long-term mindset and we can do this Believe that this is possible You shouldn’t play basketball you’re too Small yeah i was you shouldn’t grow a Mustache it would look I did you shouldn’t build a business With your dad put pressure on him and Ruin the relationship with the person You admire the most i did that too But all these things made me become the Person i am today Which made me wonder What can we do that we shouldn’t We needed to get noticed so we decided To raise funds publicly and then turn Down the offer we’re using all the That’s That’s uh that’s bold so you decide to Raise funds to get publicity but then You turn down the offer i love that Visibility that we built in the last Weeks in order to show a new type of Success story We want to encourage all the profitable And ambitious companies out there for This we got in touch with an investor Pascal She liked our vision even though she Knew we wouldn’t take our offer we did
Everything a company should do in order To get an offer like this data analysis Pitch meeting sharing our numbers and All of that was extremely exhausting one Week after that we received pascal’s Offer 20 million dollars at the 100 Million dollar valuation but there’s one Thing we didn’t like by the way before We go into to the next part here one Thing that i’ve learned with sas Valuations Is they’re super high like just take the Revenue that you’re generating you could Easily have a 10x valuation From there so he’s talking about 100 Million valuation already And this was over a year ago so i don’t Know what it is today but yeah sas Huge valuations doing this in public Brought us a lot of attention much more Than we expected we received more than 50 emails from investors we didn’t even Know but that’s not it something big Came up another investor reached out to Us Francois and i were offered 30 million Dollars 15 million could go to the company 15 Million dollars directly in our pocket That’s 5 million Each Okay so this is interesting this just Took a turn because sometimes when you Get money from investors you have to
Reinvest that into the company at least If you agree so in in the contract Because they invest in the growth of the Company For equity And what this contract said is you all Get five million each 15 million Personally and then 15 stays in the Company to keep growing it so i mean Again respect mad respect to say no to Something like this [Music] Such an amount is life-changing For francois villane me and also our Families Janae could give his kids everything They’ll ever need in life francois could Start a family of his own without ever Worrying about money i think of my Parents They grew up on a farm Didn’t get any degree And never earned a lot of money They sacrificed a lot so my brother and I could get everything we needed with Such money i would finally be able to Give back but we thought about the Company the team saying yes could change Everything we could lose the family Spirit the freedom Everything we built this company for Fundraising is not our definition of Success You can succeed everyone can and you
Don’t need millions we have to do what We shouldn’t And that’s why We said no Sometimes that’s the best thing you can Say No i think it was warren buffett who Said one thing that every successful Entrepreneur or investor has in common Is they say no to most things because in Life and this is another quote by Somebody i can’t remember in order to Get success you have to make sacrifices And if you don’t make sacrifices What you want your goals end up becoming The sacrifice i love this you know what I think they did i think that they went The bootstrapped clickfunnels way Where i think it was uh dan kennedy who Who said and russell brunson is so often Heard uh quoting dan kennedy whoever can Spend the most to acquire customer wins Meaning if you can acquire a customer For ten bucks you spend ten dollars you Make ten dollars now you’re building a List an audience a community of Customers not just emails but you have Both leads and customers and clients and You acquire them for free break even Maybe even a profit which is why i’m so Passionate about funnels on the back end You have upsells and you have other Offers and then you build a community of High ticket stuff for people who want
More access to you And all this makes you profitable on the Back end that you reinvest into the Marketing and you front load the leads And then again you acquire leads and Customers for free or even a profit And so this company or any company or Your company what you could do is just Look at ways that you can amplify Marketing with Break even Lead and client customer acquisition And that’s one of the lessons from this Another one is saying no is sometimes The most powerful thing you can do and It’s also sometimes the most fun thing That you can do so For me again by listening to my mentor My friends and just taking time to think Myself not how can i make the most Amount of money right now because like i Mentioned i got an offer for one of my Businesses not a huge amount but One thing that was included was we’ll Buy your company your domain And you come working with us and you can Still have your business but What you’ll do is You will work let’s say you know 40 Hours a week you got to be all in you Got to be invested in our mission and i Really loved everything that they do and I really still do i love the person the People that i talked to we had meetings
And everything that we Went over was like awesome the only Thing and here’s the the main takeaway The only thing that i didn’t like was Give it even five percent up from what I’ve already built this youtube channel This community you you being here this Is what i love doing my relationship With russell brunson like when i did the Story about this new office he commented Replied to my instagram story like looks Awesome the fact that he is my client That clickfunnels which has been a dream For So long now for years And i’ve worked my ass off late nights Like right now is saturday and i’m here Because i love doing this and now i’m Gonna go home spend time with family and I love this simple life of like i spend Time with my friends my family and i Record videos and i learn new things and I educate people and i see the growth in Them the personal Journey of entrepreneurship That we go through and that’s all i want That’s all i need and with this Everything we’re doing with funnels with Tutorials and trainings and templates i Don’t make decisions based on how i feel Right now the possibilities the upside That i see right now i make them based On what i want to do So i’m happy and feel fulfilled by
Serving others because that’s how it’s Going to be sustainable if i go do Something for six months 12 months and It’s not aligned with my highest values It’s not going to last and so that is Another key takeaway from this video With that said amazing video shout out To Mubesh i respect your decision and i Think i would have done the same no Matter the bag but that said let me know What you would do in the comments below And i’ll see in the next video [Music]
