Why do you think leaders hide from funding their vision?
Why do you think they hide from funding their vision? Do you mean raising capital for it or from in what in what way?
It could be either or could be time commitment resources etc or or raising capital whatever you would like to share
Yeah, so let's start with the time commitment first because raising capital. That's a whole other a whole other gig
Look I think people
The easiest way to put this I would suspect that a lot of people in the early days of a business
You've all the energy and motivation in the world
But sadly what happens as we all know and I've gone through this myself is you reach a point
Where you become that burnout starts to set in and you go
I'm a bit jaded now and putting more time in is just not possible because you're so burned out
You're tired. Even if you love the business, you're still tired from it
And I think so that's number one. I think the energy sort of wanes and people just become comfortable with with where it's at
The second problem is that people are at the bottom of a mountain looking up and going if I need to systemize this business
Even if they know what that actually means
It's quite a lot of work and it's like an enormous project that needs to be broken down into bite-sized pieces
So that's number two. And
And number three, I think by the time it gets to all of those points
It's really far down the chain and in order to even start delegating and fixing all these things becomes overwhelming
I think that that people just tend to tend to stay at that
Plateau and they think well, I'll just stay here. So that's number one raising capital. I think is
a complex one because
Everyone sort of feels like that's the holy grail
But it's not necessarily that brings with it a whole other set of challenges now some businesses can't be bootstrapped
You know like a lot of
product
style businesses are meaning if you're building sas tools and things like that, they're hard to
Bootstrap, although I do know quite a few founders that have and they've bootstrapped them to tens of millions. So it's very possible
But it's you need to be super savvy to do that
Service businesses and other styles of you know product businesses you can bootstrap them
But you'll only get them so far like you might make seven figures maybe in revenue
But at that point if you don't operationalize and systemize and get scalable
Doing the things that i'm talking about you won't scale that business. You won't be able to
That's where and then you'll stop your plateau there