Unlock the Power of Events to Raise Capital for Your Syndication Deal
So just how do you find
investors to get into your
syndication deal? Or your
investment fund? How do you find
them out there, in this video,
we're going to talk about one of
my absolute favorite ways to do.
It so what is one of my favorite
ways to bring people into an
offering, whether it's a
syndication Investment Fund,
whatever it is, it's this first
elk Asterix it, it works,
whether or not you're doing F
rule 506 C, so you can use it
with a 506 C, for a an offering
where you can openly solicit
from the general public, but you
can only let in accredited
investors who have been verified
that they're accredited
investors, it also works for
rural 506. B, for those who you
already have a relationship
with. And I'm going to talk
about how you do that with both.
In this video, what is my
favorite way, it all boils down
to what the offering is, too, I
should mention. So if my
offering is has some sort of
local component, or a lot of my
investors are local, this is the
way you do it. It's with events.
Now, events you're thinking
about? Well, it's you bring
everybody into a room and you
talk about your offering. And
almost but not quite. So if you
say, hey, come to my event, I'm
going to try and sell you why
you should invest in my
apartment building, you're never
going to get anyone to show up,
I've tried to dress me, no one
shows up. What you need to do is
get people there to an event for
something a little bit different
before you bring him in the
offering. So the first step in
doing this is getting the word
out that there is this event. So
the best tool I've found for
this is, you know, certainly not
letting everyone you know, do
it. But and if you're doing a
rule 506 C, where you can openly
solicit people you don't know,
then it works well to do things
like cold calling. Or if you're
if it's a real estate deal, and
you have a relationship with a
real estate company, have the
agents talk about it. It's
something that they need to do
anyway, they want to be talking
to potential sellers of real
estate, right? Well, there's
something for them to talk
about. So getting the word out
that way. Now, I see there's a
nuance here. So under 506 C, you
cannot you cannot know anybody
who's coming to the event. And
that's okay. Under Rule 506 B,
you can still re invite people
you don't know. But here's the
thing, if you're inviting people
on a rule, and they have a 506 b
offering, you can't talk about
the investment. What can't talk
about the investment, what's
that? Well, that's goes back to
what the whole event is about.
So the event itself should not
be about your investment. Even
if you're doing a 506 C, the
difference between them is at
the very end of your
presentations, you're going to
talk about your offering, if
you're doing a 506 C offering,
or you know everybody in the
room already. If you invite all
of your friends over and do a
pitch and do an event where
you're talking to everybody that
way, that's totally fine. You
can certainly do that. But if
you don't know people who are
going to be investing in it, and
you want them to be investors,
you don't talk about the
investment, if it's under Rule
506 B. So you have this event,
what exactly are you going to
talk about? So make it something
interesting, something that
people would want to know about?
If they all know that you're in
real estate, for example, talk
about the real estate market and
how it affects them. Right. So
the market in general, is
oftentimes kind of interesting
for investors. Now I spent some
time in the commercial real
estate world. And so a lot of
times, we would talk about
things that were very duplicable
to commercial real estate
people, whether that was energy
efficiency, or talking about
changes in legislation, or rent
control, or things like that,
generally, those are very
interesting topics for those
kinds of people. Those were the
people that I knew anyway. Now,
if it was residential real
estate, it might have to do
without their home values going
to be doing what those things
are. You want to get them in the
room, not because you're
pitching them to do the real
estate side specifically, right,
because we're trying to
syndicate, we're trying to start
an investment fund. Whatever
you're trying to do, you're
getting them in the rule for
something of value. So so that
they have a reason to be there
in the first place so that they
even show up or do something
that directly affects them that
doesn't have anything to do with
it. How is the economy right
now, I've got an economist who's
kind of come talk about exactly
where we should be. I've got a
wealth manager who's got an
Uber, that is the wealth manager
to the stars. And he's going to
talk about what opportunities in
investing he sees in the market
in order to maximize his
client's portfolio, and what you
can do about it for you, because
you're probably interested in
that, too. Or the best one I've
ever put together was we had a
relationship with a Navy Seal,
and ex Navy Seal, who was just
who had just left the service
and wanted to become a business
consultant, and was starting to
make talks and go around and do
that. So it was a win win, we
gave him a platform in order to
speak. And he got to put
together a really interesting
speech. And people just like
Navy SEALs, it's interesting
people like that sort of thing.
Special for the United States,
Special Forces, hats off to
them. They're interesting, they
have an interesting job, they
defend us. So we've got an
honorable component. And it's
something that draws people in
that sort of thing. I'm not
saying go get a Navy Seal, or go
get an Army Ranger, I'm saying
find somebody who's got
something interesting to tell
that's somewhat aligned to what
you're going to be doing. And
bring them in the room and have
them be the star of the show.
Because right now, you don't
actually want to be the star of
the show. What you're trying to
do is get that introduction in,
think about the sales funnel,
this is just the advertisement
that overlays it right. So the
whole thing is about them. But
really you for you for your
purpose, just want to get that
advertisement and to make sure
that people know about what
you're doing. If it's a real
fiver succeed. Now, if it what
do we do? What do we talk about,
if it's not a 506? C, if it's a
506, B, and we have people
coming that we don't know? Well,
they're I would want to talk
about investing in whatever. If
it's if your offerings in real
estate, if you're offering,
excuse me, if your offerings in
commodities, whatever it is, or
Bitcoin or whatever the it is
that you're putting together,
talk about that, in general,
you're not talking about your
offering. At the end of that
presentation, you say,
specifically, hey, I would love
to get to know more of you, I,
you know, really talk of get to
know. So if you have anything,
that's if you're interested in
this, let me know. So I'd love
to have a carry on the
conversation with you, you know,
in the next day or two. And
people will sign up, people
generally be interested because
it's there's no pressure, right?
If they're interested, they'll
still have that conversation.
Aha. Now, these are people who
are now moving from people you
don't know, to people that you
do know. And when they're people
that you do know, you can start
selling them, what you're
offering is, if it's a 506 B,
that's how we build our network
of people that we don't know, so
that they become people that we
do know how another little
nuance on this is partner with
people. So people who are
putting these things together,
oftentimes will bring in another
person, right, so I mentioned
like a wealth manager, they're
great. Like, if it's in real
estate, your title company a lot
of times will also do this will
partner with you and contribute
some dollars. So they want the
exposure, they want add time,
there's plenty of room in this
for everybody. So they can
advertise essentially, to this
same audience. They get to spend
money on their marketing dollars
in a good way, you get to spend
your marketing dollars in a good
way. And the price is now half
because you got another person
there. So use other people and
partner with them in order to
promote these types of events.
And they'll also bring in all
the people they know and you'll
bring in all the people you
know, and everybody wins across
the board. The most important
thing is put together a good
event, right? So treat people
well make sure they have a good
time, make sure they learn
something and make sure that the
conversation gets carried on. So
this is your opportunity to take
all that that you got from it.
Right because it may not feel
like much when the lights go out
at that event. But you now have
more of a relationship than you
did and you move them further
down the sales cycle. My name is
Tilden Moschetti. I am a
syndication attorney with the
Moschetti syndication Law Group.
Our job is to help people just
like you, syndicators,
investment funds, businesses
looking to raise money from
either people that you know only
or people that you don't know
under Regulation D rule 506 B
and or 506 C. If you'd like to
talk to me about your offering
and see what we can do for you,
that would be fantastic. Visit
us on our website or give us a
call and we can set up a time to
talk