597: Ben Suttles | How to Raise Capital for Your Business

Let’s put the power of passive income in YOUR hands. Today’s guest, Ben Suttles has been an entrepreneur for 15 years, first starting his career in IT sales and business development then onto management.

His background in management and sales helped him excel in commercial real estate. Over the last 7 years, he has been involved in the acquisition & asset management of ten multifamily properties, through partnerships and Disrupt Equity, totaling over $100MM in AUM and the purchase and sale of over 1650+ units.

Such a treat today, especially for you real estate geeks out there (me included)! Let’s dive in and learn more from Ben on how to raise capital for your business. 

Things you will learn in this episode: 
[00:01 - 06:48] Opening Segment 

I introduce today’s guest, Dan Henry

Bio 

Be sure to check out guestio.com and start booking

Ben give some background to his story

Childhood experience 

Entrepreneur parents starting in IT and Sales 

Inspired to be an entrepreneur

Parental influence and college 

Going into business with his parents 

[06:49 - 14:58] Why Real Estate; Make Your Money Make More Money

Early career experience 

Gravitating towards sales in personality

Starting to take in education and knowledge 

Why real estate? 

Understandable and easy to follow

Gravitated towards residential 

The power of passive income 

Tax benefits that go along with real estate 

Incentivized investments 

Time and financial freedom

[14:59 - 24:56] How to Raise Capital for Your Business

Where to get started

Depending on where your life is at 

Examples of strategies 

Passive vs. active 

Get comfortable with syndication

Make sure to diversify 

Get educated 

I talk about my experience investing in deals 

The risk vs. the reward

Look for people who can mitigate the risk

Look at the experience 

Ready, fire, aim

 A word from our sponsor

[24:57- 35:40] Closing Segment

Ben talks about how to build relationships that help build capital

Raised $30M

Building a funnel through platforms

Reach as many people as you can 

Ben’s networking - the importance of follow up

Contacts not content

Who you know or what you know?

Who you know - all about relationships

The relationships teach you what you need to know 

ThE RaNdOm ROunD

How to engage with Ben

Links below

Final words 

Tweetable Quotes: 

“You don’t want to put all your money in one deal… you have to be realistic… Get comfortable with the mechanisms of syndication, and find some groups that you're comfortable with and trust, then deploy some capital with them.” - Ben Suttles

“My job as a syndicator is to retain people as clients. … If I can be open, honest, transparent, and hardworking and show them that I’m taking my fiduciary responsibilities seriously then I can win them back as an investor on my next deal.” - Ben Suttles

Resources Mentioned:

Rich Dad Poor Dad

Connect with Ben on LinkedIn. Go check out https://www.disruptequity.com/ for more content and get into some deals and building capital. 

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If you want to learn how to build YOUR network, check out my website a travischappell.com. You can connect with me on Facebook, Instagram, and Twitter. Be sure to join The Lounge to become part of the community that’s setting up REAL relationships that add value and create investments.
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