EPISODE · Oct 30, 2023 · 34 MIN
Robert Rizea: The hard work started after we received £2m for our start up
from Build and Exit · host Julie Wilkinson
You must get used to hearing “No” when trying to raise funds to start a business idea. Knowing that eventually you will hear the yes you need is all the motivation you need to keep going. That was the belief my guest in this episode had to get his idea off the ground. Robert Riza is the Co-Founder and CEO of RacketPal, a platform built out of a love for racket sports. He talks about what it took to get funding for the project and how getting the funding was only the start of the challenges he faced. He also gives advice on what you need to generate funding and the information he reports to investors. “I just knew that the next person I called the next person I reached out to, the next person I emailed could change my life” – Robert Rizea Timestamps 02:12 - An introduction to Robert 03:55 - Making a plan for the money needed 09:53 - The challenges of phoning for funding 14:22 - What you need to start a funding round 18:59 - Pricing founder salaries into funding 20:50 - Reporting financials to investors 27:25 - What is the future for RacketPal? Connect with Robert Rizea LinkedIn - https://www.linkedin.com/in/robert-rizea/?originalSubdomain=uk Twitter - https://twitter.com/robertrrizea?lang=en-GB RacketPal website - https://racketpal.co.uk/ Connect With Julie Wilkinson LinkedIn - https://www.linkedin.com/in/juliewilkinson-accounting/ Tik Tok – https://www.tiktok.com/@wasolutions YouTube - https://www.youtube.com/@wilkinsonaccountingsolutio4018 Facebook - https://www.facebook.com/wilkinsonaccountingsolutions Website - https://wilkinsonaccountingsolutions.co.uk/ Before you go, don’t forget to leave a comment and review if you got something out of this episode! Download the RacketPal app and get a 50% discount with this podcast when you enter WILKPAL at sign up. RapketPal on the App Store - https://shorturl.at/iDFIS RacketPal on Google Play - https://shorturl.at/givA2
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Robert Rizea: The hard work started after we received £2m for our start up
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