Building Confidence and Securing Funds: Private Lending Tips and Strategies with Jay Conner

#realestate #privatemoney #jayconner

***Guest Appearance

Credits to:
https://www.youtube.com/@jasonbalara6929
"Raising Private Money with Jay Conner | Know your WHY"
https://www.youtube.com/watch?v=KPGp8HHtd6Q

On the latest episode of the Raising Private Money, podcast we have an inspiring conversation between Jay Conner and Dr. Jason Balara on his Know Your Why podcast.

Jay Conner dives deep into the nuances of raising private money and the resilience needed to succeed in real estate investing. With a background in traditional banking turned private lending expert, Jay Conner offers invaluable insights and inspiring stories that illustrate the power of persistence, a strategic mindset, and the importance of understanding your "why."

Facing the Fear: Jay Conner’s Early Challenges

Jay Conner begins by recounting the nervousness he faced when asking for a private lending loan for the first time. Overcoming such nerve-wracking experiences is crucial, and Jay emphasizes that action is the antidote to anxiety. His initial discomfort didn't deter him but rather fueled his drive to become proficient in raising private money.

The Breakthrough Luncheon: A Turning Point in Fundraising

Jay's notable breakthrough came during his first private lender luncheon, a strategic event where he successfully raised $969,000 in verbal pledges within just one hour. This massive achievement, despite his initial discomfort, underscores the significance of preparation and a well-crafted presentation. He used a PowerPoint presentation to educate attendees on the private lending program, effectively communicating the benefits and security of investing.

Learning from Failure: The John Maxwell Principle

A recurring theme in the discussion is resilience through failure. Jay quotes leadership expert, John Maxwell, stating, "Success comes from failing more often," highlighting that every failure is a step towards success if viewed as a learning opportunity. Both Jay and Jason Balara draw parallels between business and sports, emphasizing that just as athletes like Michael Jordan succeeded by persisting through failure, so too must entrepreneurs and investors.

Key Strategies for Securing Private Funds

Jay's approach to securing private funds is rooted in education and relationship building. By positioning himself as a "private money teacher," he shifts the focus from asking for money to offering an investment opportunity. This methodology not only enhances trust but also attracts potential lenders through the promise of high returns and secured investment.

Additionally, Jay shares his unique strategy called the "great news phone call," informing lenders when their money is needed for a deal. This preemptive approach ensures that funds are readily available without the need for constant pitching, making the process smoother and more efficient.

Timestamps:
00:01 Raising Private Monet Without Asking For It
05:07 Friend advised using private money and IRAs.
06:56 Started a private lending program for individuals.
11:20 Crafting real estate strategies for maximum returns.
14:49 Offering high returns on real estate investments.
17:34 Raised $969,000 in 60 minutes through luncheon.
21:03 Belief in opportunity shifts mindset significantly.
25:21 Choose action over defeat; seek private help.
30:17 Success takes persistence despite failure. Keep trying.
31:14 Business failure creates opportunities; perseverance is powerful.
35:12 Resilience: always get back on.
38:14 Driven to impact lives and make a difference.
42:14 Consider others; wealth's impact transcends personal gain.

Private Money Academy Conference:
https://www.JaysLiveEvent.com

Free Report:
https://www.jayconner.com/MoneyReport

Join the Private Money Academy:
https://www.JayConner.com/trial/

Have you read Jay’s new book: Where to Get The Money Now?
It is available FREE (all you pay is the shipping and handling) at https://www.JayConner.com/Book

What is Private Money? Real Estate Investing with Jay Conner
http://www.JayConner.com/MoneyPodcast

Jay Conner is a proven real estate investment leader. Without using his own money or credit, Jay maximizes creative methods to buy and sell properties with profits averaging $67,000 per deal.

#RealEstate #RealEstateInvesting #RealEstateInvestingForBeginners #Foreclosures #FlippingHouses #PrivateMoney #RaisingPrivateMoney #JayConner

YouTube Channel
https://www.youtube.com/c/RealEstateInvestingWithJayConner

Apple Podcast:
https://podcasts.apple.com/us/podcast/private-money-academy-real-estate-investing-with-jay/id1377723034

Facebook:
https://www.facebook.com/jay.conner.marketing

Twitter:
https://twitter.com/JayConner01

Pinterest:
https://www.pinterest.com/JConner_PrivateMoneyAuthority