In today's episode, Yakov sits down with Mike Seidl to talk about the world of capital raising as it relates to human behavior and relationship-building. Mike, a seasoned private money lender since 2017, shares insights into his journey from starting as a lender in residential fix and flips to raising nearly 20 million dollars. Drawing from his diverse background in human services, including roles in residential facilities and psychiatric hospitals, Mike emphasizes the importance of understanding human behavior in both personal relationships and business.

Key Takeaways:

• Mike's career spans from working with abused children to managing group homes and mental health facilities, which shaped his deep understanding of human behavior.
• Mike shares the benefits of using private capital during economic downturns when institutional capital tends to retract.
• He breaks down exactly how and why it’s so important to build personal connections before discussing business opportunities
• Mike makes his interest rate prediction and how he will react economically
• Mike’s take on why human interaction is more fruitful than AI automation

 

More about Mike:

Mike Seidl has been a successful private money lender since 2017 when he started partnering with and lending his personal capital on projects to experienced residential fix-and-flip real estate operators. In 2021, Mike was approached by a good friend and fellow business owner about deploying his money for him. He was looking for a safe, reliable return on his capital. Since then, the company has placed investor capital in loans as small as $15,000 and as large as $2,400,000.

Mike's first job after studying economics at New York University was at a residential facility for sexually and physically abused kids. He has also managed a group home for adults with Intellectual Disabilities. As well as serving as a mental health worker at a psychiatric hospital. This experience helped him gain a good understanding of human behavior. That, in turn, helped him start, with a partner, grow and build his first company, providing medical alert systems, which they sold to a public company ten years later.

After taking five years off, Mike started his second business in the construction industry, focusing on property damage repair. This company was sold in 2017 after being built into one that completed 300 +/- yearly jobs. Mike's goal is to start and self-fund a nonprofit focused on kids who "age out" of foster care and government facilities. The emphasis will be on experience-based training in mindset and how the brain works physically and psychologically, as well as hands-on training in finance, banking, nutrition, exercise, and entrepreneurship.

 

Ways to connect with Mike:

https://www.linkedin.com/in/mike-seidl-reicapitalguys/

 

Useful links and resources:

Yakov Smart’s new book 'Attracting Investors' on Amazon

https://findmoreinvestors.com/apply

 

Join our new capital raising community group here: https://www.facebook.com/groups/capitalraisingtalkwithcapitalraisingprosgroup

 

Free Trainings on “How To Raise More Capital & Find High Net-Worth Investors on Auto-Pilot”:

http://findmoreinvestors.com/capital

 

Enter our monthly raffle by leaving a 5-star review and emailing a screenshot to: [email protected]

 

Connect with Yakov:

https://www.linkedin.com/in/yakovsavitskiy/

https://www.facebook.com/yakov.smart3

 

The following music was used for this media project:

Music: Positive Fat Bass Intro Loop by WinnieTheMoog

Free download: https://filmmusic.io/song/6093-positive-fat-bass-intro-loop

License (CC BY 4.0): https://filmmusic.io/standard-license

Artist website: https://linktr.ee/taigasoundprod

 

The following music was used for this media project:

Music: Just Keep Going (Loopable) by chilledmusic

Free download: https://filmmusic.io/song/7245-just-keep-going-loopable

License (CC BY 4.0): https://filmmusic.io/standard-license

 

The following music was used for this media project:

Music: Business Of Dreams by MusicLFiles

Free download: https://filmmusic.io/song/9392-business-of-dreams

License (CC BY 4.0): https://filmmusic.io/standard-license Artist website: https://cemmusicproject.wixsite.com/musiclibraryfiles

 

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