In this episode of the Mandatory Fun podcast, Blake speaks once again with fellow veterans Mike Lui and Buck Jordan from RMR Laboratories, an over-the-counter cannabis pharmaceutical company about the best qualities investors love in veteran entrepreneurs.
RMR Laboratories produces cannabinoid oil that's applied as a topical cream to relieve pain and other medical ailments.
Due to our unique military experiences, veterans have so much more to offer the world than they're given credit for, and those traits are closely examined by potential investors.
In this episode, we talk on a wide-range of topics including:
- [1:55] Mike's unique career path from college, through the military, and into the cannabinoid industry.
- [4:13] Buck tells us how about his military service and what businesses he's helped build from the ground up.
- [7:03] We get a solid explanation of what the business term "quick exit" means and how we can get in front of other venture capitalists for investments.
- [9:25] They answer the tough question: How do you know if you are ready for a VC?
- [12:30] How being deployed helped Mike's business sense flourish.
- [16:10] What key aspects investors look for in startup companies.
- [18:25] What factors the military instills in veterans that potential investors highly respect.
- [20:00] The different types of investors you should know about.
- [24:14] What projects/ideas VCs are interested in investing into
- [29:00] What traits and characteristics veterans have that investors love the most.
For more information about RMR Laboratories and/or investment opportunities click here.
Mike served in the Army for eight years and deployed to Iraq, where he led teams that helped rebuild the country by setting up its first democratic elections.
Buck served also served in the Army, but as an officer and Black Hawk pilot. After exiting from his military service, he began working as a venture capitalist and now is an RMR Laboratory investor.