In this episode of the Mandatory Fun podcast, we talk to 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.
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 a but as an officer and Blackhawk Pilot. After exiting from his military service, he began working as a venture capitalist and now is an RMR Laboratory investor.
- [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 are interesting in investment opportunities click here.
