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144| How We Raised $43 Million for Our Energy Startup 💰 Scaling Solar Solutions with Luxun Energy Founder Juan Carlos Diaz

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August 6, 2023

📌 Validate your business idea with real customers before raising funds; prove the concept works to attract investors.

📌 Embrace unconventional financing methods, like private funds, to kickstart your business and show early traction.

📌 Scaling requires persistence; seek big investors, attend conventions, and build international partnerships for growth.

In this episode 144 of "Failing to Success", Juan Carlos Diaz, co-founder of Luxun Energy, shares their journey in the energy industry, providing green energy solutions without upfront investment. Initially, they faced fundraising challenges but managed to secure $30,000 from friends and family to begin installations. Positive validation from a major client boosted their confidence. They created a private fund, demonstrating that investors were interested in renewable energy projects. During the pandemic, they persevered and secured funding from a local bank. Subsequently, they raised $43 million from major funds. Diaz advises entrepreneurs to constantly validate and adapt their business while seeking unconventional funding routes.

Timestamps:

00:00:00 Intro

00:01:07 Fundraising

00:08:41 The Economics

00:15:18 Advice to New Entrepreneurs

00:17:15 Contact Luxun Energy

Want to grow your business like Luxun Energy? Learn their growth marketing hacks!

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About Chad Kaleky

Chad Kaleky will act as your host and guide on this journey. A seasoned entrepreneur with a passion for sharing the unvarnished truth behind success, he has walked the same path as many of our guests. Chad brings a unique perspective that bridges the gap between aspirations and reality.

Want to grow your business like Luxun Energy? Learn their growth marketing hacks!

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Luxun Energy

Chad Kaleky conducts an interview with Juan Carlos Diaz on his podcast "Failing to Success" on Aug 06, 2023. The discussion revolves around Juan Carlos Diaz's success after overcoming challenges at Luxun Energy. The information shared about Luxun Energy is derived entirely from this podcast episode.

Want to grow your business like Luxun Energy? Learn their growth marketing hacks!

You're in! Look out for the next episode in your inbox.
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Juan Carlos Diaz

In this episode 144 of "Failing to Success", Juan Carlos Diaz, co-founder of Luxun Energy, shares their journey in the energy industry, providing green energy solutions without upfront investment. Initially, they faced fundraising challenges but managed to secure $30,000 from friends and family to begin installations. Positive validation from a major client boosted their confidence. They created a private fund, demonstrating that investors were interested in renewable energy projects. During the pandemic, they persevered and secured funding from a local bank. Subsequently, they raised $43 million from major funds. Diaz advises entrepreneurs to constantly validate and adapt their business while seeking unconventional funding routes.

How did Juan Carlos Diaz With Luxun Energy Grow Their Business?

📌 Validate your business idea with real customers before raising funds; prove the concept works to attract investors.

📌 Embrace unconventional financing methods, like private funds, to kickstart your business and show early traction.

📌 Scaling requires persistence; seek big investors, attend conventions, and build international partnerships for growth.

In this episode 144 of "Failing to Success", Juan Carlos Diaz, co-founder of Luxun Energy, shares their journey in the energy industry, providing green energy solutions without upfront investment. Initially, they faced fundraising challenges but managed to secure $30,000 from friends and family to begin installations. Positive validation from a major client boosted their confidence. They created a private fund, demonstrating that investors were interested in renewable energy projects. During the pandemic, they persevered and secured funding from a local bank. Subsequently, they raised $43 million from major funds. Diaz advises entrepreneurs to constantly validate and adapt their business while seeking unconventional funding routes.

Timestamps:

00:00:00 Intro

00:01:07 Fundraising

00:08:41 The Economics

00:15:18 Advice to New Entrepreneurs

00:17:15 Contact Luxun Energy

Notable Questions We Asked Juan Carlos Diaz

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