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May 20
52m 7s

The Framework Every Private Equity Inves...

Alex Rawlings
About this episode

Sam Bendix, Partner at Chicago Pacific Founders, returns to share his framework for capital raising using motivational interviewing. He explains how it uncovers real motivations and qualifies prospects faster—without a hard sell. We cover how it applies to investor meetings, deal sourcing, hiring, and beyond. A practical framework for better conversations and better results. 

[00:00] Sam Bendix, Partner at Chicago Pacific Founders, shares his capital-raising framework using motivational interviewing.

 [00:28] Alex praises its use in candidate interviews, prospecting, and deal origination.

 [00:58] Framework inspired by Sam’s wife, a dietitian, helping patients change behavior.

 [01:53] Sam realized it draws out investor motivations instead of pushing a pitch.

 [02:51] Ideal for hesitant prospects or those juggling priorities.

 [04:13] Helps quickly qualify whether someone’s worth pursuing.

 [05:37] Sam uses it on intro calls with LPs at the contemplation stage.

 [06:33] It’s flexible — works even outside of work.

 [08:30] Four stages: Engage, Focus, Evoke, Plan.

 [10:15] Key question: "What led you to take this meeting?"

 [12:09] Use “change talk” to uncover real motivations.

 [13:59] Always leave with clear next steps.

 [15:50] Similar to AIDA — build rapport, qualify, find the why, plan action.

 [17:15] Real-life case study: reframed a real estate pitch to win infrastructure LP interest.

 [22:28] Even a "no" reveals future opportunities.

 [25:22] ORS method (Open questions, Reflective listening, Summarizing) is critical.

 [27:17] Reflect objections back to build clarity and trust. 

 [28:13] Alex draws parallels with talent assessment — most firms hire for now, not the full journey.

 [30:40] Exceptional execs have frameworks. If they can't articulate their playbook, you can’t scale them.

 [32:07] Too many firms wing it with clients while being structured with candidates — both need frameworks.

 [34:29] Sam praises Alex’s consultative approach to hiring — problem-finding > solution-pushing.

 [36:55] Knowing the why behind hiring helps tailor the search to real business needs.

 [39:47] Ideally, firms would hire 3 execs per hold period — one for each phase. Instead, you need one who can run the full race.

 [43:10] Negotiation tips: frame your goals around the LP’s goals.

 [45:35] Use three steps: Reflect objections, Reframe as shared objectives, Confirm buy-in.

 [48:27] Book recs: Negotiation Genius (Harvard), Start with No (Jim Camp), and Quit (Annie Duke).

Sam’s open to connecting on LinkedIn.

Subscribe for more episodes on  iTunes & Spotify

Got feedback or questions? Email Alex at alex.rawlings@raw-selection.com. Until next time—keep smashing it!

Raw Selection partners with Private Equity firms and their portfolio companies to secure exceptional executive talent.

 We focus on de-risking executive search through meticulous search and selection processes, ensuring top-tier performance and long-term success.

🔗 Connect with Alex Rawlings on LinkedIn: https://www.linkedin.com/in/alexrawlings/
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