Episodes

  • How to Raise Venture Capital: Pitch Deck, Traction, Burn Rate & Term Sheets
    Dec 20 2025

    Thinking about raising venture capital for your startup or growing business? In this episode of Scrushy on Business, Richard Scrushy breaks down what founders need to know before pitching VCs—plus what investors look for (and what gets you turned down fast).

    Richard shares real-world lessons from building and backing companies, including why speed and scale often matter more than early profitability, and how to structure your company so you don't kill your deal before it starts. He also discusses how media is changing (radio vs. digital platforms), why hyper-local content matters, and how today's founders can adapt to a world driven by phones, streaming, and YouTube.

    What you'll learn in this episode:
    • What venture capital firms look for in a founder and a pitch

    • The pitch deck flow: problem → solution → market size → traction → go-to-market → financials

    • Why "Why now?" and "Why you?" can make or break your raise

    • How to explain market size, growth, and scaling strategy

    • What "burn rate" means and why VCs obsess over it

    • Why your cap table and company structure must be clean

    • How vesting equity can retain key leaders and reduce turnover

    • Term sheet red flags: board control, anti-dilution, authority limits, and founder protection

    • Why being prepared (down to details) matters in investor meetings

    • How founders should respond to rejection—and use feedback to improve

    Got a question you want answered on the show? Email info@scrushyonbusiness.com.

    Subscribe for more episodes on venture capital, entrepreneurship, leadership, deal-making, and building companies that scale.

    #VentureCapital #StartupFunding #PitchDeck #Entrepreneurship #TermSheet #BusinessStrategy #BurnRate #CapTable #Fundraising #Startups #VC

    Show More Show Less
    47 mins
  • AI Unicorns, $3 Trillion VC Deals & 9 Must-Do Steps to Start Your Business | Scrushy on Business
    Dec 11 2025

    In this episode of Scrushy on Business, Dave Greene and former HealthSouth CEO Richard Scrushy break down the real world of venture capital, sky-high AI valuations, and the practical steps every entrepreneur must take to start and grow a business the right way.

    From OpenAI's $300B valuation and SpaceX as the world's most valuable private company, to Databricks' bold claim it can become a $1 trillion AI company, Richard explains how investors actually think about valuation, dilution, and return on investment—and what that means for your startup.

    Then the conversation pivots from Wall Street to Main Street, as Richard lays out the traits of a true entrepreneur and his 9 key steps for starting a business: from researching your idea and naming your company to building your brand, website, and marketing plan. He also shares how to structure your company, attract investors, and avoid common mistakes that kill deals before they start.

    You'll also hear:

    • Why some biotech and AI companies raise millions without being profitable

    • How investors look at pre-money vs. post-money valuation

    • What anti-dilution clauses are and why they can cripple a company

    • Real-world stories from Richard's $1.7 billion acquisition experience

    • How to negotiate with owners who are emotionally attached to their business

    • Richard's daily habits and routines (including his 7-day-a-week workout) that keep him sharp as a leader

    • How entrepreneurs can find their purpose even when they're just trying to survive and pay the bills

    This episode is brought to you by:

    DraftKings: Download the DraftKings Sportsbook app and use code SCRUSHY. Bet five bucks and get $200 in bonus bets if your bet wins.

    🔔 Subscribe to Scrushy on Business for more real, unfiltered conversations about building, buying, and scaling companies.

    📩 Send your questions for Richard: info@ScrushyOnBusiness.com

    Follow & Connect:
    📱 Social: @ScrushyOnBusiness
    📩 Email your questions: info@ScrushyOnBusiness.com

    Show More Show Less
    55 mins
  • Richard Scrushy on Bad Lawyers, Beating False Charges & Building Healthcare Businesses
    Dec 5 2025

    In this episode of Scrushy on Business, Richard Scrushy opens up about legal battles, dishonest lawyers, and conflicts of interest that nearly destroyed his life and career – and how he is fighting back. He explains what really happened in his federal case, being found not guilty on 36 counts, and why entrepreneurs must protect themselves in today's litigious business environment.

    Richard also digs into the business lessons behind the headlines:

    • How conflict of interest in law firms can devastate a client

    • Why you must run conflict checks and ask tough questions of your attorneys and advisors

    • How media narratives get built – and why the truth doesn't always "catch up" online

    • What Sarbanes-Oxley, SEC rules, and stock exchange regulations really mean for founders and CEOs

    Then the conversation turns to entrepreneurship in healthcare and leadership:

    • Is healthcare still a good industry for entrepreneurs? (Short answer: yes)

    • Where the opportunities are in urgent care, telemedicine, diagnostics, and biologics

    • How to create an ownership mindset in your company with stock options and shared upside

    • Why faith and intuition in business matter when you're deciding who to trust and who to walk away from

    If you're a business owner, startup founder, healthcare entrepreneur, MBA student, or executive, this episode is packed with real-world insight you won't get in a textbook: lawsuits, regulation, leadership, corporate governance, and the personal toll of being a high-profile CEO.

    📝 Topics in this episode include:

    • Legal ethics, conflicts of interest & dishonest lawyers

    • How prosecutors and media shape a public narrative

    • Public company governance, SEC & stock exchange rules

    • Healthcare business opportunities & controlling costs

    • Building an ownership culture with stock options

    • Faith, intuition, and character in leadership

    📩 Have a question for Richard?
    Email: info@ScrushyOnBusiness.com and your question might be featured in a future episode.

    🔔 Don't forget to like, subscribe, and turn on notifications for more conversations on entrepreneurship, leadership, healthcare business, and real-world lessons from the boardroom and the courtroom.

    Show More Show Less
    48 mins
  • Inside the Billion-Dollar Lawsuit: Richard Scrushy Speaks on Conflict-of-Interest Allegations
    Nov 21 2025
    In this powerful and candid episode of Scrushy on Business, Richard Scrushy publicly addresses the breaking news story featured on AL.com: a multi-billion-dollar lawsuit Scrushy has filed against a major Alabama law firm. Richard details, in his own words, how he discovered alleged conflicts of interest, what his legal team uncovered, and why he believes the firm violated basic rules of professional conduct. Beyond the headline story, this episode dives into real-world business lessons drawn from listener questions: 🔹 How restaurant chains are collapsing under post-COVID pressure
    — What entrepreneurs MUST know about cost of goods, delivery fees, consumer price resistance, and over-leveraging. 🔹 Return-to-office vs. hybrid work
    — Does forcing employees back improve performance? Richard shares a CEO's perspective on productivity, culture, and team cohesion. 🔹 How to keep Gen Z employees from job-hopping
    — Why communication, opportunity, and career pathways matter more than ever. Have a question for Richard? Email info@scrushyonbusiness.com and it may be featured on a future episode.
    Show More Show Less
    39 mins
  • What Investors Want: Projections, Red Flags & the 'It Factor' | Scrushy on Business
    Nov 14 2025

    Startup funding, venture capital, micro VCs, projections investors believe—this episode of Scrushy on Business dives into what really makes a deal attractive. Richard Scrushy breaks down today's VC landscape—from micro funds writing $500k–$3M checks to mega funds—and share how founders should build credible financial forecasts, avoid investor red flags, and prove the founder/team fit that drives returns.

    What you'll learn

    • How investors actually read projections (and what makes numbers credible)

    • The biggest red flags that kill deals fast (market size, margins, leadership gaps)

    • Why founder leadership, organization, and execution beat "cool ideas"

    • Reporting that keeps investors confident: monthly P&L, margins, key operating stats

    • The reality of today's AI funding boom—and why timing & competition matter

    • The true "It Factor": timing, team, market, and relentless execution working together

    If you found this helpful, like, subscribe, and share. New episodes weekly.

    #StartupFunding #VentureCapital #Entrepreneurship #PitchDeck #AIStartups #ScrushyOnBusiness

    Show More Show Less
    48 mins
  • Leadership, Motivation, and Competing with the Giants
    Nov 6 2025

    In this episode of Scrushy on Business, Richard Scrushy takes questions straight from listeners and dives deep into the realities of leadership and entrepreneurship. He shares practical insights on keeping teams motivated through tough times, offering real-world strategies for inspiring confidence and maintaining momentum when challenges arise.

    Richard also offers guidance for first-time executives, exploring what it truly takes to step into leadership with confidence and clarity. He breaks down the difference between a good CEO and a great one, revealing the habits, mindset, and vision that elevate leaders to the next level.

    Listeners will also hear Richard's take on how small business owners can successfully compete with large corporations, and the most overlooked skill entrepreneurs need to thrive in today's fast-changing business landscape.

    Whether you're leading a team, building a business, or just hungry to learn from a seasoned executive, this Q&A session is packed with practical wisdom, motivation, and timeless lessons in leadership.

    Show More Show Less
    46 mins
  • From Idea to IPO: Richard Scrushy on Structuring, Validating & Raising Right
    Oct 30 2025

    Ready to launch—or scale—the right way? In this episode of Scrushy on Business, Dave Greene and Richard Scrushy dig into what first-time founders need to know, from choosing the right corporate structure to validating your idea, finding mentors, winning investor confidence, and knowing when to finally pay yourself. Richard also teases an upcoming session with Troy University's Sorrell College of Business on how to take a company public—from SEC filings and "red herring" prospectus basics to running an investor roadshow.

    What you'll learn
    • C-Corp vs. LLC vs. S-Corp for founders planning an IPO (and why many incorporate in Delaware)

    • Public-company prep: audited financials, proxy/10-K/8-K awareness, clean cap tables, and leadership optics

    • Roadshows & demand: oversubscription, pricing mechanics, and what institutional funds look for

    • Startup triage with limited capital: product vs. team vs. marketing (and low-budget ways to get traction)

    • Paying yourself: how Richard handled salary in year one at HealthSouth—and the milestone that changed it

    • Mentors that matter: where to find them, how to compensate them, and why "big-boy loans" change the game

    • Validate before you raise: friends & family pitfalls, market saturation (CBD example), and doing the math

    • Investor red flags: lawsuits, overpaid insiders, all-family leadership teams, thin margins, me-too markets

    • Idea vs. business: how homework, unit economics, team fit, and execution make the difference

    Show More Show Less
    49 mins
  • How to Create a Business That Fits a Need — Richard Scrushy Answers Your Questions
    Oct 16 2025

    In this episode of Scrushy on Business, Richard Scrushy answers listener questions that came in after his conversation with Bill Manovich, the founder of Simple Scrub. Bill's story about identifying a simple problem and turning it into a successful product inspired a flood of questions from entrepreneurs who want to do the same — create a business that truly fits a need.

    Richard dives into how to spot real opportunities in everyday life, validate your ideas before investing big money, and stay focused when building something from the ground up. Whether you're thinking about starting your first business or refining one you already own, this episode will help you understand the mindset behind solving problems that matter.

    Learn how to recognize the needs around you — and turn them into your next big idea.

    #ScrushyOnBusiness #Entrepreneurship #Startups #BusinessAdvice #RichardScrushy #SimpleScrub #BillManovich #SmallBusiness #BusinessGrowth #Motivation

    Show More Show Less
    33 mins