11/18/2021 Tip: Rules #5 and #6 | Growthink

11/18/2021 Tip: Rules #5 and #6

Today’s Quote

“People get into a rhythm that makes them resistant to change. To understand the mind-set, try switching hands when you brush your teeth in the morning.”
~Gary Gesme

 

Today’s Tip

Today we continue with the 10 commandments for raising money. 

RULE #5: You must tell people about your business ideas if you want them to fund you. To protect your ideas from being stolen, you need to 1) stage the divulgence of your IP and 2) focus on its benefits, markets, and applications.

RULE #6: You must have a business plan. And, you must realize your business plan is first and foremost a marketing document; that is, it markets your company to investors and lenders. It cannot be boring. And it must cover the 10 key business plan areas.

 

Today’s Resource

The Funding Pyramid (TM)

I discovered and trademarked The Funding Pyramid (TM) formula a few years ago.

This is how it works  <–

It’s the precise formula I discovered and have used to help entrepreneurs and business owners like you raise billions of dollars. 

I lay out precisely how The Funding Pyramid (TM) works, and how to use it in your business today.

 

Trivia

Today’s Question: What are the three most valuable brand names on Earth?

Previous Question: What is the most profitable company in the world as ranked by Fortune magazine?

Previous Answer: Exxon Mobil.

Rounding out the top 5 were Chevron, Apple, Microsoft and Ford Motor Company (all based on 2011 profits; which is the latest Fortune survey). 

 

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