11/15/2021 Tip: The 10 Commandments for Raising Money | Growthink

11/15/2021 Tip: The 10 Commandments for Raising Money

Today’s Quote

“I am a man of fixed and unbending principles, the first of which is to be flexible at all times.”
~Everett Dirksen

 

Today’s Tip

This week I will be giving you the 10 commandments for raising money. Let’s get started…

RULE #1: Don’t be naïve. Don’t post your business plan or idea online hoping someone will magically fund you. This virtually never works!

RULE #2: You and your team are much more important than your business or business idea. Investors and lenders bet on the jockey (you/team) and not the horse (business/idea). As this relates to Rule #1, virtually no one will invest in you without meeting you face-to-face (Crowdfunding is an exception to this).

 

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 does the acronym EBITA stand for?

Previous Question: What was the name of the first commercial desktop computer?

Previous Answer: The Programma 101.

Released in 1965, the Programma was the first commercial “desktop computer.”  

By today’s standards it would be considered a programmable calculator with printing capabilities.

 

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