“I am a man of fixed and unbending principles, the first of which is to be flexible at all times.”
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).
The Funding Pyramid (TM)
I discovered and trademarked The Funding Pyramid (TM) formula a few years ago.
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.
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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