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This course is a digital download! You also watch it online without download. .Can you do both? And grow a multi-million-dollar business. The answer is likely no. To grow your business, you will need to hire more people.
VentureMage Course
This 3 Step, Simple Method helped us collect a 6 figure pay day by helping a startup raise $5.5M in 6 weeks. We just sent a few messages per day.
Anyone can now make a living from home by following our plug and play instructions
Methods to raise capital for startups
Startups need capital to grow.
Running a business is simple in theory, if you really break it down, thereās only 3 components:
Marketing is a way to draw new customers to your product or service.
Sales are people who will pay for your product or services in exchange for their hard-earned cash.
Finally, you must be able deliver on your promises through your product/service.
These 3 components are simple enough for beginners.
Marketing it, selling it, and building it.
You are now in business if there is still some profit to be made.
So why isnāt everyone rushing to become an entrepreneur if itās that simple?
Well, you see thereās a bit of a problem for most entrepreneurs.
Letās get back to the 3 components:
Marketing
Traffic, also known by eyeballs, is essential for a successful marketing campaign. This isnāt free. This requires you to be prepared to pay for ads or for influencers to shout your name out. Or, build an audience over time. Time is money.
Sales
If you can sell thatās fantastic, youāre an asset for your own business. What happens if you have a full calendar of meetings? You become capped, you canāt grow any further. You need to invest money in hiring others. If you canāt sell, you need to hire from the beginning.
Fulfillment
You could be fulfilling yourself, if youāre a freelancer, but then whoās selling for you? You can do both, and still grow a multi-million dollar company. The answer is likely no. To grow your business, you will need to hire more people.
āI donāt sell a service, I sell a productā
That’s fantastic, now how will you improve it, create features, and support your customers?
It is easy to see the problem when you do the math.
To scale a business, you need MONEY.
But donāt worry thereās a few ways to get this money.
In fact, you’ll learn how to use one of these methods to make a lot of money yourself in just a few minutes.
Here are some ways that entrepreneurs can fund their business:
Bootstrapping
It was funded by the founder themselves with their hard earned money. The problem here is clear, you will risk a lot, if you donāt have a lot of money to start with. Your bank account size is also limiting.
Friends, Family, and Fools
This one is funny, collect small investments from friends and family or anyone foolish enough to risk their money, or at least thatās how the joke goes. Risks? Broken relationships if things donāt pan out.
Debt
With this option, you can keep 100% ownership of the company. But what happens when interest starts to mount? Additionally, banks are reluctant to lend money to startups.
Angel Investors & Venture Capital (VCs)
These are my favourite for a couple reasons.
1) They invest in return for equity. This means they will have a stake in the company. They have a stake in the company, and will gladly share their resources with the founder.
2) They can invest A LOT, and bring others who are willing to invest even more.
Download immediately VentureMage Course
Course Features
- Lectures 0
- Quizzes 0
- Duration 10 weeks
- Skill level All levels
- Language English
- Students 14
- Assessments Yes