Why money isn’t the answer

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“We just need some money!!! No you don’t…”

It seems simple. Your business needs money and so you begin looking for it. It then seems impossible. You discover you have limited options, if any at all. You are frustrated because you are not getting the answers you want and can’t understand why no one wants to help. If you are like most entrepreneurs you have probably failed to explain the problems that have lead to your request for money. You have probably failed to explain the solutions that your business is pursuing to address the problems and how money will help to facilitate a positive result. In short, you have failed to provide a compelling reason for someone to help your business. There is a simple way to present your request and get the money you are looking for.

Questions #entrepreneurs ask – 07/17/2019

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1. What is the right way to ensure that your company succeeds in your absence? (02:25)

2. What is an opportunistic entrepreneur? How do they differ from artisan entrepreneur? (06:43)

3. What is a key point in entrepreneurship that people tend to miss? (10:54)

Questions #entrepreneurs ask – 07/10/2019

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1. Should I deal with my creditors outside of court? (02:24)

2. Where do I begin fixing my business? (09:45)

3. What are the uses for a balance sheet? (15:25)

Questions #entrepreneurs ask – 07/03/2019

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1. How do you buy a business with no money? (02:07)

2. Is it better to start a business with a co-founder or by yourself? (06:45)

3. What’s your biggest challenge as a small business owner when building a website? (11:31)

Questions #entrepreneurs ask – 06/26/2019

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1. What strategies can help you survive and grow as a small business in a struggling economy? (01:39)

2. What is a better business growth strategy: selling more of the same product, expanding product offering, or both? (08:31)

3. What are the best strategies to prepare for an upcoming meeting with potential investors or partners? (13:58)

Questions #entrepreneurs ask – 06/19/2019

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1. If my first business is likely to fail, what’s the point of starting it? (01:32)

2. Why does rapid growth often cause companies to go under? (07:46)

3. Is it better to focus on just one business and see it grow before starting another or should one try to build more than one business at a time? (13:31)

Questions #entrepreneurs ask – 06/12/2019

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1. How do you stay focused when starting up a business without getting discouraged by the hard times? (01:54)

2. How does one measure a business’s success? After 8 years is $1.5MM revenue and 350k net organic growth successful? (06:51)

3. What did you do when your business ran out of cash to get it back on track? (10:37)

Questions #entrepreneurs ask – 06/05/2019

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1. Why are business plans so important to investors? (01:50)

2. In general, which is the cheapest form of financing: cash flow financing, equity financing, or debt financing? Why? (08:09)

3. How can I grow my CA practice with the right business loan? (14:26)