15 Minutes To Action - How To Raise £100k For Your Business
In this week’s ‘15 Minutes To Action’ episode, Nick talks you through the best ways to find that initial burst of funding for your business that can set you off on the road to success.
Find out now if you’re building a high-value, exitable business (even if you have no immediate plans to sell it). You’ll get an instant PDF report with powerful insights specifically tailored to your business in just 4 minutes.
https://highvalueexit.scoreapp.com/
KEY TAKEAWAYS
Remember not to be afraid to use your own cash at the beginning instead of investor capital. By spending your own cash, the fate of your business remains in your own hands. If your idea is high-risk, and you’ve chosen to seek investment from friends or family, you need to consider how the fallout will look in the event that they lose their money. Taking on debt is not a bad thing, so long as you view it in the right way. Banks and traditional lenders should always be considered, as costs may be lower, and the guarantees may be greater. Grants are an invaluable way of boosting your cash reserves, so long as you are solving the problem that the grant has been designed for. Essentially, they provide free money that doesn’t need repaying.
BEST MOMENTS
‘One of the scarcest resources you’ve got is time’
‘You get what you pitch for, and you’re always pitching’
‘Entrepreneurship is not for the faint-hearted. It’s a roller-coaster journey’
‘Money alone can’t always get a business running. Sometimes you need help’
ABOUT THE HOST
Nick Bradley is a renowned entrepreneur, investor, speaker, and business growth expert.
His background is growing and scaling Venture Capital and Private Equity backed businesses globally. Over the last decade, he has completed 117 acquisitions and 25 business exits with a combined valuation of over $5bn dollars.
His mission is to help business founders build valuable businesses and create life-changing exits so they can realise freedom, wealth, and impact.
CONTACT METHOD
Nick’s Facebook page: https://scaleup.vip/FB
Nick’s LinkedIn: https://scaleup.vip/LI
Nick's Instagram: https://scaleup.vip/IG
Scale Up Your Business, coaching/consulting: https://suyb.global
