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Finance Your Business Like A Fortune 500 Company PDF Print E-mail
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Written by Elroye Jones   

Yes Virginia there is a better way to fund your small business other than maxing out your personal credit cards, borrowing from parents, cashing in your IRA, taking a second mortgage or any number of insane funding plans.  Of course you have to know another way of getting money or you will fall into the trap of using your personal credit and short changing your business to the point of killing it.

Yes I said Killing Your Business.  Just like blood is the source of life for us, money is the source of life for a business.  James Brown, the Godfather of Soul, is famous for saying, "Without an Education you might as well be dead".  Well if he were talking business he would agree that, "Without financing, your business might as well be dead."

So what do the big Dawgs in the fortune 500 companies do?  Do they use their personal money to fund business projects?  I don't think they would be able to come up with all the money they need using their credit cards, borrowing from their parents, cashing in their IRA's, taking a second mortgage or any other similar plan.  Why? Because even if they did all of those things the amount they could raise would fall far short of the amount they need. 

Take DT for example, he has an opportunity to buy a hotel for five million dollars.  His personal credit can get him one million.  So where does he go to get the rest?

OPMB. 

OPMB.

OPMB.

I can't say it enough.  OPMB, Other People's Money for Business.  Whose money? OPMB.  Yeah whose money? OPMB.

Other people's money is all around us, we get it in the form of credit and loans.  Other people's money (OPM) comes to most of us for our personal use.  So we have knowledge of OPM, now we need Other People's Money for Business or OPMB.  OPMB is the bomb; it can blow up your business and give it the strength to make greater profits.

Think of all the possibilities you have with Business OPM that you don't have with Personal OPM.

  • You don't have to mix your personal money with your business
  • You may never run out of other people's money
  • Your business is not limited to your personal credit limit
  • You can finance your business in every stage from start up, growth , expansion and diversification
  • You can fund a calendar of events for the next year that will increase your business dramatically

 

So if you want to learn how to get OPM for your business drop me an e mail at This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

Thanks

Elroye

 

Ask for what you want

Prepare to receive it

Give thanks to god

And

Share your good fortune with others                                                            

 

 

 

 

 

 
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