Just because banks are not doing much small business lending does not mean you can’t find the funds you need to start a business right now.
In fact, your options are more varied than ever. And the start-up cash you need may be hidden right under your nose. Wondering how to find it? Ask yourself two critical questions:
1) Who else will win from your success?
2) How can you make them an offer attractive enough to help you get started?
Answering these two questions accurately and acting on those answers may lead you to all the cash and credit you need to get and stay in business for at least the first few months.
For instance, can you sell services in advance to customers at a discount?
Is it possible to sign up people as preferred customers (or subscribers) if they pay in advance?
I love the story of the U.K. chocolate-maker who arranged to borrow funds from his clients (“chocolate bonds”) and repaid them by delivering tasting boxes of chocolates. Now that’s a sweet deal for all involved.
Or the hairdresser who sold advance subscriptions for haircuts to loyal clients before she went out on her own. [Read more…]
{ 0 comments }
Mimi, on more than one occasion, talked me into being everything I could have possibly been, even if I didn’t see it myself at the time. Her ability to inspire, and wrap her head around what you are going through, then help you move through it, is something that everyone should have.
As a member of Mimi’s mastermind group of business owners and consultants around the globe, I found her to be an exceptional organizer and facilitator, but it was her insights, advice and commitment that made a huge difference for all members. I value her input so much that we still have weekly one-on-one calls. If you’re looking to change careers or to start and build a business, you would be wise to hire this talented business consultant as your advisor, motivator and ally.
Mimi’s love of learning and desire to help others is a gift to all of us who wish to realize our passion and step out and make it our life’s work.
Mimi is the expert for those seeking to leave their jobs and go into their own business.
Mimi is a take charge entrepreneur herself and speaks from a practical point of view. Her suggestions were pertinent to my immediate situation as well as growth oriented. She was able to cut through my lofty ambitions and suggest what makes sense in the here and now. I have already embodied some of her advice into my approach to day to day marketing techniques. Thank YOU!
In just a few minutes, Mimi helped me think of at least half a dozen new ways for me to find prospects for my business, using LinkedIn, Facebook, Meetup groups and other strategies. I am already starting to see results.
Mimi’s mission is to find new ways to help you make money from your passion and skills. She is on the mark with her no-nonsense recommendations. And the best part–they are easy and inexpensive to implement. If you are trying to start a new business or take it to the next level, I recommend you have Mimi on your team.
In a short time, Mimi helped me figure out entirely new ways I could begin to make money from my expertise as well as the first steps needed to make it happen. I’m already implementing her suggestions which are taking my profession to another level.
A perfect mix of insight plus logical, do-able, take-action-now steps, Mimi Plevin-Foust’s advice re-ignited my passion for the blog I created and pointed me toward a dozen new ways to start making more income from my expertise. Her ideas are fresh, achievable and most importantly, inspiring. I can’t wait to get to work!