chasing billions with zero knowledge one entrepreneurs guide to financing your dream austin hill billionswithzeroknowledge.com

learning entrepreneurship beginning with zero knowledge entrepreneurship must be studied i have always had mentors & teachers lessons shared among entrepreneurs best lessons are earned at the school of hard knocks training entrepreneurs includes making lot’s of mistakes

entrepreneurship must be studied

i have always had mentors & teachers

lessons shared among entrepreneurs

best lessons are earned at the school of hard knocks

training entrepreneurs includes making lot’s of mistakes

entrepreneurs role is to observe the horizons of change seeking ways to help their fellow man

professional investors want to invest in teams or proven talent

teams require the right players in the right positions

everyone on the team needs to be on the field

Love Money is the best kind Always starts with your own Still a business investment Treat it like a business investment Include outside love money from advisors, angels and customers

Always starts with your own

Still a business investment

Treat it like a business investment

Include outside love money from advisors, angels and customers

Under $100k angel & love money combined with small business and bank financing Customer financing and small startup capital costs

Under $100k angel & love money combined with small business and bank financing

Customer financing and small startup capital costs

Angel Investors < $ 1 million investments Syndicate of angel investors organized by entrepreneurs Mentorship money entrepreneurs Lightweight financing structures, less overhead & costs

< $ 1 million investments

Syndicate of angel investors organized by entrepreneurs

Mentorship money entrepreneurs

Lightweight financing structures, less overhead & costs

Bank Financing Requires guarantees or strong existing business assets to secure loan Government small business programs help Best as a side dish to your primary financing to help grow your business Love your BANKER

Requires guarantees or strong existing business assets to secure loan

Government small business programs help

Best as a side dish to your primary financing to help grow your business

Love your BANKER

Venture Capitalists Professional Investors with relevant experience $ invested for preferred shares & board presence Different goals & type of relationship then angels Can be costly for early stage companies (Time, Equity)

Professional Investors with relevant experience

$ invested for preferred shares & board presence

Different goals & type of relationship then angels

Can be costly for early stage companies (Time, Equity)

Investment Bankers Commission for organizing private placements or IPOs Can appear in early or late stage financings Prefer existing businesses with concept or cash flow proven

Commission for organizing private placements or IPOs

Can appear in early or late stage financings

Prefer existing businesses with concept or cash flow proven

Vultures Do financings to enrich themselves at the expense of the company & entrepreneurs Death spiral financings, early stage large equity deals

Do financings to enrich themselves at the expense of the company & entrepreneurs

Death spiral financings, early stage large equity deals

Check your Motives

are your motives mercenary? are you in it for the money? give up now, there are easier ways to make money why an entrepreneur?

are your motives mercenary?

are you in it for the money?

give up now, there are easier ways to make money

learn to love rejection love learning from rejection new types of rejections mean you’re making progress rejection is the entrepreneurs diet

learn to love rejection

love learning from rejection

new types of rejections mean you’re making progress

entrepreneurs can be societies agents of change do you want to make meaning? is the world a better place because of your business? do you improve someone’s life through your service as an entrepreneur?

do you want to make meaning?

is the world a better place because of your business?

do you improve someone’s life through your service as an entrepreneur?

Failure is the price of admission to the community of entrepreneurship. Making new mistakes faster then your competitors in the right direction defines your success Love your mistakes they will define your career

Failure is the price of admission to the community of entrepreneurship.

Making new mistakes faster then your competitors in the right direction defines your success

Love your mistakes they will define your career

entrepreneurship can get sticky A rare breed with tough skin Superhuman effort required to face daily opposition Difficult times are guaranteed

A rare breed with tough skin

Superhuman effort required to face daily opposition

Difficult times are guaranteed

Stay small and close to your customer Do more with less Do-it-Yourself Company Building

Avoid Undisciplined Growth Make your mistakes cheap and fun to make .

Find Mentors and Coaches

Double vision required to be visionary and detail orientated Most entrepreneurs fail because of lack of double vision

Double vision required to be visionary and detail orientated

Most entrepreneurs fail because of lack of double vision

Benefits of the Hard Work Rewards can be great Freedom and career happiness #1 means of achieving financial freedom

Rewards can be great

Freedom and career happiness

#1 means of achieving financial freedom

It’s the journey not the destination

Life's creative solutions require alone time. Solitude is required for the unconscious to process and unravel problems. Others inspire us, information feeds us, practice improves our performance, but we need quiet time to figure things out, to emerge with new discoveries, to unearth original answers. Ester Buchholz

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