• The Entrepreneur Forum | Startups | Entrepreneurship | Starting a Business | Motivation | Success
  1. Join 40,000+ entrepreneurs
    who are kicking butt and
    winning their dream life.

    Unscripted™ Entrepreneurship:
    A Business That Pays More Than Money, It Pays Time.

    "Fastlane" is an entrepreneur discussion forum based on The Unscripted Entrepreneurial Framework (TUNEF) outlined in the two best-selling books by MJ DeMarco (The Millionaire Fastlane and UNSCRIPTED™). From multimillionaires to digital nomads, the forum features real entrepreneurs creating real businesses.

    Download (Unscripted) Download (Millionaire Fastlane)  Register
    Registering for the forum removes this block!

  2. Forum *Official* Book Discussion
    Atomic Habits by James Clear

    The forum has voted to discuss this book. Grab it, discussion begins soon!
    Buy: Buy | Discuss: Atomic Habits, by James Clear (Review | Discuss)

Acquiring Capital

Discussion in 'Investing/Trading/Cryptocurrency/Altcoins' started by Arun Siva, Oct 30, 2017.

  1. Arun Siva
    Offline

    Arun Siva aspiring 大君 of the bourgeoisie Read Millionaire Fastlane I've Read UNSCRIPTED Speedway Pass Summit Attendee

    Messages:
    1,161
    Likes Received:
    1,844
    Joined:
    Aug 31, 2016
    Location:
    NORD-TRONDELAG
    Rep Bank:
    $12,552
    how to acquire some capital without credit and without help from family (since there isnt much in the latter) any ideas or suggestions? How to leverage OPM for ventures? What is a lucrative strategy or proposition?
     
  2. ZCP
    Online

    ZCP Legendary Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

    Messages:
    2,067
    Likes Received:
    6,386
    Joined:
    Oct 22, 2010
    Gender:
    Male
    Location:
    Woodstock, GA
    Rep Bank:
    $23,820
    Present a deal to them that they cannot refuse.

    In other words, you are going about this in the wrong direction.
     
  3. RHL
    Offline

    RHL The coaching was a joke guys. Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

    Messages:
    1,484
    Likes Received:
    9,794
    Joined:
    Oct 22, 2013
    Location:
    PA/NJ
    Rep Bank:
    $72,088
    How much is "some?"

    $150,000 or less: Hustling.
    $150,001 or more: Microbusiness or leveraging skill set (web design, etc.).
     
  4. MJ DeMarco
    Online

    MJ DeMarco Raving Lunatic Staff Member Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

    Messages:
    27,167
    Likes Received:
    86,450
    Joined:
    Jul 23, 2007
    Gender:
    Male
    Location:
    Phoenix, AZ
    Rep Bank:
    $365,317
    Admin Post
    Can I move this outside?
     
    G-Man, jasoncuellar123 and Greg R like this.
  5. jon.a
    Offline

    jon.a Legendary Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR

    Messages:
    4,317
    Likes Received:
    13,802
    Joined:
    Sep 29, 2012
    Gender:
    Male
    Location:
    Near San Diego
    Rep Bank:
    $78,856
    Either outside or landfill.
     
  6. Arun Siva
    Offline

    Arun Siva aspiring 大君 of the bourgeoisie Read Millionaire Fastlane I've Read UNSCRIPTED Speedway Pass Summit Attendee

    Messages:
    1,161
    Likes Received:
    1,844
    Joined:
    Aug 31, 2016
    Location:
    NORD-TRONDELAG
    Rep Bank:
    $12,552

    Sure apologies if it was supposed to be posted there in the first place.
     
  7. Arun Siva
    Offline

    Arun Siva aspiring 大君 of the bourgeoisie Read Millionaire Fastlane I've Read UNSCRIPTED Speedway Pass Summit Attendee

    Messages:
    1,161
    Likes Received:
    1,844
    Joined:
    Aug 31, 2016
    Location:
    NORD-TRONDELAG
    Rep Bank:
    $12,552
    Yes. 150K-500K
     
  8. jasoncuellar123
    Offline

    jasoncuellar123 I’m probably awake. Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

    Messages:
    1,866
    Likes Received:
    3,410
    Joined:
    Jul 20, 2015
    Gender:
    Male
    Location:
    Austin, Texas
    Rep Bank:
    $13,727
    Might I suggest a job. Crazy, I know.

    Or do whatever you did to acquire the money for this membership.
     
  9. G-Man
    Online

    G-Man Legendary Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR

    Messages:
    1,645
    Likes Received:
    8,786
    Joined:
    Jan 13, 2014
    Gender:
    Male
    Rep Bank:
    $12,383
    Under 1m you're looking at angels. PE and family office usually aren't going to look at a deal that small. A lot of these angel groups have a surprisingly user friendly application processes.

    Here you go - an angel group in SC Pitching Process

    LMGTFY
     
    100k, Arun Siva, Scot and 1 other person like this.
  10. MJ DeMarco
    Online

    MJ DeMarco Raving Lunatic Staff Member Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

    Messages:
    27,167
    Likes Received:
    86,450
    Joined:
    Jul 23, 2007
    Gender:
    Male
    Location:
    Phoenix, AZ
    Rep Bank:
    $365,317
    Admin Post
    Moved outside, as for the question...

    Do something that will make you worthy of capital. Build something. Demonstrate something. Show sales. A patent. A big order. SOMETHING.

    You cannot get capital with no track record, no experience, and just an idea.

    You have to show something first that make investors say, "Wow, I want to be a part of this!"

    If that's not something you've built, then it has to be YOU. Are YOU worthy of an investor to say, "Wow, I want to be on his team!"
     
    100k, Kingmaker, Lex DeVille and 7 others like this.
  11. Arun Siva
    Offline

    Arun Siva aspiring 大君 of the bourgeoisie Read Millionaire Fastlane I've Read UNSCRIPTED Speedway Pass Summit Attendee

    Messages:
    1,161
    Likes Received:
    1,844
    Joined:
    Aug 31, 2016
    Location:
    NORD-TRONDELAG
    Rep Bank:
    $12,552

    sound advice
     
  12. jon.a
    Offline

    jon.a Legendary Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR

    Messages:
    4,317
    Likes Received:
    13,802
    Joined:
    Sep 29, 2012
    Gender:
    Male
    Location:
    Near San Diego
    Rep Bank:
    $78,856
    Why do you think that you need so much money?
     
  13. Arun Siva
    Offline

    Arun Siva aspiring 大君 of the bourgeoisie Read Millionaire Fastlane I've Read UNSCRIPTED Speedway Pass Summit Attendee

    Messages:
    1,161
    Likes Received:
    1,844
    Joined:
    Aug 31, 2016
    Location:
    NORD-TRONDELAG
    Rep Bank:
    $12,552
    The amount is for acquiring an established gas station/c-store with room to put a sandwich deli/breakfast deli in it as well. The customers around my area in SC are tired of the cookie cutter gas station (QT, SPinx) c-store with bland food and bland service...
     
  14. jon.a
    Offline

    jon.a Legendary Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR

    Messages:
    4,317
    Likes Received:
    13,802
    Joined:
    Sep 29, 2012
    Gender:
    Male
    Location:
    Near San Diego
    Rep Bank:
    $78,856
    For the down payment and some operating cash?

    Edit: I read more closely. For the down payment and the re-model?
     
    Last edited: Oct 31, 2017
  15. Arun Siva
    Offline

    Arun Siva aspiring 大君 of the bourgeoisie Read Millionaire Fastlane I've Read UNSCRIPTED Speedway Pass Summit Attendee

    Messages:
    1,161
    Likes Received:
    1,844
    Joined:
    Aug 31, 2016
    Location:
    NORD-TRONDELAG
    Rep Bank:
    $12,552

    yes or to acquire it whole and have some left over for the improvement aspect of it. gas stations and c-stores up north and out west are insanely priced. however in south and south east reasonably priced albeit they are not off the major interstates... (obviously that is THE long term goal. that is, right off interstate exit gas stations and marts)
     
  16. 100k
    Offline

    100k Gold Contributor Read Millionaire Fastlane Speedway Pass

    Messages:
    1,029
    Likes Received:
    1,195
    Joined:
    Oct 20, 2012
    Rep Bank:
    $3,354
    I'm not 100% sure... but you can have upto 5 people on a mortgage. If you're buying real estate then you might be able to get a mortgage to buy the commercial premise with 5 of your friends/family members and you each take 20% ownership in the business or something. I dunno.

    Find a partner. Find someone that already owns a business that is nearing retirement or something and make them an offer they can't deny like someone said above.

    All the best.
     
    Arun Siva likes this.
  17. Elif
    Offline

    Elif New Contributor

    Messages:
    62
    Likes Received:
    17
    Joined:
    Jun 25, 2018
    Gender:
    Female
    Rep Bank:
    $96
    Might I suggest a job. Crazy, I know.

    Or do whatever you did to acquire the money for this membership.
     

Join 1000s of entrepreneurs who are rewriting life's script and winning financial freedom.

---- ----

You must be a member to join the conversation.

Create Account

Join the community fast and easy!

REGISTER

Log In

Already have an account? Login here.

LOG IN

Share This Page