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Acquiring Capital

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

  1. Arun Siva
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    Arun Siva International Chieftain The Real F**king Deal Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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

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    Present a deal to them that they cannot refuse.

    In other words, you are going about this in the wrong direction.
     
  3. RHL
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    RHL The coaching was a joke guys. Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

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    How much is "some?"

    $150,000 or less: Hustling.
    $150,001 or more: Microbusiness or leveraging skill set (web design, etc.).
     
  4. MJ DeMarco
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    MJ DeMarco Raving Lunatic Staff Member Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

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    Admin Post
    Can I move this outside?
     
    G-Man, jasoncuellar123 and Greg R like this.
  5. jon.a
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    jon.a Legendary Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR

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    Either outside or landfill.
     
  6. Arun Siva
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    Arun Siva International Chieftain The Real F**king Deal Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    Sure apologies if it was supposed to be posted there in the first place.
     
  7. Arun Siva
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    Arun Siva International Chieftain The Real F**king Deal Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    Yes. 150K-500K
     
  8. jasoncuellar123
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    jasoncuellar123 I’m probably awake. Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    Might I suggest a job. Crazy, I know.

    Or do whatever you did to acquire the money for this membership.
     
  9. G-Man
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    G-Man Legendary Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR

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

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    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
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    Arun Siva International Chieftain The Real F**king Deal Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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

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    Why do you think that you need so much money?
     
  13. Arun Siva
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    Arun Siva International Chieftain The Real F**king Deal Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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

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    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
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    Arun Siva International Chieftain The Real F**king Deal Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    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
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    100k Gold Contributor Read Millionaire Fastlane Speedway Pass

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    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
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    Elif New Contributor

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    Might I suggest a job. Crazy, I know.

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

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