mentioned that in his many dealings with entrepreneurs at
many levels, he found that the vast majority of them had
been trained to "think small." The reasons for this were that
they were constantly being reminded of
1. the difficulty of
raising capital,
2. high interest rates charged by lenders to small
companies or
3. the insistence by many venture capitalists that the
company owner(s) surrender control of their companies.
If, instead, they continued to "think small," they could still
retain control of their company, even if they were unable to
expand due to lack of capital and a funding strategy. Thus,
these entrepreneurs are encouraged to export their
products or services and are discouraged from becoming
multinational corporations.
ENTREPRENURIAL FEARS
I've found similar attitudes. When I discuss a $1 million
funding , I've often heard, "But it costs more to go public in
the States" or "We only grossed $2 million, last year." These
are often examples of being stuck in a mental rut, locked
into what is thought to be "possible."
In such cases, my response is, "I understand. That's what
you've been thinking about and planning...and that's fine.
However, can you set that plan aside for a few moments
and imagine what you might be able to do if your company
were a multinational corporation? If you could get not only
that million, but several millions more?" I generally hear a
long silence at that point.
Then the ideas begin to pop, the possibilities expand. If,
however, you really don't want to be a multinational
corporation with its associated problems and the hard work
required, along with the potential huge rewards, probably
reading on is a waste of your time.
But if such an idea appeals to you, what are some ideas
which might be considered?
ACQUISITIONS
You can grow the value of your company rapidly by finding
cash producing companies in your field, supportive of your
main product/service, that you might be able to acquire for
cash or, even better, cash and stock. (That's the system
used by CISCO to become a $50 billion international
goliath.) That saves you the huge costs of creating a new
market. You buy it already established instead. It builds
company value far faster than by simply ramping up
production, advertising and/or marketing.
FRANCHISING
Does your product or service lend itself to franchising?
Macdonalds and similar firms would be far smaller if they
had simply opened branches. The business would have
become unwieldy very quickly. Helping others to own their
own businesses, while they, in turn, increase your
company's cash flow, makes great business sense. It's
another way to buy a new market rather than building it.
FACTORING
While you're building your company, can you increase cash
flow if your product or services are sold to other commercial
enterprises? Factoring is the fastest, most reliable form of
rapid cash flow ever invented. One of the cheapest, too.
The practice is over 3,000 years old and used by hundreds
of thousands of companies. See my articles on this
subject here at Ezine Articles.com
INTEGRITY AND PROFESSIONALISM
We've recently connected with a new Equity Investment
funder. Probably the single biggest factor which made us
decide to work with this particular funding group is their
extremely high levels of integrity and professionalism. They
trumpet a win-win-win intention from the very beginning. In
over twenty years in the financial field, we've never met a
group like them. Read about them at our website.
THINKING BIG, ENTREPRENEUR!
My suggestion is simple: Think BIG! What was
your original dream? Might you be able to achieve it faster
than you've thought? How big are you willing to grow? As
an entrepreneur, what are you willing to tackle? If you can
qualify for the funder's program, we'll support you in your
rapid expansion toward your goals.


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