The Alpha M. Podcast Finding Money To Start A Business and Selling For $235 Million?
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Aug 10, 2020 Discover effective strategies for raising capital to start a business, from personal investments to angel investors. Explore what makes companies appealing for acquisition and how to value your own business. Learn about the intricacies of franchising with relatable examples, and hear insights into selling a company for staggering profits. Delve into personal experiences of entrepreneurship, including challenges faced and lessons learned from past ventures. These engaging discussions blend humor and valuable advice for aspiring entrepreneurs.
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First Promotion
- Aaron's first promotion was a purple scarf for his friend Paul's online store.
- This experience taught him the power of online promotion and led to future paid sponsorships.
Charging for Promotions
- Decide when to charge for promotions based on your comfort level and offers.
- Free product promotions can benefit new channels seeking growth by offering affiliate links and commissions.
Starting Capital
- Pete & Pedro started with $3,000, ordering small quantities of five products.
- Tiege Hanley's initial funding was significantly higher, thanks to Kelly's investment.