Main Street Business #514 The 3 Ways The Rich Raise Money To DOMINATE Business
Jul 23, 2024
43:45
In this episode of the Main Street Business Podcast, hosts Mark J. Kohler and Mat Sorensen explore the fundamentals of funding your business. Join them as they discuss borrowing, partnerships, and SEC-approved strategies, ensuring you understand the legal frameworks that differentiate these options.
Here are some highlights:
- Mark and Mat unpack t three main methods: borrowing, partnering, and raising through SEC-approved manner
- Mark and Mat discourage blending methods to prevent legal issues
- Stress the importance of proper documentation for legal protection
- Significance of transparency and proper use of raised funds
- Importance of staying in the chosen "lane" (lender, partner, or investor)
- Caution against relying solely on influencer-provided documents or methods
- Ensure proper recording and execution of all legal documents related to raising capital
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