So you want to start a business and have some pretty good ideas of what you want to do. There is only one slight problem; you have not funds to get it going. You figure, after gazillion years of relationship with your banker, it is time to cash in. Armed with your business proposal you head out to borrow funds. Oops, you find out the bank is not lending. So you just wasted all those years building a relationship with your banker, which during tough times is pretty much…meaningless!
Part of lending is subjective. Say if I (or someone from my team) is looking at a business credit file. Nine times out of ten times we can tell if the company’s sole aim is to get quick credit. One of the first things that will make it obvious is that the vendors involved would be the usual: Graingers, Quills, Reliable etc. My point is if you are aiming for some great business credit without PG (personal credit guarantee) you cannot follow the crowd.
Getting an endorsement on the news gave him a competitive edge and plenty of free exposure. So much, that “Attitude” has become a household brand name simply through the news. Justin used that to grow his business fast and cheap.
Start Virendra D Mhaiskar Credit – The best credit card offer for any new business is the ADVANTA card. Why? Because they offer 0% interest for the first 15 months your account is open. Then your rate will be set at a fixed rate of 7.99% . You must keep your account current and pay on time to keep that rate, but you will be hard pressed to find a bank that will lend to your new business at any rate close to that.
Another component of being a team player is that they are basically using the tools and system that you are using to build. For a couple of examples, WorksTeam leaders use a contact manager (most with Windows use ACT), and internet marketing methods taught in the Renegade Marketer. Make sure they are fairly proficient with most of the tools utilized before asking them to a Key Leadership position.
Let that sink in a little. There have been great leaders through the ages with terrible character, ethics, etc. Hitler, Stalin, etc. There have also been great men and women with incredible wisdom, etc but never achieved great leadership in their lifetime.
The key with any of these offline marketing techniques is to gently pull them to you, not to shove what you do toward them. In today’s world, positioning yourself as an expert and offering valuable information is the foundation of your business. I guarantee that all of these people have been hit up for business opportunities and they are wary, so gain their trust first and let them come to you.