In this episode, Jeannette talks through the different reasons a business may need finance. Then explains when to raise those funds, how to do it, and how to ensure that it is spent as intended.
KEY TAKEAWAYS
A lot of businesses are not clear enough about why they want to raise finance.
Good liquidity is important. Jeannette shares six examples of how it enables companies to grow.
You need to understand how you are going to deploy the funds before borrowing. This impacts what type of finance you raise.
If you are giving away equity to raise funds, be particularly careful.
Don´t give too much equity away, too soon.
Look at the ROI, before borrowing.
When seeking out investors, look for ones that can enhance your business in other ways.
BEST MOMENTS
‘Start with the end in mind. ´
‘If you are going to be giving away some equity in your business to raise funds…know what you are going to be using the money for.’
‘What are the other qualities you are looking for from an investor?’
This is the perfect time to get focused on what YOU want to really achieve in your business, career, and life. It’s never too late to be BRAVE and BOLD and unlock your inner BRILLIANCE. If you’d like to join Jeannette’s FREE Mastermind just DM Jeannette on info@jeannettelinfootassociates.com or sign up via Jeannette’s linktree https://linktr.ee/JLinfoot
VALUABLE RESOURCES
Brave, Bold, Brilliant podcast series - https://podcasts.apple.com/gb/podcast/brave-bold-brilliant-podcast/id1524278970
ABOUT THE HOST
Jeannette Linfoot is a highly regarded senior executive, property investor, board advisor, and business mentor with over 25 years of global professional business experience across the travel, leisure, hospitality, and property sectors. Having bought, ran, and sold businesses all over the world, Jeannette now has a portfolio of her own businesses and also advises and mentors other business leaders to drive forward their strategies as well as their own personal development.
Jeannette is a down-to-earth leader, a passionate champion for diversity & inclusion, and a huge advocate of nurturing talent so every person can unleash their full potential and live their dreams.
CONTACT THE HOST
Jeannette’s linktree https://www.jeannettelinfootassociates.com/YOUTUBELinkedInFacebookInstagramEmail - info@jeannettelinfootassociates.com
Podcast Description
Jeannette Linfoot talks to incredible people about their experiences of being Brave, Bold & Brilliant, which have allowed them to unleash their full potential in business, their careers, and life in general. From the boardroom tables of ‘big’ international business to the dining room tables of entrepreneurial start-ups, how to overcome challenges, embrace opportunities and take risks, whilst staying ‘true’ to yourself is the order of the day.
Travel, Bold, Brilliant, business, growth, scale, marketing, investment, investing, entrepreneurship, coach, consultant, mindset, six figures, seven figures, travel, industry, ROI, B2B, inspirational: https://linktr.ee/JLinfoot