Historically, business growth was heavily dependent on the ability to obtain a bank loan. Over the last few decades, there have been a lot of advancements in the ways that companies can raise capital for growth. On this week’s episode of Grow Money Business we are joined by Karl Dakin, who is a long-time expert in capital raising for small companies. Join us as we dive into the common errors entrepreneurs make when raising capital, deal structures, bank loans for capital raising, market competition and innovation, and more.
[07:39] Raising money – Karl explains the process of raising money from investors.
[12:34] Deal structures – Karl explains the deal structures he typically recommends for entrepreneurs.
[23:08] Bank loans – Grant and Karl discuss why bank loans are not always the best option.
[31:44] Accredited Investor – Karl explains why raising money from an accredited investor is the easiest thing you can do.
[33;25] Mistakes – Karl shares some common mistakes entrepreneurs make when they raise capital.
[38:41] Innovators – Karl explains how innovation is one of the primary ways to make the world a better place.
[44:45] Market competition –Karl and Grant discuss how market competition brings the best products to the world.