Just be factual and remember to quantify. Will you be a low-cost, average, or high-end option? Think about your plan the same way. The justification of interest lies in the fact that men prefer present goods to future goods--a bird in the hand is worth two in the bush--and interest is the difference in value between the two at the present moment; it is time value.

One ad, one message

Why do bankers seek collateral? Now is a good time to free-associate a little bit let your mind roam, exploring every avenue that you would like your business to go down. Instead of trying to figure out what your basic business concept is, you only have to decide whether it s changing. But it s still just a bid, and you know what happens to bids in negotiations.

Produce consistent results in Purchasing

You will be able to get a much higher selling price for your product in an upmarket boutique, for example, than you would selling it on a market stall. More than a few small-business owners and entrepreneurial cheerleaders would have you believe that every employee would be happy and financially better off running his own small business. First-stage financing is usually used to set up full-scale production and market development. And in case you receive social media comments that are not always favorable, you can address such negative comments in a polite manner.

Leaders cold call and close sales

In order to make customers aware of your company's uniqueness and expertise, and to develop loyal customer relationships, you must be willing to dedicate a small amount of time, energy, and money to your marketing program and sales systems. And if you make only small changes here and there, it may seem all right. Most forums are free to access, but some are private and require a fee to join. A great way to get known is to be active in your industry, associations, and community.

Spend 25 percent of your time building wealth and seeking investments

Without any wealth, I couldn't have invested or taken the opportunity to triple or quadruple my money. All companies are incomplete and depend for their operations on resources owned or controlled by particular counterparts, whether customers, suppliers, distributors, development partners or public bodies. This will give both parties an opportunity to correct any misunderstandings before they impair performance. To build a strong company, you need excellent people.

Try not to become a man of success. Rather become a man of value

Think of something as common and cheap as a cigar, get up an imitation for the children, have your enterprise stamped upon it, and it will go from one end of the land to the other. Benefits, not features, ultimately sell products. Preparation for unexpected disasters can make or break your business. Unlike a venture capitalist who takes an equity position, bankers don t get a higher return on their loan if you happen to be more successful than expected.