How to raise funds for a coaching program if you don't have money
How to raise funds
Good debt vs Bad debt
- Examples of Good debt
- Coaching, courses
- Education
- Assets - Property, etc.
- Examples of Bad debt
- Liabilities
- Car loans
Methods of raising capital
- Profit share
- % of the profits you make, etc.
- Interest
- Normally less than 1% a month
- Payment in kind
- Products, services, kickstarter etc.
Can also be a hybrid. Example, the investor will get X% of the profits I make for the next 1 year, if it’s not more than the invested amount, then I will help them do marketing services at half the price.
Template
· I’m looking for investors to invest in my (______) business
· Benefits of investing
· Range of returns
· Call to action