How to raise funds for a coaching program if you don't have money
How to raise funds
Good debt vs Bad debt
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Examples of Good debt
Coaching, courses
Education
Assets - Property, etc.
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Examples of Bad debt
Liabilities
Car loans
Methods of raising capital
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Profit share
% of the profits you make, etc.
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Interest
Normally less than 1% a month
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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