Straight Talk

“Let’s Talk About the Nature of Money and Business Financing”

      As a preliminary matter and to provide context, there should be no disagreement that small business represents the major driving engine behind and within our economy. Its healthy expansion depends upon a vibrant entrepreneurial climate and critical funding/financing at every stage of development. Given those ingredients the economy can expand creating vital job opportunities for everyone.

        The dark clouds of the Great Recession might have parted (allegedly), but the effects then and continuing to date clearly prove that proper capitalization, acquiring timely funding inputs or financing, and solid management practices are essential to thrive and survive.

        One constant throughout has existed and remains. The current system of business financing simply has not in the past and still does not work. From every perspective, it is woefully inadequate to create the economic results desired.

             It is well enough that people of the nation do not understand our banking and                                    monetary system, for if they did, I believe there would be a revolution before                                      tomorrow morning. Henry Ford

             The lending and financial markets are incredibly inefficient, fully capable on occasion                   of being utterly dysfunctional. Approximately working sometimes is not a                                             prescription for service or helping our economy.

      Downturns or tight money scenarios just make it worse for everyone. The simple fact is that business financing at best is a chaotic, “hit or miss”, and often a random exercise of luck without precise guidelines for most ventures and enterprises. When one throws in the recurring influences of poor planning, inadequate records, and wholesale lack of financing knowledge the outcomes can not possibly achieve desired results. Added to this mess is what can only termed as embedded funding resource rigidities in their lending standards combined with archaic, outmoded risk models that exaggerate and exacerbate the problems. The current systems neither produce nor deliver business adequate financing when and where it is needed most.

             If you would know the value of money, go and try to borrow some. Benjamin Franklin

     Saving the funding sources/resources side of this equation for isolated treatment another time, let’s first deal instead with the enterprise owner/entrepreneur perspective.There are few truisms and misconceptions that should first be dealt with upfront:

             * The color of money is green. Within its character it could care less as to the gender, color, ethnicity, or religious beliefs (in fact any beliefs at all) of those that might seek to acquire or use it. It is a wholly neutral mechanism which comes in various forms termed as “business tools’.

               If money doesn’t  grow on trees, how come banks have so many branches?

         * Acquisition of money or financing is in fact a science of sorts as well an art form. It comes with its own built-in language or structured logic. Without the knowledge and mastery of that language or logic, the effort to successfully acquire it will often become tedious, expensive in terms of time, resources, and efforts, most often resulting in adverse results.

              Money is usually attracted, not pursued. Jim Rohn

      * The basic rule of money and financing is really quite simple: “He who has the gold, makes the rules”. Regardless of the character of those rules, follow those standards, then chances of success increase. Do the opposite and results can be expected to be dismally unpleasant.

             The trick is to stop thinking of it as “your” money.

        * Acquisition of business capital or financing, choosing the right financial tool at the right time, and properly managing thereafter require specific knowledge and insight. Without that knowledge, one is proverbially casting one’s business fates to the turbulent vagaries of the changing winds of adversities. The only thing shooting from the hip usually provides is a sore hip along with recurring undesirable consequences.

                  If you think nobody cares if you’re alive, try missing a couple of [loan] payments. Earl                  Wilson

      This project and platform (Operation Veteran Empowerment and Ultimate Financing Guide) seeks to change that entire paradigm. With knowledge there is empowerment. That is the singular goal – to educate, enhance, and empower.

       This platform provides the rules/standards and how to prepare and properly package. It seeks to level the “playing field” for every business owner/entrepreneur.  That means best results for everyone and all stakeholders. It’s really that simple.

      Please do access and download Ultimate Financing Guide and see for yourself.