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Get people to buy into your dream
Customers, vendors can help finance your company Entrepreneurs should think of OPM - other people's money, said Intense Debate CEO Tom Keller, who shared his lessons and advice to entrepreneurs in this interview. "It's important to get other people to buy into the dream," he said. Importantly, Tom isn't just referring to investors. He's referring to customers and vendors. Paying customers are a form of non-diluted financing. And, vendors can also buy into your vision and help your company if you can work out deals where they loan you equipment or exchange services for free. "If you never get OPM, you're probably being quixotic," said Tom. Another salient point Tom made was the one about the emotional swings every startup CEO experiences."It's a roller coaster," he said. "The ... [ Read more ]
Video Length: 0
Date Found: September 23, 2008
Date Produced: July 16, 2008
View Count: 4
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