How to go about investment
Diving deeper on one of episode 8's topic. Mike and Scott dig into the real mechanics of funding a business - when you actually need outside money, and what trading time, margin or control really means. Over Garage Project's Mon P'tit Chou and a steak and mushroom pie from Gladstone Butchery, they map out loans, VC and everything in between.
You'll learn:
-The three ways to fund growth - revenue, borrowing, or equity - and what you trade away with each;
-Why hitting a growth cliff is usually a sign your supply or delivery is the real constraint, not a lack of demand;
-How loan terms actually…
The skinny
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