Why Russian Billionaires Beg On The Streets Of Moscow

begging-banker

Continuation from Friday…..(How To Beg People For Money)

At the same, time understand something very important. Raising capital is not only hard for you. It is a hard and a humiliating process for 99% of people seeking capital. Here is what you have to do. Accept the fact that, “Yes, I am a beggar now, but this begging will lead to the promise land of wealth and freedom”. If you can accept this and say “The hell with it” you are already 50% further down the road than most of your competitors. And if you are still having a difficult time with the process, please try the following approaches. When applied properly, they should work wonders.

Imagine for a second that you are a scientist. Approach the process of raising capital as a scientific experiment as opposed to a part of your daily business routine. All you are trying to do is determine how many people will say YES and how many people will say NO. When you do this, you become completely independent of the outcome. That protects your fragile ego and allows you to become an unstoppable fund raising machine. Basically, you no longer really care about the outcome of any one conversation or capital raising attempt. It becomes a numbers game, which is exactly the way that it should be viewed.

Another way to avoid all of the negative connotations associated with the process is to create a game around it. For instance, there is a service in Russia that offers Russian Billionaires unique experiences. One of such experiences is dressing up Russian Millionaires and Billionaires as homeless people and taking them to the streets of Moscow so that they can beg people for money. And apparently, it is a popular package. You can approach your capital raising efforts in a similar fashion. You can easily do so by assuming that you are already wealthy, do not need the money and simply doing it as a part of a game.

Now, back to raising capital. There are also a few illegitimate ways of getting it and it is the purpose of this book to caution you against it. They include stealing money, winning money and/or marrying into money. The outcomes associated with each one are fairly simple. Steal the money in question and you will end up looking over your shoulder for the rest of your life. In the best case scenario it will come back to bite you. In the worst case? You will probably get whacked Sopranos style just as you business begins to legitimately take off. Maybe you are, but I am not smart or lucky enough to win any money. Finally, marrying into money is never free. One way or another you will end up paying for it.

Plus, there are a few other ways that we cannot control. They include inheriting money, receiving it as a gift or having a trust fund. If that happens to you, you are one lucky SOB. Count your lucky stars and give a lot thanks to the people who have set you up. Of course and this goes without saying, but I hope you didn’t have to kill anyone in order to get your inheritance.

When it comes to legitimately getting money for your new business venture, there are only a few ways. They include…..