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Detailed text transcripts for TV channel - MSNBC - 20100725:11:53:00

Reach obtainable objections. number five, expert status. build reputation and your business by establishing yourself as an expert in the industry. time now to answer some of your business questions. erica and paul are back with us again. the first question is where to find funding. if i was to get a loan for $50,000, would i want that loan to come from a family member, a bank, or a vc. i can answer this one? i have sort of bad news to break to this questioner which is that, number one, a vc is probably not going to be a viable option. they re not in the business of making loans, particularly of that small amount. that s out. number two, generally if you re trying to get a loan from the bank, unfortunately most circumstances they re only willing to make the loan to you if you don t need the money. right. even if you have the setup where you can be an appropriate ....

Business Questions , Expert Status , Build Reputation , Family Member , Making Loans , Bad News , Number One ,