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Using Other People's Money To Get Rich: Secrets, Techniques, And Strategies Investors Use Every Day Using OPM To Make Millions
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Using other people s money is becoming an increasingly common practice. In fact, you have probably used other people s money at some point without even realizing it. Even Donald Trump used other people's money to finance his investments. Now, with this book, you too can knowingly use other people's money to increase your wealth. Using other people s money, or OPM, can be a risky strategy, but Using Other's People Money to Get Rich will show you how to downplay the risks, avoid the common pitfalls, and minimize your costs. You will learn about various sources of OPM, including lending institutions, venture capitalists, angel investors, the federal government, investment banks, savings and loan associations, insurance companies, and credit unions. You will also learn how to meet the source's investment criteria, which will help ensure that you acquire OPM for your needs. In addition, you will become knowledgeable about the benefits of using OPM, debt and equity transactions, performing due diligence and research, the short- and long-term costs, and securities laws. You will also learn how to use OPM to pay off debts and invest in paper assets, the stock market, rental properties, and part-time, home-based, or Web-based businesses. We spent hours interviewing investors to learn how they used OPM to make money, and here, we provide you with all the secrets, techniques, and strategies you need to know in order to make millions.Atlantic Publishing is a small, independent publishing company based in Ocala, Florida. Founded over twenty years ago in the company president’s garage, Atlantic Publishing has grown to become a renowned resource for non-fiction books. Today, over 450 titles are in print covering subjects such as small business, healthy living, management, finance, careers, and real estate. Atlantic Publishing prides itself on producing award winning, high-quality manuals that give readers up-to-date, pertinent information, real-world examples, and case studies with expert advice.  Every book has resources, contact information, and web sites of the products or companies discussed. This Atlantic Publishing eBook was professionally written, edited, fact checked, proofed and designed. The print version of this book is 288 pages and you receive exactly the same content. Over the years our books have won dozens of book awards for content, cover design and interior design including the prestigious Benjamin Franklin award for excellence in publishing. We are proud of the high quality of our books and hope you will enjoy this eBook version.

Paperback: 288 pages

Publisher: Atlantic Publishing Group Inc. (2010)

Language: English

ISBN-10: 1601382146

ISBN-13: 978-1601382146

Product Dimensions: 5.9 x 0.8 x 8.9 inches

Shipping Weight: 12.8 ounces (View shipping rates and policies)

Average Customer Review: 3.8 out of 5 stars  See all reviews (9 customer reviews)

Best Sellers Rank: #687,400 in Books (See Top 100 in Books) #120 in Books > Business & Money > Finance > Corporate Finance > Venture Capital #865 in Books > Business & Money > Small Business & Entrepreneurship > New Business Enterprises #1622 in Books > Business & Money > Investing > Introduction

The true success of any entrepreneur is how effectively they use other people's money to best leverage their strategy. It is often considered the way to wealth, and many entrepreneurs use it effectively to propel their wealth. The author talks about the mistakes she made in her own business. Number one was not taking a salary for herself in her business; secondly, she was unrealistic about asking for enough additional working capital for projects. Minimizing doesn't get you to your goals! But she loudly and clearly identifies her biggest mistake as not starting her own business with other people's money.This book will help you focus your opportunities. It will help you take advantage of your options that will build immediate wealth. With the downsizing in corporate America, many individuals have gone off to form their own businesses-some successfully and some not. What are some caveats that you need to learn to best launch your ship?The chapters give you insight into moguls that have successfully used OPM like Warren Buffett, Donald Trump, and Bill Gates. She provides interesting case studies from a broad spectrum of service and industrial businesses that were started using OPM. These case studies are insightful and motivating. It's not only important to have an idea, but to know how to get that vision into reality.She discusses other sources of OPM other than lending institutions or venture capitalists. She gives you plenty of options.Desiree Smith-Daughety discusses the benefits as well as pitfalls of using OPM, and how to plan and prepare for the "Shark Tank"-those that fund you.Of critical importance and interest in this resource is in securing the OPM. What is the interview process like, how can you best negotiate your deal?

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