Darren Weeks - The Art of Raising Capital: for Entrepreneurs and Investors

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Cover design by Chris Collins | American Design Co.

First Edition: April 2014

ISBN: 978-1-937832-67-4

042014

Dedication

To every entrepreneur who has been turned down by a bank.

Acknowledgments

F irst and foremost, I would like to thank my family for putting up with the small interruptions of writing a book and the ongoing large interruptions of having an entrepreneur as a father and husband. This includes my wife, Melissa, my daughters Ava and Phoenix, and my son Connor, who will probably be impressed that I can spell, let alone write a whole book. I would also like to thank Lana for introducing me to Rich Dad Poor Dad. And, of course, my own parents who are neither rich nor poor, just extremely supportive of mewhich is a kind of wealth in and of itself.

Of course, the book wouldnt have been completed if not for the great team I had behind me. I would like to thank the members of my own team who read the early drafts of this book and provided corrections and suggestions. I am also grateful to The Rich Dad Company and the team that held my hand through the process of getting this book published. Lastly, Id like to thank Robert Kiyosaki for writing Rich Dad Poor Dad. It has been a game-changer for me as well as for millions of other people around the world.

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Contents

M ost people have a multi-million dollar idea for a new product or a business. Unfortunately, most people do not know how to raise the capital to turn their ideas into millions of dollars.

The access to money is one of the biggest challenges entrepreneurs face. Whether you are looking to start a small business or build an international empire, the success of your business is directly tied to having enough capital to keep growing.

Simply said, if you are an entrepreneur or want to become an entrepreneur, the art of raising capital is an essential entrepreneurial skill. If a person does not have this skill, the business may never get off the ground or will fail to grow once its launched.

This book, The Art of Raising Capital, is written by Darren Weeks, a dear friend and a person I respect immensely. For over 20 years, Darren has been involved in raising capital through partnerships, joint ventures, and corporations running one of the largest private capital funds in Canada.

I first met Darren in 2001 when he flew to Phoenix from Canada to attend one of my seminars. It is hard to tell a talker from a doer in a brief conversation, but I remember him saying something like, I want to take your message to Canada. I replied that he should start by having people play my educational board game CASHFLOW 101, because many important lessons have been built into that game. He went back to Canada and hosted his first CASHFLOW game event with four people. In spite of his busy schedule, he continues to teach today in presenting educational events that range from small, intense sessions of game play to high-energy groups of hundreds. Darren believes, as I do, in the power of financial education as a personal guide to economic freedom.

I mention that fact that Darren kept his word in his commitment to me as well as The Rich Dad Company, because keeping ones word is more important than the ability to raise capital. As we all know, there have been massive amounts of capital raised and lost lately. I wont mention any names because I do not want their ruined reputations associated with Darren Weeks.