How To Quickly And Easily Set Up Profitable Joint Venture Deals—Part Two
In this recording, Part Two, Vanish Patel explains that the differences between selling to an American versus selling to an Englishman become apparent with the need of sometimes translating business terms. We talk about Angel Investing and the interviews about Angel Investing that are available on this site.
Vanish tells of his recent experiences investing in new businesses with a lot of potential to help them grow and prepare them for being on the stock market. You’ll enjoy his success story of a small company that he invested a few years ago that is doing quite well and growing by leaps and bounds.
He advises that you look for limiting factors that a business may have and not realize at first. Vanish gives the example of a pizza restaurant that sends out thousands of leaflets in a city only to find that people won’t travel for more than fifteen minutes to get a pizza! This really narrows the restaurant’s ability to significantly grow. Look at the marketing consulting business as another example. A limiting factor here is that there are only so many hours in the day for you to do your own marketing as well as work with your clients.
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