I run an investment fund, which is really a fancy way of saying that I invest in entrepreneurs,

and I invest in entrepreneurial ideas.

What a lot of entrepreneurs don't realize is that there's no lack of money in the world.

There's a lack of good entrepreneurs and really good ideas.

So one of the members of the 1%, which is one of my mentoring communities,

asked a great question about what does it take, what does it require to have an idea and

to have momentum enough that it would attract an investor. Because she knows that she's got a great

idea and she wants to know what else needs to be in place to ensure that I can get the capital that I need

to be able to make a splash at this and build a multi-million dollar business.

Here's what I told.

One, you have to be bought in because I've already told you it's a good idea.

Yes.

We already know that there's a market for it.

I went and got a job to finance this thing.

Good work. Good work. So like that's a huge step.

Mm-hmm. Number two, you need to have a clear path to victory.

Okay. Clear path to victory. It looks like a well thought out strategy.

Okay.

We're going to launch here, partner with these people, roll out these three products.

Here's what the market looks like.

And here's where our strategic advantages.

How simple as that.

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