James River Capital’s CEO Gives Business Advice Two Entrepreneurs

James River Capital is an investment advisory company that offers investment advice and the company currently only serves clients that are based in the United States. The advice that James River Capital offers is in the areas of commodities trading, investment management, and many other financial services. The founder of James River Capital is two gentlemen by the name of Paul Sanders and Kevin Brandt. Paul Sanders is the chairman and the chief executive officer of the company. Kevin Brandt is the president of the company and Laura Piper is the chief compliance officer.

 

Paul Sanders states in an article on premiergazette.com that entrepreneurs should understand that no one is going to provide them with funding just because they have a brilliant idea. He is more than qualified to educate entrepreneurs on the issue of funding because he himself is a successful entrepreneur and the chief executive officer of James River Capital. If you need more qualifications is education speaks for itself he has a bachelor’s degree from the University of Virginia and he has an MBA from the University of Chicago. Paul Sanders also lets entrepreneurs know there is a bright side to things there are funding opportunities available for entrepreneurs who are just getting started but you have to know what steps to take to get the funding. The first step to getting funding is bootstrapping and this means you should use your own resources first. This could be a savings account, checking account, credit cards, or taking a loan from family and friends. The reason why bootstrapping can be a good place to start is because it will cover startup costs and prevent the entrepreneur from having to give up equity in their business.

 

Another reason why the bootstrapping method can be beneficial is that the potential investors will see that you the entrepreneur has put your own money behind yourself and this will motivate you to succeed. Because of this, you can more than likely get an investor that will invest with you because they see that you put your own money behind yourself. The next form of funding that Paul Sanders recommends is crowdfunding. Crowdfunding is like a Kickstarter campaign you have a large group of people who support your idea and they donate various amounts of money to show their support. The benefit of crowdfunding is that you do not have to give up any equity and the people donating are not expecting to be paid back. If you plan on crowdfunding you must put together some type of marketing plan to get your idea out to the general public. Learn more: http://paulsaunders.org/

 

 If an entrepreneur is looking for funding for their business, there are many options out there and available. If you are a serious entrepreneur and passionate about the idea to find yourself and if need be do the research and you will be able to find creative funding. Take the advice of successful entrepreneurs like Paul Sanders and you can be on your way to having a very successful business.

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