Fizz’s Post

I was catching up with my friend Peter Burns III the other day, and he dropped some unapologetic knowledge on me that's too good not to share. You know how getting funding feels like trying to win a lottery where you don’t even know the numbers? Peter’s turning that on its head. Peter’s method is like finding a cheat code in the funding game. We're talking $150K to $400K of unsecured funding. And in those rarer, eye-widening moments, up to $1M. 𝐁𝐫𝐞𝐚𝐤𝐢𝐧𝐠 𝐈𝐭 𝐃𝐨𝐰𝐧: ➤ 𝐔𝐧𝐬𝐞𝐜𝐮𝐫𝐞𝐝 𝐅𝐫𝐞𝐞𝐝𝐨𝐦: First off, no collateral. That’s right. It’s funding without the usual "give us your assets" spiel. ➤ 𝐒𝐦𝐚𝐫𝐭 𝐈𝐧𝐯𝐞𝐬𝐭𝐢𝐧𝐠, 𝐍𝐨𝐭 𝐒𝐩𝐞𝐧𝐝𝐢𝐧𝐠: Here's where it gets interesting. Peter uses a slice of this funding to invest in businesses that he knows inside and out. The returns from these investments? They go right back into paying off the loan. ➤ 𝐙𝐞𝐫𝐨 𝐒𝐭𝐫𝐞𝐬𝐬 𝐑𝐞𝐩𝐚𝐲𝐦𝐞𝐧𝐭: This means while you're hustling on your dream, the loan's practically taking care of itself. Genius, right? 𝐖𝐡𝐲 𝐓𝐡𝐢𝐬 𝐌𝐚𝐭𝐭𝐞𝐫𝐬: In our chat, Peter made it clear this isn't just about easing funding pains. It’s about strategic growth without the traditional financial handcuffs. His audacious and innovative approach strips away the intimidation factor of funding. It's for those of us who are serious about scaling but are tired of the old-school financial hurdles. After my conversation with Peter, it was clear: this isn't just a funding method, it's a growth accelerator. If you’re pacing the entrepreneurial tightrope, wondering how to fuel your next big leap, maybe it’s time to chat with Peter.

🎯 We built the second edition of our Eleven Alpha program with one specific goal - to move you closer to attaining product-market fit. It is a hot topic for entrepreneurs and investors and is widely discussed. But the reality is that a one-size-fits-all strategy doesn't exist. That's where we come in. Ready for a ride? ✔️ Two months from application to closing. ✔️ A bespoke roadmap to product-market fit, backed by personal guidance from our platform team, our company-building expertise, and all resources we have at Eleven. ✔️ “Unicorn” deal - €300K investment for 10% equity (with a public term sheet, link in comments). 🦸♂️ We are excited to build the future together and we want to be your earliest partner in crime. 👉 Learn more and apply to Eleven Alpha - https://lnkd.in/deHWk-vE. Applications close on March 7 ⏰

For us, the first edition of Eleven Alpha was a pretty successful return to Eleven's roots. Today, we're ready with version 2.0, which is better than anything we've done in the last 11 years. Standard deal, founder-friendly term sheet, fast process, and tailor made program focused on attaining product-market fit. If you know the right fit for the program or if you are a founder yourself looking for your first “partner in crime” 👇  

I did not have funding a farmer on my 2024 bingo card but here we are! A great business is a great business, and the more I work with helping entrepreneurs secure the funding I need, the more I realize that 95% of businesses deal with the same issues, including securing the capital they need to grow. Turns out farms produce a lot of…produce and cash! As a two-time founder that raised eight figures in capital, I learned that between bank loans and venture capital, there is a whole range of capital options that most entrepreneurs are not even familiar with. That's why I launched Small Co. Capital, to create an easy platform for businesses to explore their alternative funding options and fuel THEIR entrepreneurial stories. Interested in learning more? Know a company that needs funding? (we pay a 10% Scout referral fee for an intro!) Visit SmallCoCapital.com DM me – let's chat funding!

In my mind, I felt like the main character of the show. While in reality, I was just an immigrant with a big dream… Here’s how it all went: Age 19-23: Graduated with a bachelor’s degree in Electrical & Electronics Engineering. I left my home country of Nigeria and landed in Washington D.C for a new life and for graduate school. Tackling the challenges of being an international student without the option for student loans. Balanced academics by working as a help desk support analyst to fund education and living expenses. Age 25-27: Successfully completed graduate school and secured a position in the corporate world. Age 31-34: Ventured into the financial services business, marking the beginning of a transformative period. Met Leslie Awasom, CRNA, a pivotal business partner in the entrepreneurial journey. Age 35-37: Co-founded XSITE Capital Investment, with Leslie Awasom, CRNA a venture that would redefine the path forward. Welcomed our CEO Julius Kunle Oni, M.D. FAOA board as a partner, a strategic move that set the stage for significant developments. Invested passively in a $34M deal in Mareeta GA. Closed the first deal as a General Partner, acquiring a substantial investment for $19M. In 2022, did a $60M transaction where we bought three deals and sold (went full cycle on a deal) and raised $32M in the process. Achieved a remarkable full cycle on the initial deal, delivering an impressive ~30% Annualized Average Return to investors. Age 38 - Present: Launched XSITE Academy, a collaborative effort with partners, contributing to the realm of knowledge sharing. Aiming to close a $200M deal, signaling the commitment to continuous growth. Looking ahead to 2024: Focusing on mentorship, with plans to guide 20 aspiring students seeking insights into building a private equity firm. There’s still time to fulfill the rest of the goals for 2024. How are you feeling so far? P.S. 👍 Enjoyed this? ♻️ Repost to help 1 person 🔔 Follow me Tenny Tolofari

🚀 Looking to boost your business's bottom line? It's not just about increasing sales—cutting costs is equally important! 💡 Dive into our latest blog post where we share 6 essential strategies to reduce business expenses without sacrificing quality. Perfect for entrepreneurs, startups, and small business owners aiming for growth and sustainability. Read now and start saving smarter!

Supporting observations: 1. Accounting indicates existing status, direction options and their extrapolations. Never delude yourself interpreting projections as self-evident realities. 2. "It's not art until it's sold." Transcending philosophy and physics, Hunter Thompson compresses reality, defining the unified field theory of commerce. 3. "If I have been able to see further, it was only because I stood on top of my competition." Sir Isaac applies the foundation of Principia Mathematica to a visceral understanding of Wall Street. 4. "It's not a sale until the money is in the bank".....George Williams 5. Gross income v. Net income = Reality rears it's ugly head.

Hello LinkedIn community, Today, I made a conscious choice to forgo attending a wedding to immerse myself in a Startup founding and business webinar. A respected friend of mine embarked on a business venture, aiming to assist someone in need of funding for a vehicle to transport goods. He has been doing it for quite a long time on a small scale, and the borrower has been meeting up, so he met with another friend of his so they can stepup. They did their market survey again and the business cycle was 6 months. It's a year and some months now, the borrower has failed to repay even half of the 2 million naira loan. The situation escalated as the borrower, instead of settling the debt, began investing in properties and acquiring additional loans for unrelated ventures. What struck me was the revelation that there were no legal safeguards in place to ensure repayment; the funds were provided purely on trust. The realization of potential financial loss and its impact on these individuals starting their entrepreneurial journey was both infuriating and worrisome. This incident serves as a stark reminder to all founders and business owners: Sign all necessary documents to protect your business interests. Trust is essential, but legal measures are equally crucial. No one is infallible, not even in business. A special thanks to Tech4Dev , #womentechstersfellowship , and our insightful speaker, ABRAHAM AKPAN. Today's webinar shed light on the importance of considering all aspects before launching an idea, emphasizing the need for a legal foundation in the often unpredictable world of business. Let's navigate this realm with wisdom and foresight, ensuring our ventures are safeguarded against potential pitfalls. Business isn't just emotional; it's about being legally sound and protected. #BusinessInsights #LegalProtection #entrepreneurshipjourney #techcareer

A great way to build business credit without purchasing a lot of products. #smallbusiness #smallbusinessowner #consulting #latina #entreprenuers #startups #businesscredit #businessowner

Discover the crucial differences between pre-money and post-money Simple Agreements for Future Equity (SAFEs) in this Perkins Coie LLP StartupPercolator blog post. Learn how each type affects founder dilution and the overall impact on company capitalization. #Startups #VentureCapital #StartupFunding #SAFEfinancing #StartupPercolator