The Jonathan Mills Patrick Show

I've been a part of multiple online communities. Some have worked great, while others...not so much.

The ones that I have enjoyed have allowed me to build deeper relationships with people by creating a space for on-demand discussions, idea sharing, etc.

Right now I'm not part of an online community.

So, I decided to start my own.

Head to ibicommunity.slack.com to join me.

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You can download free startup resource guides at this link.

If you are looking for more information about entrepreneurship and startups check me out at JonathanMillsPatrick.com.

One of my listeners, Sachin, asked me to share a bit more about Entrepreneurs-in-Residence (EIRs). 

EIR roles can take a variety of shapes but the overall purpose is the same. Allow an entrepreneur to work on growing their business while providing them a "day job" helping other entrepreneurs.

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You can download free startup resource guides at this link.

If you are looking for more information about entrepreneurship and startups check me out at JonathanMillsPatrick.com. 

Being first in a market has its advantages. But, first mover advantage can also turn into first mover disadvantage.

I've personally experienced this and it sank my first startup.

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If you are looking for more information about entrepreneurship and startups check me out at JonathanMillsPatrick.com. 

You can download free startup resource guides at this link.

The reality is that investors don't put money into ideas. No matter how good they are. They invest in business models that show promise. That requires execution. Which in turn leads to milestones. Which leads to investments.

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If you are looking for more information about entrepreneurship and startups check me out at JonathanMillsPatrick.com. 

You can download free startup resource guides at this link.

Lately I've been sharing some of the lessons from my upcoming course, Commercial Loan Broker in a Box.

In this episode, I answer a question from John. John asks whether or not you have to have a license to broker commercial deals. 

The answer is, it depends. It depends on state you are doing business in and the type(s) of loan(s) you are working on.

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If you are looking for more information about entrepreneurship and startups check me out at JonathanMillsPatrick.com.

Lately I've been sharing some of the lessons from my upcoming course, Commercial Loan Broker in a Box. 

In this episode, I talk about which deals you should focus on to make money. 

Whereas many brokers like to close the larger deals those can have challenges. So can working with borrowers who aren't approvable.

So, the key is focusing on the group in the middle.

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If you are looking for more information about entrepreneurship and startups check me out at JonathanMillsPatrick.com.

Whey you work with businesses to help them attract capital you typically get paid via a success fee. Which means you only get paid if the deal closes. 

But who pays that fee? There are two possible options.

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Interested in learning how you can make money as a commercial loan broker? Register for my upcoming course here.

There are two types of capital that startups can leverage - debt and equity. 

Believe it or not, startups can get startup loans. But they can be expensive and are approved based on untypical factors when compared to normal business loans.

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Interested in learning how you can make money as a commercial loan broker? Register for my upcoming course here.

If you are going to be raising money for your startup then you will want to understand what defines an investor as an accredited investor. That is because raising money from an accredited investor can open the door to all kinds of exemptions when it comes to filing and reporting requirements with the SEC.

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If you are looking for more information about entrepreneurship and startups check me out at JonathanMillsPatrick.com. 

You can download my, "Ultimate Startup Funding Cheat Sheet" here.

Investors need a lot of deals to look at in order to find the few that they are willing to back. We call this deal flow.

There are a variety of ways that investors find this deal flow. While I talk briefly about those, there are two main ways that investors use to meet interesting startups. 

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If you are looking for more information about entrepreneurship and startups check me out at JonathanMillsPatrick.com. 

You can download my, "Ultimate Startup Funding Cheat Sheet" here.