You Don't Need Money to Start and Build a Business! In OPM-Other People's Money, Michael Lechter delves into one aspect of the mastermind principle-how to use other people's money and resources-such as knowledge, expertise, influence and capital-to carry out your own plans-start and build a business. But, he also emphasizes alternative approaches-teaming up with people who can provide the skills and resources that you need to build your business-developing masterminds to promote your interests and those of your team members. You benefit from the use of Other People's Money and Resources. Do the people that provided the money and resources also benefit? Of course. That is one of the reasons that the princlple works.In this book you will learn how to: •Use Other People's Money and Resources to leverage your way to financial independence •Look beyond the limits of your own resources-in starting a business or making investments •Bring investors into your business without giving away the store •Find the sources that successful investors use in harnessing OPM •Think creatively-and use that creativity to lead you to multiple sources of money •Locate-and evaluate-the different kinds of OPM available to you
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Michael A. Lechter, Esq.Attorney, Certified Licensing Professional, Entrepreneur, Educator, Author.An internationally recognized expert in the field of intellectual property, Michael Lechter has been the architect of strategies for building businesses using both convenstional sources of Other People's Money-as well as Other People's Resources. His experience in representing venture capitalists in evaluating potential investment companies and representing start-up and emerging businesses, as well as a participatng investor in small business, enables him to bring a unique perspective to the subject of building a business using Other People's Money.
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