Having started my business career at the age of 16, I had a great handicap, the handicap of not knowing many of the basic fundamentals of business and finance. What I was doing during my early days could not really be classified as business. I would call it a way I had adapted, to keep paying for my pocket money, a source of income I had created to fund my hobbies and have fun with my friends.
In 1999, I was approached by a company which I thought was into plumbing and water supply. They gave me a proposition which according to them was irresistible. The company was Price Waterhouse Coopers and their plan was to help me raise venture capital for my big ideas. Having not knowing what venture capital was, I rejected their proposal to get me ‘a loan’. I only accepted to work with them when they told me venture capital was like a loan I never had to return. And they would help me make a business plan. Basically a spreadsheet which would help investors see why my business is a great place to invest in and get amazing returns.
To read the full, original article click on this link: Playing the Number Game [Entrepreneurship Lessons]
Author: Vishal Gondal
