CFD 413 - Taking A Company Public - Think 100x Bigger
This episode is a deep exploration of why limited thinking is holding you back from raising capital and how Clark Nichols can help you take your company public.
Clark Nichols has spent a lifetime helping companies build their businesses, both as an employee in his early years, as an owner in his ambitious years, and as a consultant in his productive years. He is an natural born entrepreneur infused with a missionary zeal to help the next generation of entrepreneurs learn that business is a clean and honorable profession bound by rules of propriety as well as law.
Podcast Highlights
- Who is Clark Nichols?
When Clark was in his mid-thirties, he lost $6.4 million in six months. An attorney convinced Clark to help a mining operation in Brazil where he managed to turn the company around and multiply the share price by many times. Once his contract ran out with that company, Clark became very popular with other companies that were having trouble.
- Raising Capital
One of the challenges to raising capital is that we are thinking too small. People buy stock based on what they think the future holds for it.
- Can Anyone Go Public?
As long as the business plan is strong enough and the company has the history to show they can implement it, they will have a chance at going public.
- Equity And Ownership
You can raise capital and go public without losing ownership, as long as you set it up so that your stock is the only voting stock. The trick is to not give up voting control.
- How Small Can A Public Company Be?
- Building A Strong Business Plan
- Limited Thinking
You can not be afraid to fail. As long as you don’t lie, cheat, or steal you can raise money without acquiring debt.
- Clark’s Takeaway
Give Clark a call and tell him what your plan is, he’ll ask you what it is about your background that makes you think you can execute it. If both those things work out, Clark will show you how to get the money and how to move forward.
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