The Jonathan Mills Patrick Show

I had the opportunity to speak with Sidharth Jain of GraffersID (GraffersID.com) to talk about his experience in helping startups launch tech-based businesses.   To connect with Sidharth you can find him on LinkedIn at https://www.linkedin.com/in/sidharth-jain/ 👨🏻‍💻 You can find me online at my personal website - https://JonathanMillsPatrick.com/   🎙 Looking for audio versions of this content? Try my podcast at https://anchor.fm/jmp1   🚀 Looking for startup resources to help you launch and grow a business? Check out my resource and courses at https://jonathanmillspatrick.gumroad.com/   Say hello on these social media channels:   🐦 https://twitter.com/jmillspatrick 🎞 https://instagram.com/JonathanMillsPatrick

Thanks so much for sticking with me through 50 episodes. Of all the podcasts you could listen to, you chose to spend some of your time with me. I'm honored. This wraps up the first season. In 2022 I plan to return with more long form interviews with other entrepreneurs and professionals. If you have any suggestions for me about folks I should interview please email me at jmp@jonathanmillspatrick.com. As a way to say thanks, I'm offering 50% of all my courses, ebooks, and pitch deck templates. Just use the code "halfoff" at https://jonathanmillspatrick.gumroad.com/

Hi, folks. The SBA has just announced an increase to the maximum EIDL loan amount. In fact, they quadrupled the maximum amount! But, there are some requirements you may have to meet depending on the loan amount you ask for. Timestamps 2:10 The increase amount for the program 2:45 A reminder about the program 3:37 UCC filing requirements 4:37 Real estate requirements 5:21 Personal guarantee requirements 6:36 How the grant component works 7:40 Links to the application process and a checklist Links mentioned in the episode Low-income verification map - https://sbaeidl.policymap.com/newmaps#/ Application process and checklist - https://www.sba.gov/funding-programs/loans/covid-19-relief-options/eidl/covid-19-eidl#section-header-5 ____________________________________________  Interested in making $$$ helping companies find capital to grow through loans? My latest course, Commercial Loan Broker in a Box, teaches you how to start you own side hustle or full-time career brokering business loans. ____________________________________________  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.

2:05 State specific grant programs 4:56 Gender specific grant programs 8:11 Science specific grant programs _______________________________________ Want to start a business helping companies find the capital they need to launch and grow their business? Register for my Commercial Loan Broker in a Box course at https://jonathanmillspatrick.gumroad.com/l/commercialloanbrokeriab/ _______________________________________

Every entrepreneur looking for capital would love some free money. The key is understanding which programs are loans and which are small business grants. _______________________________________ Want to start a business helping companies find the capital they need to launch and grow their business? Register for my Commercial Loan Broker in a Box course at https://jonathanmillspatrick.gumroad.com/l/commercialloanbrokeriab/ _______________________________________

Some people point to a lack of financing as the #1 reason startups fail. That can hurt, but it isn't the top reason for failure.  A lack of product market fit is the thing that will keep your startup from launching. ____________________________________________  Interested in making $$$ helping companies find capital to grow through loans? My latest course, Commercial Loan Broker in a Box, teaches you how to start you own side hustle or full-time career brokering business loans.  ____________________________________________  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.

In today's episode I am sharing the differences, and a few similarities, between private equity and venture capital. A lot of people lump all investors in one bucket. This creates a problem because, as a founder, you aren't going after the right investors if you don't understand the stages that these groups focus on. ____________________________________________  Interested in making $$$ helping companies find capital to grow through loans? My latest course, Commercial Loan Broker in a Box, teaches you how to start you own side hustle or full-time career brokering business loans.  ____________________________________________  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.

I been selling courses through Udemy for years now. Because of my involvement the company recently asked if I would be interested in investing in their Initial Public Offering (IPO) through a Direct Share Program. In this episode I cover what that is and what the benefit is to such a program. ____________________________________________ Interested in making $$$ helping companies find capital to grow through loans? My latest course, Commercial Loan Broker in a Box, teaches you how to start you own side hustle or full-time career brokering business loans. ____________________________________________ 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.

Since investors are focused on investing in proven teams, it is critical that you hire top talent for your startup. Here are four recommendations for recruiting the best candidates. ____________________________________________  Interested in making $$$ helping companies find capital to grow through loans? My latest course, Commercial Loan Broker in a Box, teaches you how to start you own side hustle or full-time career brokering business loans.  ____________________________________________  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.

This week I had the opportunity to participate, virtually, in Hubspot's annual inbound marketing conference, Inbound 2021. Originally I was going to be busy with my company's annual conference. But, that went virtual as well and had the agenda slimmed down. So, I found my calendar having more availability than I thought it originally would. The conference was really worth the money, a premier pass to all the sessions was only $150, so I would higher encourage you to think about attending next year. Especially if inbound marketing is part of, it should be part of, your marketing strategy. ____________________________________________  Interested in making $$$ helping companies find capital to grow through loans? My latest course, Commercial Loan Broker in a Box, teaches you how to start you own side hustle or full-time career brokering business loans.  ____________________________________________  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.

I’ve been pretty transparent that I invest in cryptocurrencies, or crypto. Not only do I own individual coins (mostly Bitcoin, Ethereum, Doge, and Solana), but I have also recently decided to “stake” my Ethereum. As always I am experimenting with things to learn about them and once I have done that I like to share my new found knowledge. Let’s take a look at crypto staking. ____________________________________________  Interested in making $$$ helping companies find capital to grow through loans? My latest course, Commercial Loan Broker in a Box, teaches you how to start you own side hustle or full-time career brokering business loans.  ____________________________________________  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.

There are lots of resources about what goes into a good investor pitch deck 📊. In fact if you’re looking for a template to work from you can find my own template that I have used to help entrepreneurs raise millions of dollars here. There are a fewer resources about actually delivering the pitch to investors. I’ve participated in hundreds of pitches in my career. Whether as the startup founder seeking an investment, an investor looking to invest in a startup, or even as a judge of a pitch competition. Along the way I’ve witnessed some really good pitches…and some really terrible ones. What follows is a summary of those lessons. ____________________________________________  Interested in making $$$ helping companies find capital to grow through loans? My latest course, Commercial Loan Broker in a Box, teaches you how to start you own side hustle or full-time career brokering business loans.  ____________________________________________  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.

You can download the Atlantico report here. ____________________________________________  Interested in making $$$ helping companies find capital to grow through loans? My latest course, Commercial Loan Broker in a Box, teaches you how to start you own side hustle or full-time career brokering business loans.  ____________________________________________  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.

Your business can have, does have, its own credit score and characteristics. Building up business credit is a lot like building personal credit. But there is one place that builds business credit that many people forget about. ____________________________________________  Interested in making $$$ helping companies find capital to grow through loans? My latest course, Commercial Loan Broker in a Box, teaches you how to start you own side hustle or full-time career brokering business loans.  ____________________________________________  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.

Getting a large business loan usually requires submitting a business plan. Although the documents have differences, a business plan isn't much different than a pitch deck in that they both tell stories. Here are the pieces that mattered when I was helping a company get a $4.3M business loan. ____________________________________________  Interested in making $$$ helping companies find capital to grow through loans? My latest course, Commercial Loan Broker in a Box, teaches you how to start you own side hustle or full-time career brokering business loans.  ____________________________________________  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.

I was honored to get the chance to sit down with a young professional, Chandra, and discuss how we should go about making the decision of working for a startup or a larger company. Here are some things you should think about. ____________________________________________  Interested in making $$$ helping companies find capital to grow through loans? My latest course, Commercial Loan Broker in a Box, teaches you how to start you own side hustle or full-time career brokering business loans.  ____________________________________________  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.

Today I'm answering a listener's question - how does a pitch deck's design vary if you are raising a seed round versus a later round of funding. ____________________________________________  Interested in making $$$ helping companies find capital to grow through loans? My latest course, Commercial Loan Broker in a Box, teaches you how to start you own side hustle or full-time career brokering business loans.  ____________________________________________  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.

Why startup valuations matter Why valuing a pre-revenue startup is hard Ways to value a pre-revenue startup Alternatives to setting a valuation ____________________________________________  Need to raise capital for your startup? Check out my course, The Startup Funding Formula, for tips on what investors look for, what documents you will need, and more.  ____________________________________________  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.

If you aren't familiar with the product management profession that is ok. What matters is that you take the time to learn the processes and skills they have. Because there are no better skills for growing a startup. Some of the resources I mention include: Product School Udemy - just search for product management ____________________________________________ Interested in making $$$ helping companies find capital to grow through loans? My latest course, Commercial Loan Broker in a Box, teaches you how to start you own side hustle or full-time career brokering business loans. ____________________________________________ 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.

I have six criteria that make up about 80% of the decisions factors I use when thinking about investing in a startup. ____________________________________________ Interested in making $$$ helping companies find capital to grow through loans? My latest course, Commercial Loan Broker in a Box, teaches you how to start you own side hustle or full-time career brokering business loans. ____________________________________________ 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.