Use Other People’s Money for Software – Tim Clark

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How to Build Software For Your Business Using Other People’s Money
  • Creating a custom software program for your business is a significant investment, “I totally understand”.
  • Grant Cardone has shared his wisdom with us, in showing how to use other people’s money to make a real estate investment. This is called leverage.
  • The same goes with custom software.
    1. Test the idea, build interest, get commitments from other parties
    2. Build it once, sell it over and over again using licenses
    3. Offer it as a software-as-a-service, recurring monthly subscriptions. Hosted on AWS
  •  At Nikos, we work with our clients to validate their investment to make sure the deal makes sense.
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Star of Discovery Channel’s “Undercover Billionaire,” Grant Cardone owns and operates seven privately held companies and a private equity real estate firm, Cardone Capital, with a multifamily portfolio of assets under management valued at over $4 billion. He is the Top Crowdfunder in the world, raising over $900 million in equity via social media. Known internationally as the leading expert on sales, marketing, and scaling businesses, Cardone is a New York Times bestselling author of 11 business books, including “The 10X Rule,” which led to Cardone establishing the 10X Global Movement and the 10X Growth Conference, now the largest business and entrepreneur conference in the world. The online business and sales educational platform he created, Cardone University, serves over 411,000 individuals and Forbes 100 corporate clients throughout the world. Voted the top Marketing Influencer to watch by Forbes, Cardone uses his massive 15 million plus following to give back via his Grant Cardone Foundation, a non-profit organization dedicated to mentoring underserved, at-risk adolescents in financial literacy, especially those without father figures.