Product details
- ISBN 9781788601948
- Weight: 378g
- Dimensions: 140 x 216mm
- Publication Date: 26 Jan 2021
- Publisher: Practical Inspiration Publishing
- Publication City/Country: GB
- Product Form: Paperback
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***WINNER STARTUP/SCALEUP BOOK OF THE YEAR: BUSINESS BOOK AWARDS 2022***
Before you get on the Money Train, here’s what you need to know…
You have a great business idea but very little money. There are investors out there with lots of money looking for interesting new businesses to invest in. On the face of it, it’s a match made in heaven - but beware the details of the deal you do...
You won’t be dealing with inexperienced investors. The standard models that investors impose on start-ups and young companies can mean loss of control, overbearing input, disproportionate reward to the wrong shareholders, or founders being squeezed out of their own businesses. The shape of your investment agreements will drive the future success of your business and your ultimate rewards.
This book prepares you for the investment journey and helps you avoid the pitfalls. Once you choose to get on board the Money Train, it becomes a journey with a pre-determined destination. And it can be almost impossible to stop, change direction, or get off.
David Pattison has considerable experience chairing and advising companies looking to raise funds across a wide range of industries. In this book he shares what every young business needs to know about investors before they buy a ticket for the Money Train journey, meaning you have a better chance of riding up front, in control of the journey, rather than in the last passenger coach, being bounced around at high speed, uncomfortable and out of control.
David Pattison left school not knowing what he wanted to do. He ‘fell’ into the advertising industry and made good progress becoming a main board director at the age of 29. In 1990 he started his own business with two partners that was sold and became part of the Omnicom Group. PHD is now a worldwide brand in eighty markets.
He attended Harvard Business School and lived and worked in New York building PHD USA. Before leaving PHD he launched offices in 35 markets including Moscow, Dubai, Hong Kong and Singapore.
After PHD he was asked by the founders to sell an independent digital media business, which he achieved successfully just before the world economic crisis in 2008.
