The best way to convince someone to invest in something is you having invested in it first and allowing them to see that you have been and are currently successful in that business model.
No one will ever be convinced that something is a good investment if they don't believe you are already doing it. Think about it, would you believe your neighbor telling you that there is a good school down the street to put your children, when they have enrolled their children at a totally different school across town. You'd want to know, "if the school is so good, why aren't your kids there?" The same thing is true with business... "if the business is so good, why don't you have more invested in it?"
I can't convince someone until they see that I have a vested interest in it.
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The best way to convince someone to invest in something is you having invested in it first and allowing them to see that you have been and are currently successful in that business model.
No one will ever be convinced that something is a good investment if they don't believe you are already doing it. Think about it, would you believe your neighbor telling you that there is a good school down the street to put your children, when they have enrolled their children at a totally different ...more
