Rish
483 posts

Rish
@mrfundible
Raised 200M capital for startups @scalekitcapital @geniecreditai https://t.co/q2yzrLgOC2
Palo Alto, CA Katılım Ağustos 2024
78 Takip Edilen43 Takipçiler

We need more highly intelligent and highly innovative entrepreneurs to create in the USA now more than ever.
Who is going to create the next $AAPL?
Who is going to create the next $TSLA?
Who is going to create the next $SPCX?
Who is going to create the next $NVDA?
Who is going to create the next $WMT?
Who is going to create the next $PLTR?
Who is going to create the next $AMZN?
Who is going to create the next $RKLB?
Who is going to create the next $META?
Who is going to create the next $MSFT?
Who is going to create the next $GOOGL?
Who is going to create the next $JPM?
Who is going to create the next $HOOD?
Who is going to create the next $AMD?
Who is going to create the next $MNST?
Who is going to create the next $CAT?
Who is going to create the next $WM?
English


@Codie_Sanchez Boring businesses are hard to manage
Buy Ai softwares with 0% business credit
English

@benkellyone Boring businesses are hard to manage
Buy Ai softwares with business credit at 0%
English

I bought a $300,000 business with a business credit card at 0%
Not a loan
Not investors
Not an SBA application that takes 6 months and still says no
A credit card
Here’s exactly how it paid itself off in 14 months
Most people think credit cards are for groceries and airline miles
Business credit cards are a completely different instrument
0% APR for 12 to 18 months
$50,000 to $100,000 limits per card
No collateral required
No equity given up
Approved in days not months
Stack 3 to 4 of them in the right sequence and you have $200,000 to $300,000 ready to deploy
The acquisition
Found a SaaS tool on Flippa doing $18,000 a month in recurring revenue
86% profit margin
Fully automated
One founder built it, got bored, listed it for 18x monthly profit
Purchase price: $324,000
The funding stack
Chase Ink Business Unlimited: $85,000 at 0%
Chase Ink Business Cash: $90,000 at 0%
Amex Blue Business Plus: $75,000 at 0%
US Bank Business Platinum: $74,000 at 0%
Total: $324,000
Sequenced across bureaus so each bank saw a clean file
One morning
The closing
Wired funds through Melio to the seller
2.9% processing fee — $9,396 total
Only real money out of pocket
Day one the business was already generating $18,000 a month
The payoff math
Monthly revenue: $18,000
Card minimums on $324,000: $6,500
Net profit month one: $11,500
Every month the business paid the cards and handed me the difference
Month 14: cards paid off in full from business cash flow
I now own a $324,000 asset free and clear
Total personal capital invested: $9,396
Comment “Buy” and I’ll show you exactly how we build the funding stack and find the deal
English

@benkellyone These are all heavy managed businesses
I’d recommend buying Ai softwares
Just put in an LOI for a software that makes 10k/m with less than 2% churn
English

Reality is you can’t
You still need initial down payment
Finding investors/credit sponsors and giving up equity is redundant
Raise capital through credit stacking and use the downpaynent to close on SBA ( simple)
Rish@mrfundible
@benkellyone Reality is you can’t You still need initial down payment Finding investors/credit sponsors and giving up equity is redundant Raise capital through credit stacking and use the downpaynent to close on SBA ( simple)
English

@benkellyone Reality is you can’t
You still need initial down payment
Finding investors/credit sponsors and giving up equity is redundant
Raise capital through credit stacking and use the downpaynent to close on SBA ( simple)
English

@hthieblot You’ll never go broke if you get addicted to raising capital through banks
English

@benkellyone It took me 30 days to buy an Amazon business using credit stacking
Now that business produces 65k/month

English

@hunterjisaacson Use the banks money to buy business instead of trading time for money
English






