What you can learn from the most successful Kickstarter campaigns of all time
There’s a current dearth of trust in the relationship between new entrepreneurs and the banks.
The banks don’t trust the new entrepreneurs. After all, they’re an unproven commodity. They are an element of risk in an industry that has conditioned itself to be extremely risk averse over the past decade.
Moreover, most new entrepreneurs don’t come to the table with vast sums of capital to match the bank’s investment. Often, no matter how strong their business plan may be, no matter how comprehensive the market research, no matter how well calculated and honest the cash flow projections or no matter how original, fresh and downright brilliant the concept may be the entrepreneurs are met time and again with a resounding no.