MBA1910 Q&A Wednesday: How do I ask friends & family to invest in my business?

It’s a $100 MBA Show first — Omar refuses to answer a listener’s question!

You read that right. It’s Q&A Wednesday, but our intrepid host has finally found a question he just can’t bring himself to tackle. It’s not because he doesn’t know the answer. Rather, it’s because the question itself begs an even better one: 

Why would you ask family and friends to invest in your business?

Today, Omar helps our listener by explaining why taking money from folks in your personal life is not the best strategy. There’s an alternative — a way, way better alternative — and about a thousand reasons to consider it.

Learn why investments from friends & fam can cost more than they’re worth, and what to do instead. Click Play!

To submit your questions, visit 100mba.net/q.

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