Episode Description
What if the best business opportunity is hiding in an industry everyone else ignores?
I’m Alex Shvarts, founder and CEO of FundKite, and in this episode of the Unbankable Podcast, I sit down with entrepreneur Terry Briggs to talk about business funding, cash flow, failure, and finding opportunity in unexpected industries.
Terry knew nothing about commercial furniture when a hospital asked him to source 100 medical recliners. He figured out the product, secured the capital, completed the order, and earned a reported $130,000 net profit on his first deal.
We also discuss purchase order financing, selling to large companies, building without inventory, and why entrepreneurs should sometimes find the buyer before creating the product.
If you needed to make $50,000 in the next 30 days, what would you sell?
Need business funding or working capital to grow?
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