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48: Raising Other People’s Money
Manage episode 309850718 series 3043695
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Robert Kiyosaki (Rich Dad Poor Dad) always talks about the importance of being able to leverage OPM (Other People's Money). In this episode of Lazy Money Machine, we unpack Erik's development projects and how he's sourcing external finance. Erik walks us through his latest building project in Indonesia and shares advice on how he markets these projects to prospective investors. What are the challenges in raising OPM? Why is raising OPM an important skill and often the gap between an amateur and a professional investor?
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