I don't fund private companies! Without liquidity, professional money isn't interested in your company. See my "Simple Secret" report for a discussion of need for liquidity.

Section 12 Para 504 Reg D of 1934 Securities Act allows entrepreneurs to raise up to one million U. S. Dollars from public. You don't need an audit. Your offering is exempt from a review by U. S. Securities and Exchange Commission (SEC). About 38 States, relying on this provision, allow entrepreneurs access to investors under SCOR (Small Corporate Offering Registration). If you don't file with SEC or your State, you aren't protected from investor action, should anything go wrong with your company. Since odds of investment failure are over 95%, you are inviting serious legal problems, if you don't do simple Government filing. Any book on "going public" will give more help on doing proper filing.

In January 1998, "Money" published an article on success of RegD/SCOR offerings. Then, entrepreneur had one chance in four of raising at least $200,000. This means that 75% of entrepreneurs doing REGD/SCOR offerings were wasting their time. Your odds of success are probably worse today. Starting in June 1999, National Association of Securities Dealers (NASD) stopped listing of RegD/SCOR offerings from trading on OTCBB. Without OTCBB liquidity, investor interest in RegD/SCOR offers has declined.

If you create a startup national company, you'll spend most of your risk capital trying to find customers. Ninety-eight percent of time, you'll fail.

You may have a great new product or service that everybody needs. Nevertheless, world still won't beat a path to your door. You won't generate hordes of customers without spending tons of money and years of your life.

Your alternative to creating a startup company is to do a turnaround. This means rescuing an existing business on verge of failure. You'll buy company for pennies on dollar. You'll make it profitable, within a year. You can find turnaround information at your local business library. You can surf Net for turnaround information. You must get a feel for turnaround process before you try it. To succeed, you must avoid mistakes of current business owners.

Pick your turnaround company carefully. It should have a loyal customer base. It should make a product or offer a service compatible with your startup company plans.