May 15, 2019
Episode 103 | Zalmi Duchman Shares Why Angel Investors Aren’t Always the Answer to a Profitable Business
Where is the money coming from that fuels your business?
Zalmi Duchman is an entrepreneur and food-tech pioneer. In 2005, Zalmi launched The Fresh Diet out of his apartment with $500 on his credit card. Over the next 10 years, Zalmi grew his business into the largest fresh daily meal delivery service in the country, with over $30 million in annual revenues. After selling his business, Zalmi switched his focus to helping other small business owners by mentoring, investing and writing for Forbes.com. Today Zalmi operates HomeBistro.com, a frozen meal delivery company as well as advises Mellow.com a smart sous-vide kitchen appliance that has revolutionized home cooking.
Money, and where it comes from, is a huge factor in the growth of your business.
Are you slowly growing into profitability? Or are you experiencing explosive growth through angel investments or outside capital, as your business takes off?
There are two ways your money fuels your business:
One of the dangers of that fast growth is that you can quickly run out of money! And without money, you don’t have a business.
This week’s guest on the Success Unfiltered Podcast, Zalmi Duchman, started his food company, The Fresh Diet, out of his Miami apartment. After convincing the bank to give him a $900,000 SBA loan, he acquired a national competitor, and business took off.
Then, the money ran out.
If you’re ready to hear all the nitty gritty details of what it’s like when the investment money runs out, then this episode of Success Unfiltered is a MUST LISTEN!
Enjoy, and thank you for listening and tuning into Success Unfiltered!
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Special thanks go out to Zalmi Duchman for taking the time to chat with Michelle. Be sure to join us next week for our next new episode!
How Much Does It Cost To Work With You?” THAT question comes up in a sales conversation. Suddenly your heart is pounding and your confidence is shaking. You’re hoping to answer without choking. But what if the REAL answer to the COST question wasn’t about dollars, but something a LOT more powerful? If you know what that something is, it just might change your sales conversations FOREVER. My FREE guide, “Cost Vs. Investment: The Secret To Showing Your Value” will show you how to take the sting out of sales conversations by focusing on the REAL outcome of your services.
Here are a few key secrets we talked about in this episode:
Connect with Zalmi:
P.S. How Much Does It Cost To
Work With You?” THAT question comes up in a sales conversation.
Suddenly your heart is pounding and your confidence is shaking.
You’re hoping to answer without choking. But what if the REAL
answer to the COST question wasn’t about dollars, but something a
LOT more powerful? If you know what that something is, it just
might change your sales conversations FOREVER. My FREE guide, “Cost Vs. Investment: The Secret
To Showing Your Value” will show you how to take the sting out of
sales conversations by focusing on the REAL outcome of your
services.
Music produced by Deejay-O www.iamdeejayo.com