How to Raise Money from Family & Friends
And be almost guaranteed to get it
I don’t do this anymore, but I used to be good at it. And I developed a framework for it that removes the embarrassment and increases the possibility of getting money.
The reason I don’t do this anymore is that my financial requests have surpassed what I can casually ask friends or family members for. Now, I have to deal with banks and financial institutions.
This framework helps you raise money very quickly from friends or family members, especially in an emergency. However, you don’t have to be in an emergency to use it. Also, you can adapt it to other situations, too.
Broke People Don’t buy TVs
This is the first rule of asking for money. If one of my friends called me up to ask for money to buy a TV, I would cut the call and possibly block the number.
What the heck?
So, if you are going to raise money from family or friends, it better be something important and significant.
Always remember that you are asking for someone’s savings or a sizeable chunk of their physical well-being spent. Never trivialize the amount, no matter how rich they look.
