James Joseph Ling was a man who was acknowledged to have mastered the technique of using other people's money (OPM). James Ling used other people’s money to climb to top prominence as head of one of the biggest electrical construction company in the 1960s. He built his business empire Ling-Temco-Vought or LTV using funds from equity investments. Ling's Approach to Using Other … [Read more...] about Other People’s Money (OPM): Equity Style
Other People's Money
Partnerships: Utilizing the Power of OPM in Marketing
Staying ahead of the marketing curve seems to be a never-ending quest. Marketing doesn't have to be as complex as some people make it out to be. It s simply a matter of understanding who you are marketing to your ideal customers and then coming up with a system that keeps your name in front of them. A huge part of the system is creating enough value for your customers that they … [Read more...] about Partnerships: Utilizing the Power of OPM in Marketing
What is OPM or Other People’s Money?
Book Excerpt from Rich Dad's Advisors: OPM: How to Attract Other People's Money for Your Investments--The Ultimate Leverageby Michael A. Lechter Getting Out of the Rat Race and Navigating the CASHFLOW Quadrant Using OPM How do you get out of the rat race? The Rich Dad answer is to put your money to work for you instead of you working for money. You do that by investing in or … [Read more...] about What is OPM or Other People’s Money?