Advice for aspiring entrepreneurs from the Neon Money Club [Yahoo! Finance Canada]
Morgan Stanley (MS)
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Source: Yahoo! Finance Canada
Neon Money Club CEO Luke Bailey joins Wealth! to break down his top tips for aspiring entrepreneurs. "I think the number one thing is getting capital right. And so if you're starting a business and you have a business plan and you can get a loan from a bank, that's traditional, go for it. If you're starting a bigger business, like a tech company or a startup, you're going to want to raise venture capital and that's going to be a bit harder," Bailey explains. He notes that on the venture capital front, it's more about investing in people rather than just a company. He also emphasizes the importance of relationship building, explaining the importance of being "genuine" when networking. Bailey touches on his entrepreneurial journey, telling Yahoo Finance, "I had been working in banking for about 20 years. So I worked for four of the biggies. I worked for Wells Fargo, I worked for Morgan Stanley, I worked for JPMorgan not once, but twice, and I worked for Citigroup. And so I have be
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