<p>5 minutes ago I just passed a deal that could gross me $170k but I couldn’t fund it because it is outside of my purview. I got contacted by a PE firm from the UK who wants me to bring them deals. So I gave them that one. If it closes I could make $170k in less than 4 months and no work except a 1 hour meeting with the entrepreneurs looking for financing and a few emails. I’m Also contracting with the PE firm but that expense (time and effort) is SG&A because that relationship, if it’s good, applies to many deals and
could net me millions. They’re bringing me deals too. </p>
<p>It makes sense if you’re the founder. I’m the equity partner. I’ve also determined that I will need to buy a boutique investment bank so I can do equity M&A and private placements.</p>
<p>It all about your approach.</p>