I’m a “tried and true” start-up entrepreneur with 150 business ventures under my belt (www.peterjburns3.com). Over the last 4 decades, I’ve had hundreds of employees and while sometimes they are even effective…I’d take a whip-smart intern over a “cubicle-dwelling wage slave” any day of the week. The challenge has been in finding these accomplished, eager and dedicated young men and women that enjoy the “Art of the Start-Up” and my rather unorthodox style of hands-off management.
Quite by chance, I stumbled upon a very professionally administered Internship Program at one of the local San Diego-based universities that has since delivered a very talented young intern with a second joining me as soon as tomorrow. There aren’t many in the Cohort and up to 75 local businesses vie for these top International Interns (most with Masters and Doctorates) but from what I’ve experienced so far…I’d take them all, if I could.
See this nice “Reach Out” by the Program Director to her Cohort below:
Internships — Peter Burns
Wed, Feb 13, 4:59 PM (5 days ago)
Hope you are doing well!
I just wanted to let you know that Peter Burns still has openings for interns, working at the local Giostar co-working space, located by UTC. He has an assortment of projects related to alternative energy, stem cell research, travel, cosmetics etc… This list of opportunities continues to grow. He will customize the internship projects to meet your internship objectives.
We currently have one of our students interning with him right now. She just submitted her mid-quarter report and she thoroughly enjoys working with him. She likes being included in the deal-making strategic planning meetings and has learned a lot. According to her — “Peter is very helpful for students who plan to be an entrepreneur. He is willing to teach students how to help develop their new business ideas.” If you are interested in applying, email your resume and cover letter to Peter Burns (copied).
Please let me know if you have any questions. Have a great evening!
Program Manager | Business Programs for International Students
UC San Diego Extension
At any one time, I maintain 6–10 active businesses and realistically launch a new 1 or 2 every few weeks. There is a large and growing list of perfectly viable ideas that are added to my Future Projects TAB on my site, www.peterjburns3.com. What I need besides traditional interns to undertake projects for my existing ventures, are actual Project Managers to oversee and operate the fledgling business ventures that, once ready to launch the prototype, will receive my funding from the resources described below:
So….consider this a reach-out to all those able-bodied and ambitious students wanting actual experience with a “pureblood” entrepreneur who will mentor and guide you in the realm of entrepreneurship like no other. Likewise, all of you “wannapreneurs” out there, cursed by the words of abject failure “Woulda, Shoulda, Coulda”….give it a shot and come join me in my “Adventures in Capitalism.”
Follow the “Adventures in Capitalism” of Peter J. Burns III at www.peterjburns3.com
#Entrepreneur #Funding #peterjburnsiii #startup
Last Friday was like the proverbial “visitation from hell.” I made the naive mistake of thinking that I could actually have my own cash easily transferred from one place (Arizona) to another (California). Foolish me.
With the ever-increasing advent of security breaches and the accompanying banking laws which are ever more draconian…the ability to conduct actual and seamless commerce is being hamstrung…even in the World’s last bastion of capitalism…the United States of America.
So, I had a relatively modest cash payment (few thousand) due me from a colleague in Arizona that I assumed could be transferred to me and in an immediately accessible format (cash). Well…was I sure wrong on that one! I had flashbacks to the time I showed up for duty as the de facto Entrepreneur-In-Residence at an Ethiopian-based NGO with a bunch of cash for the 6 month duration, back in 2013. To my chagrin, I came to realize that money transfers, including Western Union…only work one way….into Ethiopia (www.expatrepreneur.us)…and are not transferable out. I started to feel the exact same way on Friday as I explored one method after another trying to get at my cash.
First lesson learned is that cash may NOT be deposited into another’s bank account. Then, I learned that while Cashier’s Checks could be deposited into my account, the bank would actually put a “hold” on the Cashier’s Check for a day or two, weekends not counted and since there is a bank holiday this coming Monday…I would likely not get my actual cash in my hands until next Wednesday or so.
I examined such transfer services as Cash.me, Plastiq.com and even that “old faithful” Western Union but I was loath to pay 3% to 5% or more in “fees.” It might not sound like much but my Scottish ancestry precludes me from just wasting money. That being said, my really, really bright Arizona colleague and I had a brainstorming session and we chanced upon a likely solution….
I would open up a new bank account at a branch of my friend’s own National Bank. Then, we would do an “account to account” transfer at zero cost to either of us. I would simply remove my awaited cash at the bank branch or take it out with my newly issued (to be) temporary ATM Card. Simple? Not so much…
Have any of you tried to open up a new checking account lately? Well, I haven’t for years and the process and paperwork had an eerie resemblance to buying a new home and executing those endless mortgage and note forms at the escrow company’s closing session. One hour later I had an account…and my money. Just what I needed…another bank and checking account. NOT!
I am a “Business Problem/Challenge Solver” and I started putting my very unusual brain to work. Since I’ve been or am currently involved with so many ventures (at least a half a dozen seemingly unrelated ventures simultaneously)…I quickly came up with one perfect solution to my little dilemma of moving cash. It came about from a brilliant new vertical of my Vietnamese Travel Project. (see link below)
One of this Project’s verticals involves the game-changing “Travel Token,” a way for anyone (including the unbanked) to pay for their travel needs seamlessly, immediately and with only a minimal cost. This revolutionary product comes intact with a “funds transfer” component which in itself, will completely replace those painfully onerous and expensive funds transfer services. All is KYC-protected and “bullet proof” (my Vietnamese partners provide Cybersecurity for the Country of Vietnam) and each party simply receives an eWallet…completely free. Funds are added and distributed between parties with a modest .05% fee is earned by my Vietnamese Partners. The transfer is instantaneous and the fiat can be repatrioted in any number of simple ways. (see link below)
I have been working 1 1/2 years with the Vietnamese and the travel booking engine (1 million hotels with significantly discounted pricing, complete with airfare) is complete. The integration of the “Travel Token” as a form of payment with the booking engine is about to be launched. The eWallet and money transfer system is in place. It is now my intention to “solve” the issue described with an easy and inexpensive funds transfer….and once more, I am hoping to solve a challenge and make a significant profit through a “game-changing” technology.
Onward and Upward!
Follow the Adventures in Capitalism” of Peter J. Burns III at www.peterjburns3.com
It is the remaining 20% that is the “Unique Differentiator”….and for that one needs to pick the “best in class” to complete the picture. That’s really what I am most skilled at doing…picking the “best in class.” It really doesn’t matter what the industry is to me…if there is profit in it and the project interests me…I will take the shot.
Today’s “Project” is in the insurance field. I was approached on Linked In (where else? lol) by a fledgling insurance agent for a very fast growing insurance company. Their model was to recruit agents, first as part-timers and then to build their base of clients to move them into full-timers… earning residual income from their own “recruits” as well from the premiums derived from their client base.
There was a well-researched and executed Affiliate Program in the insurance field…an industry that has been plagued with stagnation…until now. This insurance company had generated over 10,000 Independent Agents in the past several years, earning the founder tens of millions in net worth and setting the foundation for their ambitious goal of reaching 500,000 Agents by 2029. The unique piece that caught my eye was their focus of embracing the industrious Immigrant Populations..which the founder, himself was a member off. The “American Success Story” was exemplified by targeting Immigrant Populations and offering them a chance to better their financial lives through becoming licensed Insurance Agents.
I invited the nice woman, who was ambitious but struggling in her new role as a fledgling Agent for this aggressive and successful Insurance Brokerage. Her “past life,” first as a “suit” in the traditional Corporate environment, until she was unceremoniously downsized led to her employment at half her former salary as a Social Worker. This tenure was short-lived and not nearly as rewarding, especially on a personal level, as she had high hopes of “doing good,” even if it wasn’t financially rewarding.
We met over coffee across from the Ocean where I lived in Southern California. I took in her “story,” offering parts of my own in the effort to see how our goals might be aligned so that I could practice my mantra of “doing well by doing good.” We came to some initial conclusions that there was indeed something there to build upon. She reached back a couple of days later suggesting that I meet with her again and be joined by her Direct Supervisor, a whip-smart young 30-something from the entertainment field. He had ditched all (and the commensurate high income) to be off on his own now inside this very successful insurance venture.
The three of us met over coffee at my new home town yesterday and we explored a number of initiatives that might find a “home” with their company as a “value added” proposition. It was obvious to me how having access to 10,000 Independent Agents, who may well have need of my unsecured funding and credit repair offerings (www.burnsfunding.com) would be of interest. Likewise, my own state-of-the art targeted lead generation program, perfectly suited for financial services as well as insurance companies, could have great benefit in both client acquisition for writing policies as well as for developing a steady stream of suitable affiliate candidates.
As is the usual case of my instinctive and accelerated “learning curve,” as well as the fact that I was an accomplished chess player since the age of 9…I already envisioned the “end game” of this new association. The challenge would be in dealing with the “suits” and the “authorities” present in any large organization, especially in as regulated an industry as insurance..which likely would involve the “red tape” and compliance issues that would inevitably work against a timely and workable solution between us unless…
Actually, the lady Agent offered the idea to me, which I glommed on to immediately and we just left our third meeting together minutes ago. She would willingly be my “beta test,” proving that with my help, resources and ingenuity, I could scale her own efforts to reach her immediate goals of reaching the next level in the insurance company’s “hierarchy.” This would both establish herself as a successful insurance professional and prove the model for replication within the Company…when they could finally catch up with my rapid pace. As I’ve always said..”I’d rather ask for forgiveness than permission.” lol
So…I already put into motion my plan of action of assisting this fledgling Agent to support her efforts in reaching her goals while paving the way for achieving my own goals in this completely new (to me) field of insurance. In my eyes, this is simply another “Project,” with a potentially huge upside as well as the opportunity to help someone earn her slice of the “American Pie.”
Since I am already heavily vested in the Immigrant Population of the Vietnamese-Americans through one of my bigger “Projects,” (see link below) and have an extension of both my funding project and Immigrant Populations linkage (see blog link below)
….it stands to reason (at least to me, lol) that with the help of my new Agent friend and the cooperation of those in her immediate circle in the insurance business, I can successfully “prove the model” with her and offer the chance to successfully replicate same throughout her very quickly growing Insurance Company Parent.
In my mind, it is certainly worth my effort here and it proves my axiom once again…”All Businesses are 80% The Same.”
Follow the “Adventures in Entrepreneurship of Peter J. Burns III at www.peterjburns3.com.
Actually, “Today’s” Start-Up is simply an aggregation of the tools, connections and practices that I’ve been utilizing for over 4 decades…first for my own ventures and in the past 10 years or so, for others needing capital. As I’ve mentioned in past blogs, I’m most adept at “debt funding,” as raising equity is really most suitable through Investment Banker-types and Angels. To that point, I’ve just launched my own version of a “One-Stop-Shop” of debt funding for the individuals starting in business and even those simply in need of debt consolidation at 0% loans. My Program offers many tools and debt capital resources to existing and start-up businesses and even provides a “white label” solution to businesses seeking to offer funding to their own client base to stimulate additional sales…with our money. (Please click on link below)
Even as an accomplished entrepreneur with 150 start-ups under my belt (see www.peterjburns3.com) I can often get bewildered by the sheer volume of solicitations from so many so-called financing resources out there. I’ve “culled the heard” and only do business with the actual owners (fellow entrepreneurs all) in three of the most credible and successful debt capital resources. Combined, these funders do hundreds of millions of dollars in unsecured debt funding annually. And they are still small enough to take my call. lol
Other providers of credit repair, credit enhancement (Primary Trade Lines), seasoned shelf corporations and even a 48-hour “Rapid Rescoring” have been vetted and are part of my own “One-Stop-Shop” Program. I even have my own significant credit line to offer Bridge Loans to over-stretched credit card debtors to lower their balances on their old high-interest lines in order to qualify for our 0% interest (12–21 months) at greater amounts of “fresh” capital.
While I am currently involved in many new and existing ventures like Stem (Adult) Cell Cosmetics Manufacturing, Cost Segregation Study Marketing, the Entrepreneur Credit Card, Cannabis Banking Services, Cryptocurrency Rig Financing and Insurance and a myriad of others…the fact remains that “Money” is my main business.
Please visit our new site of Burn$ Funding (www.burnsfunding.com) and let’s see if we can help you with your capital needs.
Follow the “Adventures in Capitalism” of Peter J. Burns III at www.peterjburns3.com.
Does anyone remember the old ESSO (predecessor to EXXON) ad campaign depicted in the picture above? Some of the advertising slogans from days long ago remain firmly entrenched in our consciousness and I thought it was an appropriate symbol for my Blog today…
Below it a recent Post that shares the “quick and dirty” of my messaging:
Below is a Blog I recently did regarding the expansion of capital raising (debt) in the US for the purpose of helping eligible US-based immigrant populations to assist their friends and family in the businesses back home:
Now, I’d like to try and tie it all together in here for those existing businesses, start-ups and “wannapreneurs” out there…
Access to affordable (debt) capital is my forte. As a young entrepreneur (a long, long time ago, lol) I had to “invent” all sorts of ways to fund my business dreams because traditional bank loans and outside equity infusions for my ventures were a mere “pipe dram.” As a result, I got pretty darn good at raising money from unconventional resources. Only a couple of years ago an old investment banker friend introduced me to a unique unsecured debt capital resource that I fashioned into the Entrepreneur Credit Card (www.entcreditcard.com/imagine) and through the Forum of Linked In Blogs and Posts, I managed to fund many business ventures for my readers to the tune of millions of dollars.
I expanded that “reach” to assist those whose credit requests were declined (too much existing debt, “bumps” on their credit reports, etc.) by enlisting a credit repair/enhancement service to get these would-be borrowers back “into the game” by cleaning up their credit and even bridging them with short term loans to pay down their credit card balances to acceptable ratios.
I used a couple of debt capital providers to fund those coming to me for money. One was the actual provider who “invented” the capital structure and infrastructure that is the foundation of my Entrepreneur Credit Card (www.entcreditcard.com/imagine). This funder requires “A” credit of 700 FICO scores, so those that are “credit challenged” are out of luck with this provider. Their innovative FinTech product has funded $500 million in the first two years of offering this product.
The second provider specializes in “B,” “C,” and “D” paper, offering extensive credit repair services and then installment debt options for clients that I refer to them. In their 14 years in business, they have provided $1 Billion in debt capital to thousands of clients and repaired the credit of 35,000 customers.
Recently, I was approached through Linked In with one of the principals of a 2 year-old start-up in the same financing field…with $200 million in business generated already. The 4 principals of this company were young and ambitious and after spending much time chatting with them and testing out their array of products, (several unique and proprietary) I decided to make a significant equity investment in their fledgling company.
As I mentioned, I’m approached every day with requests for capital, joint venture opportunities etc. This has been going on for years and in servicing these requests, I’ve made a large number of connections in the Consumer Financing vertical and learned many “tricks of the trade.” In the past several weeks alone, I have lined up two $100 million in annual lending clients that I can bring to the table of my latest partner-to-be and while I currently do earn my healthy commissions for new business I generate for them…I conjectured that in this case, I really can “have my cake and eat it too” by becoming an equity investor in the parent.
Access to the inner workings of a consumer financing company has also manifested in additional and powerful new opportunities. For instance, I learned of the exceptional profits that can be generated through a “bridge financing” element to pay down client credit card balances to gain approval for fresh capital from the lending resource. It is complicated with all sorts of legal restrictions and the bridge lender must be “firewalled” from the consumer lending company so I am starting my own bridge lending company and offering my services not only to the new consumer lender I intend to join as a principal but I am also offering these bridge ending services to my two large existing credit providers. I’m lining up all the legal “gobbleygook,” agreements with my Direct Lender resource for my line of credit and processes of implementation as we speak.
In my search for creating the “perfect storm” of debt capital resources, I’ve added two more little-known resources for the consumer, which I will also offer: a 48 hour “Rapid Rescoring” option and the “renting” of Primary Trade Lines for the applicant. The “Rapid Rescoring” allows for the credit profiles to reflect the bridge loan pay downs and repair to the consumer’s credit to be posted on all 3 Bureaus in only 48 hours instead of the traditional waiting for the next reporting cycle of 30 days or more….which greatly accelerates the funding process. The “renting” of Primary Trade Lines positively accentuates one’s credit profile and is done in a totally legal and acceptable methodology.
The end result is that I have cobbled together three very significant offerings (bridge lending, Rapid Rescoring and Primary Trade Lines) with my access to three of the largest consumer credit grantors in the country…managing to create the greatest possible consumer lending platform for the individual and business borrower available. When you couple these combined benefits with the tried and true 4-decade-old entrepreneurial experience that I have under my belt (www.peterjburns3.com)…there truly is no one more qualified to assist any and all borrowers to let me “Put a Tiger in Your Tank.”
For those of you out there that need access to immediate real estate acquisition, refurbishing and “fix ‘n flip” capital at short term (12–18 months) at “affordable hard money rates”…one of my lenders has offered me access to $1 Billion in readily available funding for my real estate clients. Reach out directly to me at firstname.lastname@example.org for this financing.
Follow the “Adventures in Capitalism” of Peter J. Burns III at www.peterjburns3.com.
Yet another recent article, this time about my “for hire” work:
“After 43 years in the industry, Peter J Burns III has a rather impressive repertoire of business under his belt. Since entering the entrepreneurial space, Burns has launched over 150 business and with experience and expertise on his side, it appears as though he won’t be stopping anytime soon.
As a “serial-entrepreneur” Burns has covered the spectrum in terms of possible entrepreneurial undertakings, working in cryptocurrency, cannabis, and most recently, travel. His vast knowledge of the space has inspired him to give back, but not in the traditional tax write off type of way. Burns is giving back to the entrepreneurial community by acting as a “hired gun”. This savvy businessman is looking to partner with start-up companies, and established ventures alike, doing contractual or project work.
Along with his know-how, Burns brings more to the table with over 40,000 personal contacts. His contacts range from those in high ranking government positions, to the Harvard Business School and everything in between. Burns’ two siblings also hold their own in their respective Entertainment and Finance industries.
It is for this reason that Burns is looking for cream-of-the-crop clientele, those with established business models who seek fine tuning to maximize efficiency and profitability, or those who are still in the beginning stages and need assistance with financing and planning. Regardless of where you’re at in this stage of the game, Burns provides an unparalleled level of assistance and connections that will assuredly help you to prosper in the dog-eat-dog world of entrepreneurship.
If you’d like to work with Peter, you can contact him via his website:
Or his LinkedIn:
Money, Money, Money….. https://lnkd.in/eyxzy38 If an entrepreneur (start-up or existing business owner) has no “gas in the tank”…they won’t be in business long…if ever. I solved that issue-completely. If you need unsecured debt and your credit is at a 700 FICO score or more…my lender will lend you up to $175,000 at 0% interest for 12–21 months on a revolving credit line https://lnkd.in/eSTgisz If you have credit issues, we can help…and then lend you the money. www.entcredit.com You have nothing to lose and everything to gain and I should know…I’ve started 150 businesses in 43 years (and counting). See my story at www.peterjburns3.com.
I get it. I am often not the most diplomatic or “politically correct” person in the room…but compared to our President, I am downright circumspect. lol
However, a series of always present and ever simmering circumstances have caused me to share my thoughts on this Forum tonight. People…you just have to stop being sheep and actually get out there and “Just Do It,” like the proverbial Nike ad tells is. Don’t be “sheeple,” just get out there and take a swing for it. Life is short, it ends for us all…that is the truth. We simply don’t know the when it’s our time to go. That’s also the truth.
So…I say, “Go for it!” I get approached by hopeful borrowers, so-called investment seekers or hoped-for vendors and lots and lots of “wannapreneurs” every single day…sometimes 30–50 every single day. I really don’t have time for many and select only a few to correspond with and even less to meet with in person but the fact remains that very, very few of the rare number of people I actually do take the time and effort to connect with and actually dig down and get to know and spend time with….ever actually matriculates into a worthwhile and mutually beneficial situation.
I guess that is simply the “nature of the beast.” Some things work and most do not. But I say..”Who cares?” You have to at least try. And if you are dealing with me…you sure as hell better follow through when I have “gifted” you my time. We all have limited time in this life and sharing one’s time with another is our most precious “gift” of that asset. Don’t waste your own time…and you sure as hell better not waste mine!
I was reminded of two such instances that I will refer to in this blog here and now.
Literally every day, I am besieged with so-called vendors who ply their services with abandon on LinkedIn. I could actually use some of these services too but am reluctant to put myself in the mode of being “hard sold.” I just don’t like it but..if I need something and am willing to buy it, I’m going to actually have to hear about it from the vendor also.
I wanted a legitimate service for SEO work on several projects. I scoured through the so-called offers and gave a bright young man my time, (WAYtoo much time it turned out) to let him “sell” me. At first, his prices were not even competitive but his skill sets were quite good and he even provided some interim examples of what he could do for my various enterprises. We had many communications together including extensive conference calls and Power Point presentations etc. and I felt that we had come to an open understanding of what it was going to take to work together. After several weeks of this back and forth, the “pedal hit the metal,” as they say and we both realized that we simply were not going to be able to make a deal. I get that…it happens. The lesson learned from this “exercise” was that some people, most people in fact…simply cannot get out of their comfort zone and take a chance. No way, no how are they ever going to stray one inch from their “tried and true” methods of doing the “same old, same old” for fear of the unknown and losing. I call “bull…t.”
What happened is the young man lost out and I got exactly what we were negotiating for anyway from someone else and at a fraction of the cost…and literally closed that deal 48 hours after he dropped out. The new supplier is going to make a fortune from my business earned, I got exactly what I was after and after having been willing to spend my precious time trying to make it work with the first guy…he is back to his “same old, same old” and unfortunately for him, that’s all he is ever going to get or be. “No guts, no glory” for the “sheeple,” I say.
Another such example came to fruition only these past few days. I had made the acquaintance of someone from LinkedIn who also happened to be located in my neck of the woods, so after several communications together we decided to meet for coffee. We hit it off and greatly expanded our initial “scope of work” together by mutual consent. It seemed like a perfect fit and as I am prone to do, I rapidly scaled the relationship by opening up a multitude of doors and opportunities that “no way, no hell” could the fella ever get offered to him by anyone else…ever.
You see, I saw a man who was my age, “comfortably indentured” in a high paying position in a sales of a service that I wanted and could scale for him exponentially… with the added bonus that he was actually a seasoned writer and could help me on a long-awaited writing project of my own. With his apparent “buy-in,” yet increasingly trepidatious steps taken, I rapidly paved the way from his “Gerbil Wheel” existence as basically an “indentured servant” with zero upward mobility, (mostly because of his age) and offered him a way out to become self-reliant and financially independent…without even having to leave his existing paycheck by embracing my well-orchestrated “side hack.”
Everything was proceeding and I made key introductions and arrangements to proceed. However…he got “cold feet,” fell away and disappeared. Rather than getting angry at my wasted time and effort with him, I merely reached into my ever-increasing network of contacts and “anointed” a vibrant and already accomplished 20-year old woman with capital and opportunity and she has already produced the beginning efforts that I sought from the older gentleman that I was giving his shot. He lost and both the young woman and I won.
The point of this story is…you simply have to take a chance when offered an opportunity. If you don’t …you will lose and someone less timid will grab the brass ring and benefit while you wile away with those terrible words of…”woulda, coulda, shoulda.”
Follow the “Adventures in Capitalism” of Peter J. Burns III at www.peterjburns3.com….AND DON’T EVER WASTE MY TIME! lol