From financial to cultural to intellectual, there are at least nine different types of capital that an entrepreneur can obtain.
Shockingly, financial capital is the easiest to get a hold of. But if you’re looking for funding from investors, you’ll also have to show them what you have to offer — which typically means demonstrating another type of capital. For example, someone who is asking for $500,000 from investors for their tech startup may have credibility because they have experience working in technology. This is called “experential capital.”
In this video, Entrepreneur Network partner Patrick Bet-David describes each type of capital and how it may be used in the business world and when pitching to investors.
Click play to find out which types of capital you may already have — and how to leverage them.
Watch more YouTube videos from Bet-David on his channel.
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