30 Ways To Raise Capital For Your Business

Raising capital for business has been a major challenge for the teaming
population of aspiring entrepreneurs all over the world. Lots of great

business ideas remain as thoughts or plans and never materialize due to the
challenge of raising capital.
Everywhere you turn you see someone giving up on a

brilliant business idea or a new business suddenly folding
up. Ask why, and the once-enthusiastic innovators will tell
you with gloomy faces that they have no capital. They
have no one to support them.
The general consensus is that capital is money, and that it

is very scarce. But that is not the case, as you will learn from this book.
30 Ways to Raise Capital for Your Business reveals several ways to raise
capital for your business that will inspire you to get started. It is time to
move ahead with your business plan.
Chris P. Ogala, by divine privilege, is a serving

worker in Living Faith Church Worldwide (a.k.a.
Winners Chapel International Inc.) under the
mentorship and leadership of Bishop David ).
Oyedepo; and an alumnus of the prestigious Word
of Faith Bible Institute (WOFBI) run by the same
ministry.
He is a music minister with an unusual anointing for

the choir coordination, seasoned in the Word of
God, a motivational speaker with great passion for helping people out of
life’s challenges, and an author with emerging works.
Also, he is a graduate of Mechanical Engineering, married to his lovely

wife Diamond and blessed with wonderful children.
FINANCE AND INSPIRATIONAL
9 789785 558739 CHRIS P. OGOLA

1
30 WAYS TO RAISE CAPITAL FOR YOUR BUSINESS
CHRIS P. OGOLA
2 30 Ways To Raise Capital For Your Business
Copyright © 2017 by Chris P. Ogola
All rights reserved under International Copyright Law.

Content and /or cover may not be reproduced in any form without the
express written consent of the publisher.
ISBN:
Unless otherwise indicated, all Scripture quotations are taken from the
King James Version of the Bible.
Published in Nigeria by:

Gospel Warehouse
20 Birabi Street, GRA Phase 1
Port Harcourt, Rivers State-Nigeria.
gospelwarehouseng@gmail.com
+234 (0) 802 325 5362
Author’s Contact
Email: chrisogolabooks@yahoo.com
Contact: +234 (0) 809 882 0094
Facebook page: @30waystoraisecapital
Editorial Services Provided by:
D. Marcus Chucxz & Associate (An Aperion Media Company)
Email: d.marcuschucxzandassociates@gmail.com
+234-(0)-705-377-7911
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Contents
Dedication 5
Acknowledgement 7
Foreward 9
Introduction 11
SAVINGS 15
FAMILY AND FRIENDS 19
SERVE FOR IT 23
PARTNERSHIP 25
BANK LOAN 29
SOMETHING YOU OWN 33
GO FOR ALTERNATIVES 37
WHERE YOU LIVE 41
ANGEL INVESTORS / VENTURE CAPITALISTS 45
START SMALL 47
LIQUIDATION OF EARLIER INVESTMENTS 51

GRANT 53
SOLVE A PROBLEM 55
CONTRIBUTIONS (THRIFT /COOPERATIVES) 59
COMPETITIONS 63
FROM IDEAS 67
USE YOUR GIFTS AND TALENTS 71
GOVERNMENT AID 75
REQUEST UPFRONT PAYMENT 79
NETWORK MARKETING 83
CROWDFUNDING 85
INHERITANCE 89
CONVERT WASTE TO CAPITAL 93
MAKE EXCHANGE 97
OCCASIONAL BENEFITS 99
GET COUNSEL 101
MORTGAGE 103
RETIREMENT BENEFITS 107
DIVINE COMMAND 109
FOLLOW DIVINE DIRECTION 113
FINAL NOTES 117
PRAYER OF SALVATION 121

5
Dedication
This book is dedicated to:
• The Holy Spirit, for the release of grace, wisdom and

revelation.
• All those who are currently facing challenges raising

capital for their business.
• People that are actively involved in providing funding

support for businesses.
• Those who will begin to help aspiring entrepreneurs

overcome hurdles to raising funds for business in any
way they can, including giving out copies of this book;
and
• The loving memory of my parents for the godly

upbringing they gave me in their lifetime.
7
Acknowledgement
First of all, I thank God Almighty without whom I am

nothing. I owe it all to Him.
I appreciate my Mentor, Dr. David O. Oyedepo, who stirred

up the gifts in me into manifestation through his robustly
structured guidance founded on 12 powerful Pillars of Destiny.
Thanks to Dr. Ugochukwu Unachukwu, under whom I was

privileged to serve; learnt various leadership styles; and whose
ministry intensified the passion for discovery of my purpose.
Initial motion for the execution of this mandate was activated
when the format of one of your books was strongly impressed
in my mind which suddenly made the seemingly difficult
assignment look simple.
Pastor David Ibiyeomie, the touch of excellence I see around

you is making great impact in my life, including this book.
Thanks for being there.
Dr. Andrew Tongbe, President – End Poverty Foundation, I

am humbled by your rating of this book and the passion with
which you wrote the foreward. Thanks.
Igbinedion Doye Angela (Ph.D), Amos Ndueso Okon (Author

of “The Effects of Positive Attitude”), and Reginald Anosike,
thanks for your various contributions towards the success of
this book.
My dear wife – Diamond, and our lovely children, you are the
best. I deeply appreciate you for your support and enabling
atmosphere at home.
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Foreward
Entrepreneurship simply means: owning your future.

Raising capital is a major Business Challenge for both aspiring
and existing entrepreneurs. Capital is a catalyst that makes the
future of an entrepreneur or business owner certain.
There are many books out there on RAISING CAPITAL

FOR BUSINESS. Many of them are entertaining without
substance to affect readers positively. But this book “30
WAYS TO RAISE CAPITAL FOR YOUR BUSINESS”
is a compelling practical compendium of 30 Ideas on raising
capital effortlessly for transformation at all levels of business.
Without an iota of doubt, l do believe that this

balanced book in your hand is a unique material
that strikes a balance between the Godly and secular
approaches to raising capital for business.
I perceive that there is a longing in the heart of the author to
‘impact’’ his readers, most particularly aspiring and existing
entrepreneurs with requisite knowledge about RAISING
CAPITAL FOR BUSINESS. The Bible says the truth you
know shall set you free. Candidly, Mr. Chris P. Ogola has done
exceptionally well to the subject of Raising Capital for capital

seekers and capital providers. Those who heed his advice in
this book will be free from capital bondage.
I strongly believe and recommend the book as a working

material and reference book to both capital seekers and capital
providers. It is a record breaker and pace setter for raising
capital by anyone in any field of business.
Save your business now!
Dr. Andrew Tongbe

President,
EndPoverty Foundation
Port Harcourt, Rivers State
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Introduction
30 Ways to Raise Capital for Your Business is a book triggered

by an overwhelming revelation I had during my study of the
book of Job. It was fired into my spirit like a tiny seed which
kept growing daily with amazing new insights from scriptures.
After one month of my initial encounter, it became a mandate
for me to write this book to help millions of people whose
basic hitch to launching their business is lack of capital. By
grace and revelations, previous knowledge, experience and
research, the assignment has been successfully completed. I
hereby gladly present to you 30 Ways to Raise Capital for
Your Business. If you are having difficulty in raising funds for
your business, this book can help you significantly.
Lots of great business ideas remain as thoughts or plans and

never materialise due to the challenge of raising capital to get
them off the ground.
Almost everyone you know who has a dream of starting a

business will tell you at one point or the other: “I have no
capital to start”. “There is no one to help me.” Such expressions
and others like them are mere variants of the fact that they
have no funds to match their great ideas and help bring them
to reality.
But is capital really so scarce? To an extent, yes! However, the

real issue is not the absence of capital but the lack of knowledge
of how to get it. The more knowledgeable you become about
how to raise funds for your business, the higher your chances
of scaling this hurdle and going on to actually establishing
your business.
When the term capital is mentioned, what comes to the minds

of many people is money. They are correct, but that is not the
entire meaning of capital as it relates to business and in the
context of this book.
Capital is anything of value that can be used to start or grow

your business. It does not really have to be money in particular.
Five major types of capital exist and are all useful. They are:
• Financial Capital: There are many things you cannot

do without money. Money empowers.
• Mental or Intellectual Capital: Knowledge is power.

Your mental soundness is your worth.
• Physical or Bodily Capital: Health is wealth. Your

physical fitness affects your level of productivity.
• Relational Capital: Your network of valuable

relationships determines your net worth.
13
• Spiritual Capital: Prosperity without spirituality is a

risk; you can be wiped out at any time. When prosperity
and spirituality co-exist, they produce posterity.
As you read this book, you will see several ways to raise money
for your business, and you will also discover ways in which you
can start your business with little or no money, like millions
of people have done successfully.
For those of you under continuous pressure from people to

help them with money for their businesses, permit me to
suggest that while you do your best to assist as many as you
can, financially, consider giving them and those you can’t help, a
gift of a copy of this book. They will thank you for it eventually.
As you read on, it is my prayer that you see the way forward,
be able to take necessary steps to overcome the challenge of
capital and begin to make progress in life.
S AVI NG S 15
SAVINGS
Savings is a very primary source of raising capital for countless

numbers of people. It is the starting point for most small
business owners; their first password for capital generation.
From your personal savings over a period, depending on your

income and what your target is, you should be able to raise
all or some of your capital. Your savings show you are serious
and committed, which can consequently pave way for influx
of capital from other people and sources.
A wise man said “a good way of handling money is to save

some, spend some and invest some”. The Biblical account of
the life of Joseph – the eleventh son of the Jewish patriarch,
Jacob (also known as Israel) – is perhaps the first one of the
earliest recorded introductions to the concept of savings. When
brought before the King of Egypt at a period of impending
national calamity, this young Hebrew gave a very sound savings
strategy that constitutes great wisdom for all times. Individuals,
organizations and nations that apply this wisdom thrive even
in recession.
Let Pharaoh do this, and let him appoint officers

over the land, and take up the fifth part of the
land of Egypt in the seven plenteous years…
And Joseph gathered corn as the sand of the sea,
very much, until they left numbering; for it was
without number.
Genesis 41:34, 49
The fifth part means twenty percent. Going by this wisdom,

20% is the recommended minimum savings of all incomes for
investment or other profitable uses. But you are encouraged
to save more if you can.
Whatever fraction of your income you save consistently, will

significantly increase over time just as continuous little drops
of water make a mighty ocean. Even if you consider your
income insufficient for your needs, try to save some no matter
how small, so it will become habitual and easier as you grow.
Growing up enables you learn things along the way that will
help you remain on top when you get there. Life is in stages.
If you jump up you will definitely come back to the ground.
Allow yourself to grow up.
Get started. Save! Save!! Save!!!
Below are some strategies for successful savings:
• First clear off your debts.

• Forget all about borrowing. Adjust your lifestyle.
S AVI NG S 17
• Cut down your current expenditure and take up the

excess as savings.
• Set aside emergency fund with enough money to cover
your necessary needs for at least three to six months.
• Be consistent. Ensure you remove your savings
immediately you earn an income. Placing a standing
order on your account will help.
• Control your expenses by maintaining and following
a budget. Keep records so you can make adjustments.
• Save all or at least 20% of any extra income. When
there is an increase in your wage, do not increase your
expenses till at least three months. Save the increase.
• Join a functional thrift group or cooperative.
• Have separate accounts for savings and expenditure.
This will help you resist the temptation of spending
your savings.
• Motivate yourself with a savings goal. Write down
what you are saving for and look at your dream daily.
• Establish the amount of money you must save monthly
in other to reach your goal within a predetermined
time frame.
• Depending on what you are saving for, put your savings
in long-term or short-term secured money market
investments to avoid the temptation of spontaneous
spending.
• Start now. You can start small. Don’t wait for increase
in your pay. Expenditures will never cease, but will

rather increase to catch up with your earnings if not
controlled. It is how much you save that count, not
really how much you earn.
• Be a resilient and skilful negotiator. Negotiate prices
favourably. Get best value for your money.
• Think beyond cash. Present services or other offers
that may not involve the use of money to accomplish
your objectives.
• Establish a giving policy. Set a limit let’s say 5% of
your income and determine who qualifies for it. This
will help you not to get overwhelmed with requests.
• Bulk purchase of items can save you significant money
due to economics of scale.
• Allocate monthly stipend to yourself for personal
needs. Once it is spent, wait for the next allocation.
• Communicate clearly and review your financial goals
with your spouse in order to eliminate all wrangles
about money.
• Earn and keep earning income, so you can continue
adding to your savings rather than depleting it.
F A M IL Y AND F R I ENDS 19
FAMILY AND FRIENDS
This is one of the most common ways by which new businesses

raise their capital. Family members and acquaintances know
the entrepreneur or business owner personally and are usually
excited to be a part of their success story. Once a business idea
begins to form in the mind of a potential entrepreneur, the
first persons he or she shares the idea with are usually family
and friends. If they buy into the idea and are in a position to
help, raising start-up capital is both easier and faster.
See how family and friends assisted Job:
Then all his brothers, sister, and former friends

came… And each of them brought him a gift of
money and a gold ring.
Job 42:11(NLT)
The money Job’s brothers, sisters and friends gave him was very
useful as capital for him to restart his business. He became
twice as rich as he was before his challenge.
However, the odd thing in this method is that some relationships

may become strained if not properly managed, as some people
tend to act strangely because of assistance they are required
to render. But if you package and present your plan properly
things will most likely go well even if you don’t get a positive
response. Don’t be too reluctant to try. You might be surprised
by the person who is willing and able to support your business
without posing any challenge.
Make a list of people in your life that you can meet for help.
If you cannot get one person to provide the full sum, consider
breaking the capital into smaller units and get each piece from
different people.
It is also wise to accept support in kind. For instance someone

not having spare cash may be willing to give you equipment
or material they own that can be used for your business.
SOME REASONS PEOPLE

DO NOT GET EXPECTED HELP
• Unconvincing proposal: When a proposal is poorly

prepared or presented, it won’t be compelling enough
to get a positive response. Your business plan should
be clear and explicit, and should show exactly what
use the requested fund is to be put to.
• Questionable integrity: Getting people to support
your plan or idea can be a very difficult task, if they
cannot trust you.
• Unrealistic request: Requesting an amount that will
F A M IL Y AND F R I ENDS 21
intimidate the person you are asking for support.

• Request too urgent: Not everyone tolerates unplanned
expenditure. Some people will need time to factor your
request into their plans.
• Authoritative demand: When making a request, some
people act as if it’s a debt they have come to collect,
a right they have come to enforce, or that they have
come to reclaim something they gave their would-be
benefactor to hold in safe-keeping for them. Such
an attitude would more than likely send them away
empty handed.
• Extravagant lifestyle: Never hesitate to delay
gratification in order to accomplish a goal. Success
is sweet when the sacrifice made is known. If you are
known for prodigal living, people will most likely turn
you down when you need their help.
• Greed: Some people find it very difficult to help others
no matter how wealthy they are. If you meet someone
having this character for help, it will likely result to
wasted effort. On the other hand if you’re known to
be greedy and unwilling to help others in their times
of need, it is more than likely that others will shun you
in your own hour of need.
• Genuine unavailability of resources: At times, people
truly do not have anything to spare because of their
pressing needs.
S ER VE F OR I T 23
SERVE FOR IT
Jacob served Laban in his sheep-rearing business. He never

had any money, but by serving he was able to marry and start a
family. He served for a wife and also for his own flock of sheep.
And Laban said unto Jacob, Because thou art

my brother, shouldest thou therefore serve me
for nought? tell me, what shall thy wages be?
And Jacob loved Rachel; and said, I WILL
SERVE THEE SEVEN YEARS FOR
RACHEL thy younger daughter.
Genesis 29: 15 &18
… I have been in your house twenty years; I

served you fourteen years for your two daughters,
and six years for your flock.
Genesis 31:41(NKJV)
The Igbos in Nigeria apply this wisdom of serving a master

for a specified period, usually seven years, after which they get
rewarded with a business of their own.
Note that keeping your mind fixed on your expected reward

at the end of the period of service is essential for joyful and
successful completion of service.
And Jacob served seven years for Rachel; and

they seemed unto him but a few days, for the
love he had to her.
Genesis 29: 20
Also, during the period of service, it is not only financial capital

that is acquired, but wisdom and experience, which are other
invaluable forms of capital as they help you get to know the
secrets of the business.
Another very practical way of serving as a way of raising capital

is what is commonly called “balance and take” in certain areas
of my home country. But technically, it can be referred to as
hire purchase, which is executed by scheduled repayments. It is
applicable when someone gets an automobile of any kind for
commercial use, with or without an initial deposit, depending
on the arrangement, and balances up payment over an agreed
period while working with(serving for) the vehicle in order to
gain ownership after fulfilling the terms of agreement. This is
usually achieved between 8 to 24 months.
P AR T NER S H I P 25
PARTNERSHIP
Partnership is, basically, the coming together of two or

more individuals or groups for a common business interest.
They jointly share ownership and contribute to the various
aspects of the business, which include skill, finance or other
necessities. The profits or losses of the business are distributed
among the partners, on agreed terms.
The primary attracting factor is usually skill or idea versus

finance. If you have a good business plan but no money, look
for someone that has the cash to partner with; also a group of
persons with limited funds can pool their individual resources
together to start up a business venture, easily handle existing
business volume or expand.
James and John were partners with Simon.
And they beckoned unto their PARTNERS,

which were in the other ship, that they should
come and help them. And they came…
And so were also James and John the sons

of Zebedee, which were PARTNERS with
Simon…
Luke 5:7, 10
There are three important things that should be put in place

for a successful partnership. Laban and Jacob had two of these
in place, but missed the third one in their partnership deal.
Now, let’s share from their experience:
And Laban said unto him, I pray thee, if I have

found favour in thine eyes, tarry: for I have
learned by experience that the Lord hath blessed
me for thy sake.
And he said, appoint me thy wages, and I will
give it…And Jacob said, thou shalt not give me
anything: if thou wilt do this thing for me, I will
again feed and keep thy flock.
I will pass through all thy flock to day, removing
from thence all the speckled and spotted cattle,
and all the brown cattle among the sheep, and
spotted and speckled among the goats: and of
such shall be my hire.
So shall my righteousness answer for me in time
to come, when it shall come for my hire before thy
face: everyone that is not speckled and spotted
among the goats, and brown among the sheep,
that shall be counted stolen with me.
And Laban said, Behold, I would it might be
according to thy word.
Genesis 30:27, 28, 31-34.
P AR T NER S H I P 27
From the above passage, the following must be in place for a

successful partnership:
• A Proposal
The importance of proposal in business partnership cannot

be over emphasized. Details of the roles and benefits of each
partner should be clearly spelt out in a manner that is simple
enough for proper understanding by all parties involved. Each
partner should ensure they are satisfied with the terms and
conditions being proposed otherwise a counter proposal should
be presented till everyone is reasonably pleased.
Laban presented an unsatisfactory proposal to Jacob, but

instead of accepting, Jacob made a counter proposal and Laban
accepted.
In order to avoid bitterness, greed or sowing destructive seeds,

treat proposals with all amount of fairness such that each
partner is truly satisfied.
• An Agreement
There should be an agreement. Laban and Jacob had a verbal

agreement as seen in Genesis 30:34. Verbal agreement is
easy to reach and may be just enough for some people, but
a documented legal agreement is a far better option and is
strongly recommended.
Avoid being emotional or over trusting, thereby relying solely

on the reputation of your partner, because:
• People can change at any time as their habits, beliefs

or associations change. A man of integrity today can
compromise and become dishonest and untrue due
to certain internal changes. He may end up denying
his word and any previous agreements with you, when
you least expect him to. This can be easily dealt with if
an endorsed legal document for the partnership exits.
• Contention is likely to occur in the event of the demise

of a partner, as the next of kin who had no previous
knowledge of the partnership deal, may arise to take
over the business.
• Exit terms
Clearly spell out the condition(s) for exit: When and how
a partner may discontinue the partnership without any
encumbrance. This was where Jacob and Laban failed and it
almost led to a catastrophe. See Gen 31:20-29.
B ANK LOAN 29
BANK LOAN
Loan is a sum of money that is borrowed, mostly from a bank,

and has to be repaid (usually with interest).
Interest on loans is a source of income for banks that forms a

large part of their profit. So banks will always be looking out
for individuals or organisations to give loans to.
However, banks are known for turning down applications from

small businesses. The simple reason is because small businesses
are high risk investments. About 80% of new businesses
reportedly fail within the first five years of establishment.
But established businesses with good profit-making history
are easily granted loans, because they can repay without issues.
This is when it is reasonable to take a bank loan for business,
if necessary.
Starting a business with bank loan is not the best option

for entrepreneurs seeking capital for their business, because
interest repayment begins immediately, whereas the business
needs time to gain traction before sufficient profit starts coming

in.
Therefore, new businesses should not consider bank loan

as a source of funding. But if you must, then have a reliable
alternative source of income as back-up for repayment.
Otherwise you may become a servant for much longer than
you bargained.
The rich ruleth over the poor, and the borrower

is servant to the lender.
Proverbs 22
Now there cried a certain woman of the wives of

the sons of the prophets unto Elisha, saying, Thy
servant my husband is dead; and thou knowest
that thy servant did fear the LORD: and the
creditor is come to take unto him my sons to be
bondmen.
2 kings 4:1
The man written about in the scripture above took a loan and
could not pay back, possibly due to unforeseen circumstances
beyond his control. He died most likely of heart attack. Instead
of leaving a good inheritance, he left debt for his wife and
children to deal with. His poor wife almost lost her two sons
but for the timely intervention of Prophet Elisha.
Do you still want to go for that bank loan to start your business?
Well it is possible for you to get the loan if you have what it
takes.
B ANK LOAN 31
The following will increase your chances of securing a bank

loan:
• Evidence of a good credit history.

• Reliable referral / guarantor.
• Promising business plan.
• Proof of prospective customers or supply contract.
• Back-up repayment plan or collateral.
However, remember that God’s perfect will for you is:
…thou shalt lend unto many nations, but thou

shalt not borrow…
Deuteronomy 15:6.
So never be comfortable in debts or make it a lifestyle. Rather

than the borrower’s, go ahead and develop the lender’s mentality
instead. Yes! You can be the lender.
So much has been said and written about “good debt’’ and
“bad debt’’, but you need to apply your heart to sound wisdom
at every given point in time, in order not to jeopardize your
journey to greatness.
SO M ETH I NG YOU OW N 33
SOMETHING YOU OWN
This simply refers to any of your assets or properties. It

includes your personal belongings of value like land, house,
car, jewellery, good shoes and clothes, electronics, furniture,
artwork, etc. You can sell them to raise money or use them
for your business. That business doesn’t have to have a huge
start-up fund or capital. Don’t wait until you’re big to start.
Just start at whatever level you conveniently can, and grow
from there.
Then said he unto them, but now, he that hath

a purse, let him take it, and likewise his scrip:
and he that hath no sword, LET HIM SELL
HIS GARMENT, and buy one.
Luke 22:36
Very often people go about looking for help and solution

everywhere except in themselves. They spend so much time
and effort chasing people around for assistance, blaming others
for their predicament, feeling stranded and complaining at
every given opportunity that they don’t have anyone to help

them. But there is hope for everyone as long as there is life.
For to him that is joined to all the living there is

hope: for a living dog is better than a dead lion.
Ecclesiastes 9:4
This way of raising capital is one of the ways that should be

seriously considered by anyone who does not readily have
external help. It is all about using what you have to get what you
want. Nevertheless, it does not by any means refer to negative
vices, as anything done in disregard of God’s commandments
does not attract God’s blessing. So be guided.
Now carefully ponder on the following questions:
• What do you have that can be sold for some money?
• What do you have that you can use in the business

you want to get into?
At first you may say you don’t have anything. But after careful
thought like the woman in 2 kings 4:2, you will realize that
you have something quite valuable.
And Elisha said unto her, what shall I do for

thee? Tell me, WHAT HAST THOU IN THE
HOUSE? And she said, thine handmaid hath
not anything in the house, save A POT OF OIL.
Then he said, go, borrow thee vessels abroad of
all thy neighbours, even empty vessels; borrow
SO M ETH I NG YOU OW N 35
not a few.
And when thou art come in, thou shalt shut the
door upon thee and upon thy sons, and shalt pour
out into all those vessels, and thou shall set aside
that which is full.
So she went from him, and shut the door upon
her and upon her sons, who brought the vessels
to her; and she poured out.
And it came to pass, when the vessels were full,
that she said unto her son, Bring me yet a vessel,
and he said unto her, there is not a vessel more.
And the oil stayed.
Then she came and told the man of God. And he
said, go, sell the oil, and pay thy debt, and live
thou and thy children on the rest.
2 kings 4:2-7
Notice that the woman got started with a pot of oil she had
at home. She was able to pay off the debt her husband left
hanging on her, and lived comfortably with her children ever
after.
If you are out of a job and things are getting rough, but you have
a car; instead of begging around, use that car for transportation
in any area you are comfortable like airport shuttle, rentals, taxi
– inter-city or interstate. With a good freezer and generator
in your possession, you may consider frozen foods or drinks
business.
Just ponder on this same question Prophet Elisha asked the

widow: “What hast thou in the house?”
Think and act.

GO F O R ALT ER NAT I VES 37
GO FOR ALTERNATIVES
Continuous focus on money as capital closes one’s mind to

other options. Whereas sustained focus on the need instead
of money, opens up one’s creativity to a world of possibilities:
You either discover a perfect, cheaper alternative or find an
entirely different strategy to meet your business need.
For small businesses, going for alternatives can yield amazing

results, even from sources where it was impossible to raise
money earlier. The same people you could not get cash from,
will often gladly assist in any other way they can.
Simply ask for what you need for your business, not the money
to get it. For instance:
• Instead of looking for money to buy a generator and

the accompanying fuelling expenses to power your
small business, simply ask for extension of lighting
and socket points from your neighbour. You may get
it for free or at a token.
• If you want to farm, you can ask to be the caretaker

of an empty piece of land on which you can farm till
the owner wants to use it.
• Instead of asking for money to rent a shop or office, you

can ask for a little spare space to use in your neighbour’s
established business place, at a token.
Sometime ago, I saw an upcoming electric fence materials sales

and installation service provider, who neatly placed samples of
his products and contact number at one corner of the entrance
of a building materials store, based on arrangement with the
store owner. He was having regular business deals such that
he could soon afford to rent his own shop.
Elisha said, “Go around and ask all your

neighbours for empty jars. Don’t ask for just
a few.
Then go inside and shut the door behind you and
your sons. Pour oil into all the jars, and as each
is filled, put it to one side.
So she left him and shut the door behind her and
her sons. THEY BROUGHT THE JARS to her
and she kept pouring.
2 kings 4:3-5(NIV)
The family above just asked for their need (jars), not money,
and they got many. The business was perfectly executed without
capital standing as an obstacle.
You can also raise capital by obtaining a recommendation or

GO F O R ALT ER NAT I VES 39
endorsement.
Sara Blakely, founder of Spanx – an American entrepreneurial

firm in shape wear industry, said to be the youngest self-made
female billionaire in history, enjoyed a “soft” endorsement
from Oprah Winfrey in 2000, which helped launch her to
international acclaim.
Oprah Winfrey, best known for her talk show The Oprah
Winfrey Show, which was the highest-rated television program
of its kind in history; a woman with millions of fans, simply
named Spanx her favourite product of the year and that was
enough to cause a huge ripple with the resultant effect of
unprecedented surge in sales.
A great deal of capital and effort that would have been required
for Spanx’s publicity, at that stage, was indirectly provided by
Winfrey’s endorsement.
Someone that is into the business you want to go into can

recommend you to his/her supplier for a facility that allows
you to pay the supplier after sales. That is, you get the supply
with little down payment or no money at all and sell before
paying for the products. By the time you sell a few times like
that, you would have been able to raise more money of your
own to reinvest into the business.
These are just a few possibilities achievable from taking the

alternative pathway. Creativity is capital!
W HER E YOU LI VE 41
WHERE YOU LIVE
The very place where you are living right now may just be
the capital you need. Many great businesses and global brands
of today began in the homes – living room or garage – of their
owners. Have you considered doing your business from where
you live? We see this example below:
And Elisha said unto her…
…when thou art come in, thou shalt shut the

door upon thee and upon thy sons, and shalt pour
out into all those vessels, and thou shalt set aside
that which is full.
her and upon her sons, who brought the vessels
to her; and she poured out.
2 kings 4:2, 4-5
This woman who started the very first oil producing business
ever recorded, used her house as the factory for the oil
production thereby eliminating the expenses that would have

been associated with renting a business space.
A couple recently shared their plan of turning one part of

their rented residence into a shop for business, to enable them
stand tall in the face of economic recession. I know several
others who are using one or more rooms in their houses as
warehouse/store from where they transfer goods to their shops.
It is also common to see people using a little space in front

of their residence as outlet for their goods/services. A lot of
people are marketing various products directly from home.
They just find any space in their residence and neatly arrange
the goods.
One of my family friends produces liquid detergent in the

comfort of her home. She packages her product in re-usable
bottles and plastic gallons and supplies directly to her already
waiting customers. Cool home business, cool money.
A friend once told me of his plan to go into packaged drinking

water production, and the source of his inspiration was the
simplicity of a similar factory he saw in the two bedroom flat
and compound space of his friend.
Some big residential houses where the owners relocated

temporarily from town or ran into financial difficulty have
been seen converted into commercial lodges for money.
The global brand, Coca-Cola, started out at home on a three

legged brass pot in the backyard of its creator John Pemberton.
W HER E YOU LI VE 43
Today, Coca-Cola lines of products have found their way to

virtually every part of the world.
So, whether it is rented or personal, big or small, there is always

a business that can be done at or from your current residence if
the need arises. With proper packaging, a little space behind,
within, beside or in front of your residence could be enough
to run your business depending on the type of business.
A N GEL IN V EST O R S / V EN TU R E CAP I T ALI S T S 45
ANGEL INVESTORS / VENTURE

CAPITALISTS
These are high net worth individuals and corporate

organizations willing to invest in a business for a stake of
its ownership. Angel investors are individuals while Venture
Capitalists are corporate organisations. They have the capacity
to make huge capital investments and can help upcoming
businesses with high potential for profit and growth realise
their dream, by providing capital and mentoring where
necessary.
Angel Investors and Venture Capitalists exist to help others

realise their business dreams while creating more wealth
for themselves – a mutually benefiting relationship. They
are investors, not philanthropists. This was exactly what the
investor in the Parable of Talents tried to clarify. See Matt
25:14-30.
Then you should have INVESTED my money

with the bankers, and at my coming I would

have received what was my own with interest.
Matthew 25:27 (AMP)
They explore every possible opportunity to invest their resources

for profit. As a result of this, you or anyone with a very good
business plan in place and other details that may be required
can attract these set of investors.
Basically, they buy into and own an agreed percentage of the

business with their capital investment. They are risk takers who
make it really big when the business they support succeeds.
You can make enquiries from your existing relationships to

locate high net worth executives or venture capitalists that will
be willing to invest in your business. All the wealthy people
around you are potential Angel Investors. Online resources
are also available to aid your search for established Angel
Investors and Venture Capitalists.
Until you give it a try, you will never know the enormous
capital you can raise by this method.
S T AR T S MALL 47
10
START SMALL
One error usually associated with most people who are

planning to start-up a business is their habit of thinking of
launching off in a very big way, when they lack the funds to
make it so. Initially full of hope and zeal, they go about seeking
funds, and find little or none. Soon, dejected by their inability
to get the capital needed to realize their big start-up, their zeal
begins to ebb; their drive fades and a great business idea dies.
Another error has to do with those who actually have the

funds or are able to raise it; hence they start really big, but are
unable to gain traction in the business early enough due to
inexperience or unforeseen circumstances. They soon begin to
suffer losses and are forced to shrink to a much smaller size;
from where they either grow back up gradually, and eventually
make it, or fold up within the first five years of establishment.
However, wisdom tells us to start small. In this way, you will

not be under financial pressure because you start with what
you have and grow into a profitable venture. Starting small
enables you to acquire the experience, knowledge and capacity

required to raise capital for the size of business you truly desire.
Tough thy beginning was small, yet thy later

end should greatly increase.
Job 8:7
Unfortunately, too many people find it difficult to start small

due to pride, shame or seeing it as a mere waste of time. They
practically despise starting small.
For who hath despised the day of small things?

Zechariah 4:10
Bishop David O. Oyedepo, my mentor, always says, “There is

nothing shameful in what is gainful.’’ Now, take an in-depth
look at that big business plan again and create a small model
of it that you can start without further delay. Quit waiting for
millions, to start-up. What do you have in your hands now?
You can use it.
If ye be willing and obedient, ye shall eat the

good of the land.
Isaiah 1:19
In summary, starting small helps you raise the following kinds

of capital:
• Experience, knowledge and increased capacity.
• Financial capital, for next level of business.

S T AR T S MALL 49
These kinds of capital are very crucial in business. Start small!

Start now!
L IQ U ID A TIO N O F EA R L IER I NVES T MENT S 51
11
LIQUIDATION OF EARLIER
INVESTMENTS
But divide your investments among many

places, for you do not know what risks might
lie ahead.
Ecclesiastes 11:2 (NLT)
Investors who have consciously or subconsciously, been

following the advice and wisdom in the scripture above, have an
additional way of raising capital for their business. Liquidating
your investments in insurance, stocks, mutual funds or other
money market instruments can give you the needed capital
for your business.
If you are thinking of someday launching a business of your

own, you can begin now to surmount the future challenge
of raising capital by investing your money, wisely, today in
insurance, stock portfolios and other capital market vehicles.
G R ANT 53
12
GRANT
They gave money also unto the masons, and to

the carpenters; and meat, and drink, and oil,
unto them of Zidon, and to them of Tyre, to
bring cedar trees from Lebanon to the sea of
Joppa, according to the GRANT that they had
of Cyprus king of Persia.
Ezra 3:7
A grant is a fund or product given by one party (often a

government department, corporation, foundation or trust)
to a recipient (often a non-profit organization, educational
institution, business or an individual).
It is a sum of money given to an individual or business for a

specific project or purpose.
A grant usually covers only part of the total costs involved.

Grants are absolutely free. They are non – repayable and are
a recognised source of business funding.
Grants given to small businesses can help them get established

and stimulate economic growth. This is because small businesses,
by their nature generate lots of employment opportunities,
boost the growth of local technology and feed larger companies
and industries with products and services, and lots more.
As a result, grants are made available by several international

organisations and government institutions for businesses,
humanitarian projects, particular sectors of the economy, for
women, youths, students, etc.
Lots of people secure grants annually. You too can be part of

that number.
For regional, national and international grant opportunities go

online and research. You will definitely find a number of them
that match your need and geographical location. Follow the
guidelines and apply. It is usually free of charge. So give it a try.
SO L VE A P R OB LEM 55
13
SOLVE A PROBLEM
Solving problems, rather than running away is a great way

to raise capital. Problems are everywhere seeking for solutions.
On a daily basis, unqualified people go around attempting to
solve problems at a fee, for their survival. Unfortunately they
either end up providing a temporary solution or worsen the
situation, thereby leaving the owners frustrated.
As a result, anyone truly endowed with skills or abilities with

accompanying undeniable proofs can easily become a celebrity
overnight when the right opportunity presents itself or is
located. Solving problems pays. This was what David did
for King Saul and the whole of Israel, which brought him
immediate rewards that changed his life forever.
And David put his hand, in his bag, and took

thence a stone, and slang it, and smote the
Philistine in his forehead, that the stone sunk
into his forehead, and he fell upon his face to
the earth.
So David prevailed over the Philistine with a

sling and with a stone, and smote the Philistine,
and slew him, but there was no sword in the
hand of David.
Therefore David ran, and stood upon the
Philistine, and took his sword, and drew it out
of the sheath thereof and slew him, and cut off
his head therewith. And when the philistines
saw their champion was dead, they fled.
1 Samuel 17:49-51.
David set Israel free from a siege by using his experience

gathered as a shepherd boy against the enemy, as a result, he
immediately secured:
• Great riches
• A wife (Saul’s daughter) and
• Freedom for his father’s house.
And the men of Israel said, Have ye seen this

man that is come up? surely to defy Israel is he
come up: and it shall be, that the man who killeth
him, the king will enrich him with great riches,
and will give him his daughter, and make his
father’s house free in Israel.
1 Samuel 17:25
Use your skills, knowledge or experiences to solve a problem

in your neighbourhood, town, city or country that would
SO L VE A P R OB LEM 57
put money in your pocket. Proffer economic solutions to the

government like Joseph did to Pharaoh of Egypt and became
a Prime Minister (Genesis 41:33-41).
My younger brother packaged and presented his commercial

farming achievements to the governor of our state, seeking
government-aided microfinance agricultural loan. The
governor who was very impressed by the proofs of his farming
success, saw him as a problem solver and rather offered him
appointment as the Senior Special Adviser to the governor on
agricultural matters, with a direct assignment to replicate his
farm prototype in all local government areas of the state, for
food availability and job creation for the unemployed masses.
Package that thing you are doing for the world to see.
Opportunities are waiting for you.
For there is no man that doeth anything in secret,

and he himself seeketh to be known openly. If
thou do these things, show thyself to the world.
John 7:4
Lots of businesses are distressed and looking for a solution

provider to save them from folding up. Go and look for any
of those challenged businesses that you can salvage with your
skills or experience and enter into a bargain with them for
any of the following:
• Outright ownership: You can work out the terms in

such a way that you pay in instalments and from the
proceeds of running the business. Your offer may seem
absurd, but it will be surprisingly accepted, because the

original owner has been frustrated and looking for an
opportunity to walk away from the business.
• Partnership: Get a percentage of the profit as you

invest your skills in the management of the business.
• Fantastic pay: Simply proffer the solution for a very

rewarding pay and use it to start your own business.
C O N T R IB U T IO N S ( T H R IF T / C O OP ER AT I VES ) 59
14
CONTRIBUTIONS (THRIFT /
COOPERATIVES)
Being part of a thrift collection scheme or a cooperative is

one very easy and fast way to raise capital. In my home country,
schemes like these have enabled people actualize set goals
for business and other capital intensive projects – acquiring
land or property, possessions, furtherance of education, etc.
At least three forms exist and I have personally used them
successfully before.
In its simplest form, all you need to do is join a group or get

some credible people to join you, in periodic contribution of
funds. The entire contribution is handed over to one person
per time in the case of thrift.
And every contribution, all the holy donations

of the people of Israel, which they bring to the
priest, shall be his.
Numbers 5:9 (ESV)
Every contributor takes turns receiving the monthly or weekly

contributions until they have all received. Typically, this type
of scheme does not last longer than one year. The amount
you can raise depends on the financial strength of members.
KEY POINTS TO NOTE WHEN USING THIS FORM

OF CONTRIBUTION
• Admit only credit-worthy people as members: every

member must have a reliable source of income.
Preferably colleagues at your work place, same
organisation or friends in your social circle.
• Specify the amount to be contributed by each member.
• Decide the frequency of contribution (usually monthly

or weekly).
• Integrity of members is crucial, to avoid any setback

or loss.
• Clearly determine, by collective agreement, when it will

be the turn of each member to receive the bulk sum.
• Determine how payment is to be received from and

made to members.
The second form – cooperatives, involves the participation of

a larger number of people. Their funds are pulled together into
a common pool. Members are given loan at a very moderate
interest rate. Profit is paid as dividend to members at the end
of every financial year while the contributions are rolled over
C O N T R IB U T IO N S ( T H R IF T / C O OP ER AT I VES ) 61
into the next year. Cooperatives also enjoy government-aided

microfinance loans.
In another form which is a variant of the second form above,

the entire amount contributed by each member is paid back
to them together with dividends, to close one financial year
and begin another afresh.
C OMP ET I T I ONS 63
15
COMPETITIONS
Competition is the act or state of contesting to win or

obtain a prize by defeating or demonstrating superiority over
other contestants.
Over the years, competitions have become one of the established

ways by which people raise capital to fund their businesses
or visions.
A variety of international business awards and competitions are

available to be won throughout the year. These provide funding,
support and other exciting opportunities to entrepreneurs,
start-ups and new business ventures. They can be a great
source for testing your business concept as well as providing
the resource and networks to grow your start-up. All forms
of entrepreneurial activities and start-ups qualify to apply.
The world has become a global village where the Internet is the
market square. To access information about business funding
competitions, simply search the Internet. You will definitely
find a number of them that soothe your need.
They are numerous but to get you started, I will mention a

few that are currently active:
• MENA 100 Business Plan Competition

• The Dragons’ Den
• Tony Elumelu Entrepreneurship Program
• Coca-Cola Africa Foundation
• Seedstars World
• Innovation Prize for Africa
• Shell Live WIRE
• Project Fame
The Bible tells us that Hadassah, better known as Esther, was

not afraid to enrol in a beauty competition for the selection of
a Queen. She was from a humble and seemingly disadvantaged
background, but that did not stop her. After engaging in a
long and keen contest, she emerged winner and received the
noble prize – she was crowned Queen.
And he brought up Hadassah, that is, Esther, his

uncle’s daughter: for she had neither father nor
mother, and the maid was fair and beautiful…
So it came to pass, when the King’s commandment
and his decree was heard, and when many
maidens were gathered together in Shushan
the palace, to the custody of Hegai, that Esther
C OMP ET I T I ONS 65
was brought also unto the king’s house, to the

custody of Hegai, keeper of the women.
So Esther was taken unto king Ahasuerus into
his house royal in the tenth month…
And the king loved Esther above all the women,
and she obtained grace and favour in his sight
more than all the virgins; so that he set the royal
crown upon her head, and made her Queen
instead of Vashti.
Esther 2:7, 8, 16 & 17
Esther’s crown was worth half the kingdom of King Ahasuerus

who reigned from India to Ethiopia, over a hundred and twenty
seven provinces. See Esther 5:6; 1:1. That refers to all the
money, people, land, royalties, mineral and natural resources.
Esther raised this enormous capital through competition.
Competitions have always been there and abound much more

today.
Success teacher, Pastor David Ibiyeomie says, “Those who are

afraid of drowning will never walk on water.” So be courageous.
Get relevant information, register, prepare yourself and give it
your best shot like Esther did. Even if you don’t win the prize,
there is no loss at all. Rather you gain knowledge, publicity,
new network and relationships that can transform your world
in amazing ways.
F R OM I DEAS 67
16
FROM IDEAS
They say “the average person has four ideas each year, anyone
of which would make them a millionaire if they would just
follow it up.” Ideas come to men as wealth creation agents.
Money is in ideas. Riches are embedded in ideas, but materialize
only when they are successfully utilized and not despised.
As an idea comes nagging at you over and over again, do not

put it away or ignore it. Ideas have wings. They do not perch
on the same spot for too long. If unattended to, they simply fly
away and seek out someone else that will make use of them.
…for riches certainly make themselves wings;

they fly away as an eagle toward heaven.
Proverbs 23:5
Whenever an idea comes to you, receive and own it quickly

because that’s the reason it came in the first place – to bless you.
Ideas can also come via diligent search or study.

I wisdom dwell with prudence, and FIND OUT

knowledge of witty inventions.
Proverbs 8:12
An idea may be:

• Brand new (yours)
• An improvement or modification of an existing idea
(originally someone else’s)
However, both of them have the unlimited capacity to produce
wealth.
You can raise capital from ideas by:
A. Selling the idea:

• Business plan
• Song
• A product formula
• A template
• A prototype
• Manuscript
• Style
• Design etc.
B. Using the idea yourself.
The Bible recounts that almost as soon as Abram arrived in

F R OM I DEAS 69
the land of Canaan, he became rich “in cattle, in silver and

in gold” (Genesis 13:2). But it was until much later that the
secret of his extraordinary wealth was revealed to us:
And Abraham reproved Abimelech because of a

well of water, which Abimelech’s servants had
violently taken away.
And he said, For these seven ewe lambs shalt
thou take of my hand, that they may be a witness
unto me that I have digged this well.
Genesis 21:25, 30
You see, Abram got an idea to dig wells to provide water for
his cattle. He did it and became the first farmer to have a cattle
ranch, while other farmers were busy carrying their cattle all
over the place looking for water in rivers and streams. The use
of his idea made him very rich.
Muster courage now and put that idea to use. That is money
in the making.
U SE Y O U R GIF T S AND T ALENT S 71
17
USE YOUR GIFTS AND TALENTS
Olumide Emmanuel, the Common Sense Guru, mentions

in his Ten Places Where Money Hides, that “money hides in
people.” I absolutely agree with that. Talents and gifts are the
raw forms of money given to people, and nobody was born
empty. Everyone was preloaded with a gift or talent. This means
that everyone has within them something that if discovered
and used can produce real money.
Wherefore he saith, when he ascended up on

high, he led captivity captive, and GAVE
GIFTS UNTO MEN.
Ephesians 4:8
And unto one HE GAVE five TALENTS, to

another two, and to another one; to every man
according to his several ability…
Matthew 25:15
Gifts and talents are for the empowerment of humanity. Every

individual has the responsibility to identify, nurture and tap

into the treasure-deposit within them, in order to ascend their
God-given throne.
A man’s gift maketh room for him, and bringeth

him before great men.
Proverbs 18:16
Then he that had received the five talents went

and traded with the same, and made them other
five talents.
And likewise he that had received two, he also
gained other two.
Matthew 25:16-17
Failing to use your gift or talent is like hiding money in you

and at the same time looking for it elsewhere.
Then he which had received the one talent came

and said…And I was afraid, and went and HID
THY TALENT…
Matthew 25:24-25
How much are you hiding inside of you? Is it in hundreds of

thousands, millions, billions or trillions? You may lose it all if
you do not find a way to make it produce and increase.
His Lord answered and said unto him, Thou

wicked and slothful servant---
Take therefore the talent from him, and give it
unto him which hath ten talents.
U SE Y O U R GIF T S AND T ALENT S 73
For unto every one that hath shall be given, and

he shall have abundance: but from him that hath
not shall be taken away even that which he hath.
Matthew 25:26, 28-29
Many people have raised capital by putting their gifts or talents

to use. They have become owners of multiple investments by
tapping into the money reservoir within them.
Some examples include:

• Gospel Ministers: Dr. David Oyedepo, Bishop T. D.
Jakes, etc.
• Singers: Sinach, Frank Edward, Don Moen, etc.
• Comedians: AY, Akpororo, etc.
• Footballers: Kanu Nwankwo, Mikel Obi, Lionel Messi,
Ronaldo Cristiano, etc.
• Tennis players: Venus and Serena Williams.
• Actors: Mary Remmy Njoku, Tom Cruise, Angelina
Jolie, Ramsey Noah, etc.
• Athletes: Blessing Okagbare, Usain Bolt, etc.
• Writers: Olumide Emmanuel, Mike Murdock, Brian
Tracy.
• Fashion Designers: Yomi Casual, Gucci, Versace, etc.
• Make Up artists and Cosmetologists: Tara, Mary– K,
Mac, etc.
• Talk Show hosts – Mo (Moments with Mo), Oprah
Winfrey, etc.
The list goes on and on. Stretch your gifts or talents to wealth
creation zones and add your name to this list.
GO VER NMENT AI D 75
18
GOVERNMENT AID
Government aid is another source of capital for businesses.

Encouraging and supporting small and medium-sized
enterprises (SMEs) is a continuous part of government
programs because SMEs:
• form about 99% of businesses in our societies.
• produce many products and services that support larger

companies and industries, thereby stimulating the
economy.
• cumulatively employ many more people.
• are responsible for driving innovation and competition

in various sectors of the economy.
In the Bible, Joseph demonstrated how government can assist

businesses by his actions as Governor of Egypt.
And Joseph was the Governor.
Genesis 42:6
Then Joseph said unto the people, Behold, I have

bought you this day and your land for pharaoh:
lo, here is seed for you, and ye shall sow the land.
And it shall come to pass in the increase, that ye
shall give the fifth part unto Pharaoh, and four
parts shall be your own, for seed of the field, and
for your food, and for them of your house-hold,
and for food for your little ones.
And they said, thou hast saved our lives…
Genesis 47:23-25
Joseph’s government gave the people agricultural aid. They were

given land and seed to plant as a way of alleviating poverty.
Government aids include but are not limited to:

• Provision of low interest loans.
• Giving grants.
• Encouraging private sector investment in small
businesses.
• Provision of business-friendly laws.
• Tax holidays.
• Tariff concessions.
• Provision of manpower training.
• Appropriate machinery selection and installation.
GO VER NMENT AI D 77
• Machine repairs and maintenance extension services.
Aligning yourself with government programs will easily make

you a worthy candidate for assistance. If the government of
the day focuses on driving agriculture, technology, health,
education or other sectors and your business plan falls within
those areas, approaching the government for help can pay
off.
To access government aid, follow up on local news, visit

relevant government offices or check online for information
then present a well prepared proposal for consideration.
R EQ U EST U P F R O NT P AYMENT 79
19
REQUEST UPFRONT PAYMENT
Another simple way of raising capital for your business is

by requesting upfront payment. That is, to receive advance
payment from customers. A single payment is okay for small
amounts, but larger amounts are often paid in phases of the
job. This is common in real estate development deals.
It is using other people’s money to finance your business.

The people who are interested in the goods or services you
are offering will be the ones providing the capital for its
actualization.
This practice was successfully employed in their dealings with

me, over a period of about ten years, by some businesses in an
area as simple as making clothes for me and my family. Let’s
see how they did this:
• Persons I knew in Church set out on different businesses

to design, make and supply clothes, beginning with
those who knew them.
• All of them requested upfront payment as a way of

raising capital to execute the job.
• None of them had a sewing machine; they only had
measuring tapes to measure their clients.
• All of them knew how to interpret their client’s needs
and suggest appealing designs where necessary.
• They all went to buy the agreed materials and took them
to professional fashion designers at the international
market to make the clothes.
• Most of the jobs were satisfactorily delivered.
• They made profits with which they helped themselves.
• In order to maintain customer loyalty and grow their
businesses, they did their best to avoid becoming
unreliable or compromise on their integrity.
• Their jobs were good so they enjoyed recommendations
from me and other customers to our friends.
• Hence their business grew till they had their hands full.
This method can work for all manner of supplies and projects,
whether big or small. To get started:
• Just get creative and figure out what you can offer that
people will be interested in.
• An initial sample or prototype may be necessary to
convince prospective clients.
• Offer generous discount or better quality.
R EQ U EST U P F R O NT P AYMENT 81
• Start from family and friends, office colleagues, school

mates, Church members and others who already know
you, then spread out.
• Deliver on schedule.
• Build and maintain a good reputation.
• Save up money and consolidate your business.
Do not worry by wondering whether people would be willing

to give you their money upfront or not, for your services.
Even God himself had to give in advance in order to redeem
mankind.
For God so loved the world, that HE GAVE his

only begotten Son, that whosoever believeth in
him should not perish, but have everlasting life.
John 3:16
If you do not look down on what you do, in time, people will
look up to you.
N ETW O R K MAR KET I NG 83
20
NETWORK MARKETING
Network marketing is one established source of raising

business capital that has successfully launched many people
into the realization of their dreams over the years. It is a kind
of business opportunity that is embraced by people looking
for flexible part–time businesses.
I know a number of persons who started network marketing

with almost nothing, raised capital for other investment(s)
and have now achieved financial independence.
Network Marketing is synonymous to, and essentially operates

on the principles of discipleship. In making disciples, a teacher
goes out and wins new converts whom he or she spends time
to teach, guide and mentor until they become mature. The
mature converts (now disciples), are then sent out to win new
converts of their own and repeat the same process of training
and indoctrination that they received from the original teacher.
Throughout the process, it is the expectation or promise of
reward that keeps the converts motivated enough to become
disciples. John 1:40-45 & Mark 10: 29-30.
Similarly, in Network Marketing usually low upfront

investment is required to get started. There is opportunity
to sell a product line directly to family, friends and personal
contacts. Participants are often required to recruit other sales
representatives and the process continues in a chain action
(hence it is also known as multi-level marketing). By this,
“downlines” are established and their sales produce earnings
for those higher than them in the network.
Marketing for commission, which does not involve multi-level

marketing, can also be explored. A good example is being a
freelance Real Estate Agent.
Sooner or later, with your eyes fixed on your goal, you would
be able to raise that capital.
C R OW DFUNDI NG 85
21
CROWDFUNDING
Crowdfunding is a way of raising capital for a project or

venture by asking for lots of small amounts of money from a
large number of people. The usual trend adopted by many fund
seekers for businesses, projects or ventures, is approaching a
few people for large sums of money. This is often unsuccessful
as it creates a huge burden on the few persons approached.
Crowdfunding is an innovative idea, typically Internet-based

which reverses this trend, to reach out to a multitude of possible
monetary contributors, rather than concentrating on a few.
It eliminates obstacles to creativity, innovation and passion.
Although the idea can, and is being executed through television

and other mediums, the Internet has gained more popularity
and is now the hub of crowdfunding. The Internet has the
advantage of far reaching spread at super low cost. There are
crowdfunding websites which provide platforms for transaction
between fund seekers and sponsors or investors.
Worldwide, crowdfunding has been used to raise funds worth

several billions of dollars for funding of various community-
based social entrepreneurship projects and a variety of profit-
oriented ventures. It is suitable for writers, musicians, film
makers, medical expenses, petty traders, fashion designers,
farmers, NGO’s, catering services, start-ups, games, new
and existing businesses, artistic and creative ventures, ICT
innovations, etc.
Crowdfunding is essentially based on trust. To raise capital

through crowdfunding:
• Create a campaign: present your business idea or
proposal on a suitable crowdfunding website (search
the Internet for the leading sites).
• Set your target.
• Share on social media.
• Create rewards for support.
At the end of the campaign validity period, the crowdfunding

site remits the agreed percentage of the fund raised to the
campaigner.
The primary type of crowdfunding is Donation Crowdfunding.

People make freewill donations or support you simply because
they believe in your cause or consider your idea as great. They
expect nothing tangible in return but for the joy obtained by
helping someone.
This was the kind of funding that took place when Moses spoke
C R OW DFUNDI NG 87
to the whole Israelite community for donations (contributions)

towards the sanctuary building project.
And they received from Moses all the contribution

that the people of Israel had brought for doing the
work on the sanctuary. They still kept bringing
him freewill offerings every morning.
Exodus 36:3 (ESV)
The other types of crowdfunding gaining traction are:
Reward Crowfunding: Investors receive a tangible item or

service in return for their funds.
Equity Crowdfunding: Investors secure a stake in the business

they are supporting with their contribution.
Debt Crowdfunding: The contributing investors are repaid

their investment over a period of time.
It is up to you now to do your due diligence and acquire your

desired capital.
I NH ER I T ANC E 89
22
INHERITANCE
Inheritance can be defined as assets and liabilities one

receives upon the death of a parent or benefactor.
A good man leaveth an inheritance to his

children’s children.
Proverbs 13:22
It is a strategy for generational wealth transfer. Biblical

personalities, like Abraham, who understood the power and
significance of inheritance, ensured that they dealt with matters
relating to how their possessions were apportioned to their
children while they were still alive. This was to forestall any
misunderstanding among such children when they had passed
on, as well as to secure the position of their successors.
And Abraham gave all that he had unto Isaac.

But unto the sons of the concubines, which
Abraham had, Abraham gave gifts, and sent
them away from Isaac his son, while he yet lived,
east ward unto the east country.

Genesis 25:5-6
Every valuable item received through inheritance is already a

source of capital for your business. It can be used directly for
business or sold for money as capital for investment. If you
are a beneficiary of inheritance, ensure it is not wasted; rather
use it to power your life.
Don’t be like the prodigal son who wasted his inheritance.
And not many days after the younger son

gathered all together, and took his journey into
a far country, and there wasted his substance
with riotous living.
Luke 15:13.
Instead, be like Isaac who, after receiving his inheritance from

his father, used it as capital for his business.
And Isaac digged again the wells of water,

which they had digged in the days of Abraham
his father; for the philistines had stopped them
after the death of Abraham: and he called their
names after the names by which his father had
called them.
Genesis 26:18
Then Isaac sowed in that land, and received in

the same year an hundredfold: and the LORD
blessed him.
I NH ER I T ANC E 91
And the man waxed great, and went forward,

and grew until he became very great:
Genesis 26:12-13
Isaac started a mega farm on the land he inherited. He

added creativity and innovation by using water from his
wells to pioneer irrigation farming, leading to increased crop
productivity. The result was that he became very great.
You too can transform your inheritance into something

fruitful, whether it is a house, land, car, money or any other
valuable item. Think and act wisely. Don’t waste resources. Be
resourceful!
C O N V ER T WA ST E T O CAP I T AL 93
23
CONVERT WASTE TO CAPITAL
There are precious treasures and oil in the

dwelling of the wise, but a self-confident and
foolish man swallows it up and wastes it.
Proverbs 21:20 (AMP)
He also that is slothful in his work is brother to

him that is a great waster.
Proverbs 18:9.
On a daily basis, so many valuable items are being wasted.

They are either consumed beyond proportion or practically
thrown away due to imprudence or laziness.
Curbing waste and gathering them together for profit is a cool

way of raising capital to start-up or expand your business. For
example, if you cut down excessive or unimportant expense and
gather the ‘’waste’’, you will be able to accumulate resources
that could in turn become capital for your desired business.
Also, you could gather by-products from your current business

as raw materials to start another business, or sell off the gathered
waste to generate capital for expansion or diversification. Jesus
demonstrated this after he fed five thousand people.
When they had all had enough to eat, he said to

his disciples, “Gather the pieces that are left over.
Let nothing be wasted.”
John 6:12 (NIV)
Individuals or companies processing palm oil have options of

what to do with the by-product:
• Produce palm kernel cake for poultry
• Produce palm kernel oil
• Sell the palm kernel shell for concrete work
• Simply sell off the complete palm kernel to those who
may need it for whatever purpose.
Smart bakeries gather improperly baked bread and sell it off to

fish farm owners as supplementary feed. Poultry farmers with
this understanding gather the waste and sell off as manure to
crop farmers or they use it in their own farms to boost plant
growth and productivity.
I remember a man, in my early teens, that went about scavenging

dumpsites and refuse heaps around town for recyclable waste.
He did this for about two years and before I knew it he bought
a motorcycle which he started using for commercial purpose
and eventually left his former trade. He was able to train
C O N V ER T WA ST E T O CAP I T AL 95
himself and later became a qualified teacher in pensionable

employment, with other investments in place. He practically
gave himself headway in life by physically gathering waste to
raise capital.
For most of us, our dumpsites may be the ideas we have

discarded or the opportunities we let pass us by daily. I
heard someone define poor as: “Passing Over Opportunities
Repeatedly”. Begin from today to pay closer attention to the
opportunities that come your way, and resolve to never again
waste them, but rather convert them to capital.
Which waste do you need to start gathering? Is it money from

wasteful spending, a by-product from your current business
or other businesses wasting theirs? Whatever it is you are
gathering, it is only a matter of time before it turns into great
capital. Think!
M AKE EX CH ANG E 97
24
MAKE EXCHANGE
Exchange is the oldest way of carrying out transactions

commonly known as “trade by barter”. It is another way to
raise capital. When money is not available or enough, you
can bargain to exchange a valuable item of yours with what
you want from someone else. You trade in what you have for
what you need.
And they brought their cattle unto Joseph: and

Joseph gave them bread in EXCHANGE for
horses, and for the flocks, and for the cattle of the
herds, and for the asses: and he fed them with
bread for all their cattle for that year.
Genesis 47:17
Exchange has always existed and is still relied upon today

when the need arises. The process is simple:
• Identify what you need.

• Determine what you want to give in exchange for the

identified need.
• Look for people who have what you need.
• Negotiate exchange with someone that is willing.
• Complete the exchange and properly document the
transaction where necessary.
It may take a while to accomplish this, but the effort will be

appreciated when it is finally achieved.
O C C A SIONAL B ENEFI T S 99
25
OCCASIONAL BENEFITS
There are some special benefits that come in occasionally or

periodically to people, from life events, work place etc. With
proper planning and programming, such money and other
gifts in kind can be converted to business capital.
We are reminded from scriptures that there are moments of

celebrations in life when it is customary to give or receive gifts.
Each year every man in Israel must celebrate

these three festivals: the Festival of Unleavened
Bread, the Festival of Harvest, and the Festival
of Shelters. On each of these OCCASIONS, all
men must appear before the Lord your God at
the place he chooses, but they must not appear
before the Lord without A GIFT FOR HIM.
Deuteronomy 16:16 (NIV)
Benefits come from sources like birthday celebration, wedding

or marriage ceremonies, anniversaries, dedications, naming
ceremonies, end of year bonuses, Christmas bonuses, annual

upfront payment of allowances, other occasional amortised
workplace allowances, etc. Be focused and creative enough
to use them as your business capital or initial start-up capital
if insufficient for the full business concept. Then grow the
business to your desired size from the profit or by putting in
more money from time to time.
G ET COUNS EL 101
26
GET COUNSEL
Every purpose is established by counsel…

Proverbs 20:18
By consulting others and obtaining counsel, plans are

established and made to succeed. Going as a lone ranger
makes the way tough. There are professional counsellors and
consultants who have the wealth of experience and expertise
that can be very beneficial to those who want to raise capital
for business start-up or growth. Locate one, if need be.
You don’t have to wait until you meet someone physically

or face-to-face, before you can get counsel from them. It is
possible to get answers from their books, CDs, DVDs, etc.
You may also check around for those who are successfully
doing something similar to your business; plan and approach
them nicely for counsel.
Some Ways Counsel Can Benefit You

• To determine the least expensive way to set-

up the business (for easy start-up).
• Save unnecessary operational expenditure
due to lack of knowledge.
• Acquaint you with the trade secrets that can
put good amount of money in your purse in
minimum time.
• Show you possible source(s) of capital.
You can successfully raise money through counsel; but the
major capital you raise from counsel is mental capital which
translates to financial capital when correctly applied.
MOR T G AG E 103
27
MORTGAGE
Some also there were that said, we have

MORTGAGED our lands, vineyards, and
houses, that we might buy corn, because of the
dearth.
Nehemiah 5:3
What is mortgage?
The Livio English dictionary says ‘mortgage is a special form of

secured loan where the purpose of the loan must be specified
to the lender, to purchase assets that must be fixed (not moveable)
property such as a house or piece of farm land. The assets
are registered as the legal property of the borrower but the
lender can seize them and dispose of them if they are not
satisfied with the manner in which the repayment of the loan
is conducted by the borrower. Once the loan is fully repaid,
the lender loses this right of seizing and the assets are then
deemed to be unencumbered’.
Mortgage is to borrow against a property, to obtain a loan

for another purpose by giving away the right of seizure to the
lender over a fixed property such as a house or piece of land;
to pledge a property in order to get a loan.
Note that the lender is not necessarily a bank. Other financial

institutions and individuals are very much involved in this
kind of loan.
The scriptural reference is an example of the second form of

mortgage described above, where one pledges a property in
other to get a loan for a desired purpose.
Don’t be hasty to raise capital in this manner. Consider all

your options carefully. Evaluate the risk, especially if you are
getting advanced in age, as there may be difficulty recovering
from any mishap. It could ultimately be a life altering decision.
If the risk is worth taking and you decide to go ahead, be sure

to keep up with the repayment plan. Otherwise, you may end
up losing what you already have in an attempt to get more. It is
better to have a lesser but guaranteed advantage, than chasing
after a greater one with much risk that can wipe away all your
past labour. Remember the wise saying “a bird in the hand is
worth two in the bush.”
People have done it and are still doing it successfully, but a

higher percentage have lost their valuable assets and plunged
into abject poverty due to mortgage.
I know of a man who lost his family home due to his inability
MOR T G AG E 105
to repay a mortgage. His expectation from the business deal,

for which he mortgaged his property, was disappointed.
Without hesitation, his creditor – a small privately owned
financial institution, sold off the house for a far less amount
than its real value but still made significant profit because
the gentleman only borrowed a relatively little amount of
money which he had hoped to payback quickly. His wife and
children suddenly became homeless and were confronted with
unexpected hardship.
Be wise!
R ETIR EM ENT B ENEF I T S 107
28
RETIREMENT BENEFITS
This is the rule the Levites must follow: They

must begin serving in the Tabernacle at the age
of twenty-five
And they must RETIRE at the age of fifty.
Numbers 8:24-25 (NLT)
After a long service in an organised setting one will certainly

retire. There are usually benefits associated with retirement
and gratuity is one of them. All the benefits packaged and
paid as a lump sum comes in handy as capital. Use it to start
or expand your business.
You don’t have to wait till retirement to be able to raise capital.

But if that is your “last card”, your choice of business at this
time is very crucial. It is best if you have an existing business
you want to expand, otherwise wisely invest in a business that
assures little or no loss in worst case scenario. Remember, your
retirement benefit is the bulk of your life’s labour.
My dear mum used her gratuity as capital for her real estate
business. She was careful not to take any unnecessary risks with
that money. Whereas there was a man who had never done
business before, who decided to start a construction company
with his retirement benefit (which was quite substantial); he
lost everything and became very broke.
D IV I NE COMMAND 109
29
DIVINE COMMAND
If you have done all you know, including options outlined

in this book, and you are still having difficulty raising capital;
what else can you do? All hope is not lost.
…and having done all, to stand.

Ephesians 6:13
…Stand still, and see the salvation of the LORD.

Exodus 14:13
Try God! Expect a miracle.
God’s supremacy is the force at work in the allocation of

resources through divine command. God knows who has what
you need, and if it so pleases Him, He can turn the heart of
that person to bless you by supplying your need.
The king’s heart is in the hand of the LORD, as

the rivers of water: he turneth it whithersoever
he will.
Proverbs 21:1
Job was a man, who made many sacrifices to God regularly.

But after his affliction, he had nothing to sacrifice to start over
again. See what God did to take care of the situation:
Therefore take unto you now seven bullocks

and seven rams, and go to my servant Job, and
offer up for yourselves a burnt offering; and
my servant Job shall pray for you: for him will
I accept: lest I deal with you after your folly, in
that ye have not spoken of me the thing which
is right, like my servant Job.
So Eliphaz the Temanite and Bildad the Shuhite
and Zophar the Naamathite went, and did
according as THE LORD COMMANDED
THEM: the LORD also accepted Job.
Job 42:8-9
In the above scripture, God commanded the provision of

seven bullocks and seven rams for sacrifice through which
the LORD also accepted Job for a fresh start.
What about the fish that was commanded to take money to

Peter in Matthew 17?
Notwithstanding, lest we should offend them,

go thou to the sea, and cast an hook, and take
up the fish that first cometh up; and when thou
hast opened his mouth, thou shalt find a piece
D IV I NE COMMAND 111
of money: that take, and give unto them for me

and thee.
Matthew 17:27
The fish was divinely commanded to position with precision,

so that Peter would not miss it. From this moment forward
your steps shall be ordered to meet with your destiny helpers.
You shall no longer wonder away from your place of help. Let
your spirit be sensitive to recognise and receive divine help
whenever it is ordered into your life.
By divine command, many people have received valuables

they never asked for: money, cars, land, office space and other
valuables which became capital for their businesses. You too
can be set-up in this manner if it so pleases God.
However do not sit around waiting for this because it is not

in your control. You are expected to live by faith in the word
of God and enforce your rights in prayer, but the “how and
when” is absolutely determined by divinity.
You must, therefore, be very sensitive as the only option left

for the speedy manifestation of your supply may be for you
to follow divine direction.
F O L L O W D IV IN E DI R EC T I ON 113
30
FOLLOW DIVINE DIRECTION
For as many as are LED BY THE SPIRIT OF

GOD, they are the sons of God.
Romans 8:14
The term divine direction simply means God’s leading.
God is always speaking to people through various means to

give specific instructions on the way to go. But very often there
is a disconnection between God and men. So the challenges
of life continue.
For God speaketh once, yea twice, yet man

perceiveth it not.
In a dream, in a vision of the night, when deep
sleep falleth upon men, in slumbering upon the
bed;
Then he openeth the ears of men, and sealeth
their instruction.
Job 33:14-16
Divine direction comes in various ways of which the details

are beyond the scope of this book. It is vital to know when a
divine instruction is being given to you, because it holds the
key to your noiseless breakthrough and sweat-less triumph.
It can move you forward in a few days or months to a place
where your years of labour may not take you.
I therefore recommend the following books, among others,

for more light on this subject:
• Understanding Divine Direction by Dr. David O.
Oyedepo
• Following God’s Plan for Your Life by Kenneth E.
Hagin.
• How You Can Be Led by the Spirit of God by Kenneth
E. Hagin.
One of the simplest ways you can receive divine direction is

through your spirit. You just have this inner witness about
what to do, even though you cannot explain it. It may not
even make sense to you or anyone else, yet it is the answer to
your need. Job 32:8 says:
But there is a spirit in man: and the inspiration

of the Almighty giveth them understanding.
By the inspiration of God almighty, you understand what to

do. All that remains is for you to follow that guidance and it
will eventually provide you the answer you seek.
I have personally had some significant encounters where I

followed divine leading in my spirit and obtained spectacular

results. One instance was in June, 2006 when I desperately
needed a turnaround in my finances. I had a leading in my heart
to relocate from the town where I was to Port Harcourt. This
I did in faith. All I took with me were three pairs of clothes,
my Bible and little money for sustenance.
About one month after arriving Port Harcourt and squatting

with a friend in a single room (called self-contain) apartment,
I got another instruction in my spirit. This time it was to make
a vow like Hannah did and took delivery of her son, Samuel.
1 Samuel 1:11, 19, 20.
After making the vow, it only took about two months before my
financial status changed significantly through an opportunity
that came in an unexpected manner. From that point, I have
taken hold of other substantial opportunities in the upward
direction. Through my earnings I raised capital for investments.
Staying connected to divinity guarantees flight.
The capital you need for your business can be cheaply delivered
to you if you are committed to following divine direction.
Abraham obeyed God’s command to offer up an inconvenient
sacrifice of Isaac, his son, but God eventually provided the
lamb for the sacrifice and blessed Abraham forever for his
willingness, obedience and love. (Genesis 22:1-17).
What has your spirit been telling you to do in order to get

that capital? If it is in line with God’s word, that may be the
way forward. I see you locating your capital as you submit to
divine leading.
FINAL NOTES
Sometimes it might be necessary to raise capital using a

combination of ways. When you have to deploy two or more
ways to raise your desired capital it can be classified as the
combination method. You may do it unknowingly, but it can
as well be skilfully mapped when planning your execution
strategy.
Let’s revisit the example of the Prophet’s Widow we had

considered previously to see how she used the combination
method:
Now there cried a certain woman of the sons of

the prophets unto Elisha, saying, thy servant
my husband is dead; and thou knoweth that
thy servant did fear the Lord: and the creditor
is come to take unto him my sons to be bondman.
And Elisha said unto her, what shall I do for
thee? Tell me, what hast thou in the house? And
she said, thine handmaid hath not anything in
the house, save a pot of oil.
Then he said, go, borrow thee vessels abroad of
all thy neighbours, even empty vessels; borrow

not a few.
And when thou art come in, thou shalt shut the
door upon thee and upon thy sons, and shall pour
out into all those vessels, and thou shall set aside
that which is full.
her and her sons, who brought the vessels to her;
and she poured out.
And it came to pass, when the vessels were full,
that she said unto her son, bring me yet a vessel,
and he said unto her, there is not a vessel more.
And the oil stayed.
Then she came and told the man of God. And he
said, go, sell the oil, and pay thy debt, and live
thou and thy children on the rest.
2 kings 4:1-7
Notice, from the verses of scripture above, that the woman

invested the only pot of oil she had at home, but also had to
apply a combination of other ways to raise the total capital
required for complete execution of her business.
Here’s a summary of all the methods she applied to achieve

her business objective:
1. Counsel – She sought counsel from Elisha and received

it. That was the beginning of her breakthrough.
2. Divine direction – The counsel she received was

not from an ordinary source. It was from a Prophet
operating the supernatural force of divine wisdom,

which translates to divine direction.
3. Something you own– She invested her only priced

possession – a pot of oil.
4. Go for alternatives –She asked for her need (vessels),

instead of money, from her neighbours.
5. Where You Live – Her house was used as the factory

for the business.
6. Partnership –Her sons, by contributing their labour,

were her partners in the business.
Now you can skilfully incorporate various ways of raising

capital into your business plan and progress to successful
execution.
Let your imagination soar. You are limitless. Go ahead and

succeed.
PRAYER OF SALVATION
Some of the provisions in this book are exclusively for the

sons of God. Until you are born again, you cannot be led by
God (See Romans 8:14). If you want to give your life to Christ
and be saved, pray this prayer with all honesty and boldness:
Oh God, I am calling on you to save me. Forgive

me my sins. Jesus, come into my heart and be Lord
over my life. It is written in Romans 10: 9-10
that: “If thou shalt confess with thy mouth the
Lord Jesus, and shalt believe in thine heart that
God hath raised him from the dead, thou shalt
be saved. For with the heart man believeth unto
righteousness; and with the mouth confession is
made unto salvation”. I, now, confess that Jesus
is Lord and I believe in my heart that God raised
Jesus from the dead.
My Heavenly Father, I thank you for forgiving my
sins and saving me. I receive the gift of salvation
and everlasting life. I am now a new creature
in Christ. Old things have passed away and all
things have become new! I am saved. I am now
a Christian; in Jesus’ name. Amen!
Raising capital for business has been a major challenge for the teaming
population of aspiring entrepreneurs all over the world. Lots of great
business ideas remain as thoughts or plans and never materialize due to the
challenge of raising capital.
Everywhere you turn you see someone giving up on a

brilliant business idea or a new business suddenly folding
up. Ask why, and the once-enthusiastic innovators will tell
you with gloomy faces that they have no capital. They
have no one to support them.
The general consensus is that capital is money, and that it

is very scarce. But that is not the case, as you will learn from this book.
30 Ways to Raise Capital for Your Business reveals several ways to raise
capital for your business that will inspire you to get started. It is time to
move ahead with your business plan.
Chris P. Ogala, by divine privilege, is a serving

worker in Living Faith Church Worldwide (a.k.a.
Winners Chapel International Inc.) under the
mentorship and leadership of Bishop David ).
Oyedepo; and an alumnus of the prestigious Word
of Faith Bible Institute (WOFBI) run by the same
ministry.
He is a music minister with an unusual anointing for

the choir coordination, seasoned in the Word of
God, a motivational speaker with great passion for helping people out of
life’s challenges, and an author with emerging works.
Also, he is a graduate of Mechanical Engineering, married to his lovely

wife Diamond and blessed with wonderful children.
FINANCE AND INSPIRATIONAL
9 789785 558739 CHRIS P. OGOLA

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Raising capital for business has been a major challenge for the teaming

population of aspiring entrepreneurs all over the world. Lots of great

Everywhere you turn you see someone giving up on a

The general consensus is that capital is money, and that it

Chris P. Ogala, by divine privilege, is a serving

He is a music minister with an unusual anointing for

Also, he is a graduate of Mechanical Engineering, married to his lovely

9 789785 558739 CHRIS P. OGOLA

Copyright © 2017 by Chris P. Ogola

All rights reserved under International Copyright Law.

Published in Nigeria by:

FAMILY AND FRIENDS  19

SOMETHING YOU OWN  33

WHERE YOU LIVE  41

ANGEL INVESTORS / VENTURE CAPITALISTS  45

LIQUIDATION OF EARLIER INVESTMENTS  51

CONTRIBUTIONS (THRIFT /COOPERATIVES)  59

USE YOUR GIFTS AND TALENTS  71

REQUEST UPFRONT PAYMENT  79

CONVERT WASTE TO CAPITAL  93

GET COUNSEL  101

RETIREMENT BENEFITS  107

DIVINE COMMAND  109

FOLLOW DIVINE DIRECTION  113

FINAL NOTES  117

PRAYER OF SALVATION  121

This book is dedicated to:

• The Holy Spirit, for the release of grace, wisdom and

• All those who are currently facing challenges raising

• People that are actively involved in providing funding

• Those who will begin to help aspiring entrepreneurs

• The loving memory of my parents for the godly

First of all, I thank God Almighty without whom I am

I appreciate my Mentor, Dr. David O. Oyedepo, who stirred

Thanks to Dr. Ugochukwu Unachukwu, under whom I was

Pastor David Ibiyeomie, the touch of excellence I see around

Dr. Andrew Tongbe, President – End Poverty Foundation, I

Igbinedion Doye Angela (Ph.D), Amos Ndueso Okon (Author

Entrepreneurship simply means: owning your future.

There are many books out there on RAISING CAPITAL

Without an iota of doubt, l do believe that this

exceptionally well to the subject of Raising Capital for capital

I strongly believe and recommend the book as a working

Save your business now!

Dr. Andrew Tongbe

30 Ways to Raise Capital for Your Business is a book triggered

Lots of great business ideas remain as thoughts or plans and

Almost everyone you know who has a dream of starting a

But is capital really so scarce? To an extent, yes! However, the

When the term capital is mentioned, what comes to the minds

Capital is anything of value that can be used to start or grow

• Financial Capital: There are many things you cannot

• Mental or Intellectual Capital: Knowledge is power.

• Physical or Bodily Capital: Health is wealth. Your

• Relational Capital: Your network of valuable

• Spiritual Capital: Prosperity without spirituality is a

For those of you under continuous pressure from people to

Savings is a very primary source of raising capital for countless

FAMILY AND FRIENDS 19

SOMETHING YOU OWN 33

WHERE YOU LIVE 41

ANGEL INVESTORS / VENTURE CAPITALISTS 45

LIQUIDATION OF EARLIER INVESTMENTS 51

CONTRIBUTIONS (THRIFT /COOPERATIVES) 59

USE YOUR GIFTS AND TALENTS 71

REQUEST UPFRONT PAYMENT 79

CONVERT WASTE TO CAPITAL 93

GET COUNSEL 101

RETIREMENT BENEFITS 107

DIVINE COMMAND 109

FOLLOW DIVINE DIRECTION 113

FINAL NOTES 117

PRAYER OF SALVATION 121