Wednesday, December 31, 2008

How A Bank Manager Thinks!


When talking to your local business bank manager
(how a bank manager thinks)

Never say:
‘I have the greatest idea since sliced bread – and nobody else is doing it.’

Bank managers are by nature not risk takers. You are not talking to a venture capitalist. They went into banking as a secure career option ( i.e. they are not risk takers but cautious types! ) and in you trot asking for money against an idea that they will perceive as a risk - particularly nowadays!

Phrases like ‘no one else is doing this in this town’ or ‘it is completely unique’ will get them reaching for oxygen.

Stress that your idea is as old as time – but you have a new twist on it. And, your money is safe in my hands!

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