Mini GolfBuilding an Empire

$1M in cash

in 5 years

Year 1

Venture Capital

$200K

Buy mini golf

$50K

Invest in new golf club

$100K

Keep $50K for operating

Capital Structure

Year 2

Get bank loan

$100K

Return loanget it again … and again

Investor to build

5* hotel

Issue a bond (N=2)

$100Kfor Polo club

Issue a bond (N=2)

$50Kfor Tennis club

Partnership with

golf/polo/tennis shops network

Capital Structure

Year 3

Return loanget it again … and again

Sell franchisees on

golf /polo/tennis clubs

Investor

to buy restaurants

Capital Structure

Year 4

Return loanget it again … and again

M&A time

CapitalizationEBIDTA

Stable GrowthLiquidity

Fake IPO

Capital Structure

Year 5

IPOby Deutsche Bank

on RTS (OTC)

expectations $10M

Aggressive growth for 1 year

Sell your Shares

Capitalization

Retire with

at least $1M in cash.

Buy mini-golf

And have fun