Scott,
Ted Turner's Dad committed suicide. He had a billboard advertising business. Ted took it over and made it a bigger success than it had been and then decided to branch out into television with the SuperStation. It was after the SuperStation got up and running that he decided to go for the 24-hour cable news network.
Yes, Gates started with money, but Steve Jobs did not.
What do all three men have in common? A lot of drive and passion for what they want to achieve.
Letters do matter. They are a form of marketing. Of course, like any form of marketing, just going through the process does not guarantee success. Walt Disney approached 300 banks before he got funding for what became Walt Disney World. Now, I would say you have to be pretty determined to go through all that. What if Walt had decided to quit at bank 299?
Are you familiar with The Foundation Center? There is a library in New York City by that name. It is unique in that it is a library devoted entirely to philanthropy. That is to say, nonprofits seeking grants and philanthropic organizations looking for grant-seekers. Money is available for people who have ideas and know how to write grant letters. Grant-writing is like programming. It is a learned skill. You have to know how to do it to make it work.
Lamar Morgan
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