“There are many different ways. You could raise money among friends and family. Banks are the number one thing, I always advise people use banks,” Carter said. “You have the right deal, the banks are gonna support you. You have the right structure in place, the banks are gonna support you.”
He added: “So, going back to that million dollar thing, that was just what I heard when I was younger and I think somewhere it still says something like that, but it’s a lot of different ways, not around it, but to have that valuation to be able to approach these companies.”
