Entrepreneur, Author and Scholar, Dr. Randal Pinkett Pens 'The No-Money Down CEO", Showing Aspiring Entrepreneurs How to Start A Business With Little To No Cash in Today's Economy

NEWARK, NJ, March 17th, 2009----Dr. Randal Pinkett, Season 4 winner of NBC's “The Apprentice” with Donald J. Trump, has penned another note-worthy business book with The No-Money Down CEO: How to Start Your Dream Business With Little or No Cash, an action-learning tome with an accompanying audio business course offering a comprehensive step-by-step plan to aspiring entrepreneurs on launching a business with little to no cash.

The No-Money Down CEO shakes up the small business industry by exploding the financial myths about startups, challenging the rules regarding the need for any initial working capital and eliminating the need for “outside investors” to help entrepreneurs pursue their dreams.

“In today’s economic upheaval and ongoing credit crunch, would-be entrepreneurs unfortunately think that they have to put their dreams on the shelf until they find an investor or a bank extends them credit to get started. Not so.” said Dr. Pinkett, chairman and CEO of the successful Newark, NJ based consulting firm, BCT Partners. “The No-Money Down CEO is a comprehensive guide that entrepreneurs can use to find ways to fund their dreams with little to no money.”

In the quickly eroding job market, displaced workers, new job seekers and recent college graduates are showing an increased interest in starting their own businesses, but are facing the economic realities of diminished savings and a tight credit market, two financial lifelines that traditionally support new business owners. The No-Money Down CEO shows would-be entrepreneurs that despite these concerns, they can start their business with little to no cash. In fact, statistics show that:

• 48% of fast-growing businesses started with $20,000 or less
• 36% of fast-growing businesses started with $10,000 or less
• 13% of fast-growing businesses started with $1,000 or less

*SOURCE: Inc. Magazine; based on start-up capital raised by the Inc. 500 Fastest-Growing Companies

Dr. Pinkett states, “While conventional thinking is that you have to have a lot of money to start a business, research has found that almost half of high-growth businesses started with only $20,000 or less, while approximately 1 out of every 10 high-growth businesses started with only $1,000 or less. The No-Money Down CEO provides specific steps for entrepreneurs to do the same.”

Packed with valuable business lessons from Dr. Pinkett, The No-Money Down CEO offers insider’s tips, tools and techniques designed to put any business on the fast track to becoming a multi-million dollar success. The No-Money Down CEO approaches every aspect of business capital from bootstrapping to micro financing, proving to entrepreneurs that despite the economy, there's more than one way for to fund their dream business.

Dr. Pinkett, a former star athlete at Rutgers University who also holds an MBA and PhD from MIT, said, “Right now, our spiraling job market and bleak economic outlook has control over so many lives. Entrepreneurship is the lifeline that can give people the ability to take that control back. One of the hardest things for any entrepreneur to do is to find the money they need to finance their dreams. With The No-Money Down CEO, I’m making sure that those dreams don’t disappear.”

ABOUT TRUMP UNIVERSITY
Trump University offers online and live training, reference materials and coaching in a wide variety of real estate and business topics. Their real estate courses teach you how to think big and then build a great portfolio, step-by-step. To learn more visit www.trumpuniversity.com .

ABOUT RANDAL PINKETT
Dr. Randal Pinkett has established himself as an entrepreneur, speaker, writer, scholar and community servant. He is the Co-Founder, Chairman and CEO of BCT Partners, a multimillion-dollar management, technology and policy-consulting firm based in Newark, NJ. A sought after public speaker and advocate for numerous corporate, youth and community groups, Dr. Pinkett is the author of Campus CEO: The Student Entrepreneur’s Guide To Launching a Multimillion-Dollar Business and The No-Money Down CEO: How to Start Your Dream Business With Little or No Cash. Notably, Dr. Pinkett made history as the first African-American ever to receive a Rhodes Scholarship at Rutgers University. He firmly believes in the mantra “for those to whom much is given, much is expected.”

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