Acquiring funds to set up a business is often challenging. Radium2 Capital is a company that specializes in streamlining this process. As Radium2 Capital’s CEO, Troy Caruso realizes the difficulties that entrepreneurs sometimes experience. For this reason, he has concentrated his efforts on assisting many kinds of businesses, so they can achieve their targets. We caught up with Troy recently, to learn how Radium2 Capital works and which businesses can take advantage of its’ services. Here are the interview highlights:
Could you give an overview of the services offered by Radium2 Capital?
Basically, we provide businesses with a leg up, so they can get going in their chosen sector. Many entrepreneurs have their ambitions thwarted, because they cannot get hold of enough capital. With a simple application process, we allow these people to access the money they need quickly. Moreover, we devise tailored repayment plans that are compatible with people’s circumstances and business targets. During the entire process, customers are allocated an adviser to oversee things from start to finish.
What is your daily routine and how do you manage your time?
I try to embody the qualities I would like my team to adopt, so I work hard and encourage others to do so. I visualize strategies that will help us to progress and produce outstanding results. This might involve creating innovative methods to assist particular clients. Either that, or I am just motivating my staff to do the best job they can. To use my time productively, I constantly evaluate the future direction of our company, so that we all stay focused on the right things.
Can you give us a pearl of wisdom, based on your business experiences?
It’s difficult to choose one, because I have learned so much during my career. On balance however, I would say that — although it is important to have a good business concept — the implementation is what really counts. Do not restrict yourself initially; otherwise you might stop your idea from catching on. This relates to your basic plan and the people you choose for your team, etc. The world is full of innovative people, so it is quite likely that your business idea is not completely original. Implementation is what will set you apart.
What sort of companies are your services most suitable for?
We do not specialize in any one kind of company. Providing an entrepreneur has devised a solid business strategy, there’s the chance to be successful in any industry. Over the past ten years, Radium2 Capital has helped all manner of businesses. The reoccurring trend though, is that it is normally impossible to realize your dreams without funding.
Can you give an example of an online tool that improves your productivity?
Our specially designed online application form is Radium2 Capital’s ‘secret weapon’. This allows us to thoroughly understand every client’s situation and create a customized plan to fulfill their needs, thereby giving us an advantage over other lenders.