"Millennial Queenmaker"...The New Entrepreneurial Storm

Burns Funding Creates New Funding Program for Young Women Entrepreneurs

For 45 years, serial entrepreneur Peter J. Burns III has been a man on a mission. He has created over 150 of his own new businesses, as well as mentored countless other would-be entrepreneurs in their pursuit of business success.

Along the way, Burns has had an awakening. Some of the best business ideas in the world were never getting off the ground. They lacked capital.

So, three years ago, he started Burns Funding. Burns set out to create a tool chest of alternative funding methods that people could use to raise capital for their businesses. Ranging from credit line stacking to leveraging the cash that can be generated through cost segregation studies, Burns Funding facilitated the necessary capital for startup after startup after startup.

Then the pandemic hit.

Rather than viewing this as a death blow to the small business community, Burns did what he always does. He saw the opportunity. Burns turned to the deep resources within Burns Funding, when it comes to financial expertise, to create a winning program.

In essence, Burns figured out how to help would-be entrepreneurs access the overabundance of business capital that the federal government set aside as federal stimulus during the pandemic. But that was only half of the equation.

Burns, the father of two daughters and four granddaughters, recognized that those entrepreneurs who really needed the capital were a select segment of the population – millennial women – who were smart AND ambitious. Thus, from one of the darkest chapters in America’s history, the Millennial Queenmaker program was born.

While the details around how Burns Funding secures the capital are proprietary, the broad elements of the program are simple.

First, there is an introduction between the candidate and Burns, or a member of his team. Typically, the candidate knows that she already has what it takes to either create and run her own business or operate a business in an area where she already has some subject matter expertise. The latter is where Burns Funding can facilitate a match since Burns already has many vetted projects awaiting the intelligence and ambition that a young woman entrepreneur can bring to the table.

The next step involves either making the application for funds through the federal government (as mentioned above) or evaluating the creditworthiness of the applicant for purposes of securing capital through private lenders. Burns Funding has aggregated approximately $1.5 billion in unsecured debt funding available to qualified borrowers. Some candidates would be eligible for a blended approach of both federal and private funds.

Once the funds are secured and pending. Burns facilitates the creation of a comprehensive business plan so that the appropriate funds can be set aside for a suitable "living wage" for the young woman entrepreneur as well as the necessary vendors – marketing, financial, legal, etc. – who can help ensure the business’ success.  

While Burns is always available in a mentoring capacity, he has also recruited several accomplished female business coaches, who can guide the fledgling entrepreneur in her successful journey.

Specific Agreements between all the parties are prepared, reviewed, and executed. Bank accounts are opened, and the funding is arranged and provided with complete administration and oversight by Burns Funding’s resident experts. 

Burns serves as the majority owner of each venture, remaining the final decision maker until and when the business has repaid Burns Funding its debt financing. Then, the entrepreneur is deeded her agreed-upon equity in the startup. The dream is realized.

Read what some of my new "Millennial Queens" have to say...

Chief Executive Officer and Founder at Qais Aljawad

May 7, 2021, One thing I have admired the most about Peter is his willingness to teach and be a mentor that guides us through finding a balance between our work life and personal one. There is no doubt that life gets hard with tragedies and financial losses, but one of the most rewarding experiences I have had was meeting Peter and seeking mentorship through his years of expertise and wisdom in the business world. I have learned many valuable lessons that have helped me progress in my endeavors and business. One of the most valuable lessons I learned was to always treat your business like your second family. If you take care of it and surround yourself with the ones you trust, then you will thrive and prosper.

Taylor Harrell

Administrative Assistant at Burns Funding

May 7, 2021 I’ve known Peter for almost a year now through LinkedIn and email, and met him in person in January 2021. Peter has helped me in a dramatic way, helping me redirect my life in my location of living and my career. I’m from a small town in Oklahoma, Tonkawa. Before meeting Peter I had never been on a plane, seen an ocean, or even been to California. With the opportunity of being his intern, he made it possible for me to move here and start a new life. We are currently working on starting up an online boutique, he’s mentoring and teaching me how to start a business from scratch. Peter is a great mentor and partner to work with in showing me, and you, all avenues to become a successful entrepreneur. I am looking forward to becoming one of his Millennial Queens in his program.

Megan Moen

Client Success Manager | Empowering thought-leaders to deliver world class events that make an impact

May 5, 2021 66% of millennials have goals of entrepreneurship. For some, bridging the gap between a dream and reality can be seemingly impossible. Without the right resources, money or mentorship that dream can be downright impossible. This is where my time with Peter began in hopes of not letting my dream of entrepreneurship die before it ever began. Even with a business degree and years in corporate American I didn’t know where to start or who to trust with my vision. I started searching next steps and resources to help my entrepreneurial endeavors. I came across Peters Millennial Queen Maker program and have not looked back. From my first conversation with Peter I knew I was in great hands. From his mentorship to resources to his long standing connections in every field you can imagine. Peter and his team went to work immediately helping me with credit, funding, acquiring a business loan and allocating resources. The process was quite seamless and I would not be here without the help of Peter. There is such a large gap for young women with a business idea to actually getting started and executing successfully. I would encourage any young entrepreneur to look into Peters program to experience his mentorship first hand. I now look forward to using my own knowledge and successes to help mentor other young women in entrepreneurship too alongside Peter.

Alyssa Deranja

Creative Professional with a proven track record in all aspects of the creative process: conceptualization, planning, and execution.

November 20, 2020, Peter and I have been working together for a month now on his Millennial Queen Making Program. Peter has helped me develop a business plan and allocate his own resources to help fund and develop my online fashion boutique. He’s been a great help and communicating at what exactly needs to get done in order to make my online boutique successful!

Follow the "Adventures In Capitalism" of Serial Start-Up Entrepreneur, Peter J. Burns III at www.peterjburns3.com.