Entrepreneurialism  

When presenting your business plan to an angel investor you must understand that they will be very interested in your spreadsheets and proformas, but you must also realize that it is typically an entrepreneurial optimistic approach, which causes problems with proformas.

Therefore, you should have dueling spreadsheets; that is to say ...read more

When presenting a Business Plan for a new Startup Technology Company to a Venture Capitalist you need to understand that they are looking for a one to three year kill. In other words they wish to fund a company that can be sold for 10 times or more their ...read more

Do not pay for any help to obtain a grant to start a small business. Grants do not exist for small businesses UNLESS the small business owner wants it to be a non-profit and are willing to be audited and give that money to others. [Which goes against the purpose ...read more

When I was laid off from my last “secure” paying job I mentioned to my wife that I wanted to go into business for myself. With two small children at home, a mortgage to pay, and enough other expenses hanging over our heads, this option seemed somewhat crazy. Fortunately, a ...read more

There are three basic reasons to consider becoming an entrepreneur:

Controlling Your Destiny.

This is usually the greatest motivator to the path of self employment. Entrepreneurs can plan their business activities around their personal commitments. The entrepreneur can prioritize for themselves rather than have a boss dictate terms. Entrepreneurs make decisions based ...read more

If you are not in a closet, you know that the crazy world of real estate can provide returns considerably above those offered by any bank or mutual fund. 15-2,500 % returns are available. WE are not talking about the unethical and immoral MLM crap but instead, a rather simple ...read more

Being an entrepreneur is one of the world's best opportunities, but it can also be stressful at times. Like when you've got an important client meeting scheduled that you have to cancel because of an emergency trip to the dentist. Or you come down with the flu right before a ...read more

What is the difference between Venture Capital and Private Equity?

The text book answer that would be given by most B-School professors is that venture capital is a subset of a larger private equity asset class which includes venture capital, LBO’s, MBO’s, MBI’s, bridge and mezzanine investments. Historically venture capital investors ...read more

Incorporating your small business may be the smartest thing you ever do. There are several reasons why you should consider incorporating.

First, by incorporating your business you reduce your overall liability. With a corporation you can enter into lease agreements, borrow money and purchase goods and services on credit. When you ...read more

Workers suffering burnout are making mistakes. It’s depressingly predictable: these mistakes cost money, compromise safety and may even put lives at risk. Work-life balance is a subject with broad points of view but Corporate America is finally responding to this demand. Actually it’s been a matter ...read more