I founded my first company over two decades ago, on a couple of credit cards and a dream (at the time, we referred to it as a “wing and a prayer” … now we prefer to remember it as a “vision for global leadership” *lol*). After 2 economic cycles, 3 major rounds of financing, 3 business model changes, and 2 “perfect storms”, I have reached the conclusion that “success” and “failure” are
Post Tagged with: "Entrepreneurs"
I often get asked about the venture financing process by entrepreneurs who are seeking venture funding for their companies. And the thing that I always emphasize is that venture financing IS NOT for everyone. Depending on the entrepreneur and the stage of the business, sources of financing can include family, friends, banks, angel investors, vendors, customers, strategic partners, venture debt […]
Perhaps a contrary point of view, but I believe that the current market and economic turmoil makes it a very exciting time to be an entrepreneur and to bet on entrepreneurs, and will eventually be quite beneficial to their businesses. Gone are the days, especially in the B2B environment, when customers can afford to ignore a “better mousetrap” (especially where they drive in-year cost reductions or productivity improvements), or make