Be careful talking in terms of % ownership! Many people seem to get hung up on what percentage of the company they own at any given time. If you need to sell more shares to raise capital or hire a new person, everyone’s ownership piece of the pie is going to change. It’s crazy-making to…
I popped out into this world into an environment of wealth. My grandfather had made a lot of money in the tubing business after World War II. So far so good. But when I looked around, I noticed that not everybody enjoyed my good fortune. Even I didn’t fully appreciate my good fortune. And, like…
The problem, as I see it, with encouraging failure, while the real message is intended to encourage taking action without fear, see what happens, learn from it and keep going, is still setting one’s goal / intention / expectation as “failure.” Encouraging oneself to “fail fast”, I believe, sends a faulty message.
Excerpted from the book on mindful business management, Business Black Belt. “What you learn after you think you know it all is what counts.” ~ John Wooden, legendary UCLA basketball coach For those who give you reasons for why businesses fail… When I read a magazine article entitled, “10 Ways to Go Out of Business,” I…
It’s hard enough to find financing for your business let alone worry about being ripped off along the way by scammers preying on your desperation for funding. Here’s a good one that recently came my way… “We are most interested in business opportunities that require equity investment, debt investment and venture capital for start-up or…