Remember to Run Your Business While Raising Capital
How much time are you spending on raising capital and how much is left to invest in actually running your company? Here are a few useful insights on the subject…
New Book: The E-Myth Chief Financial Officer (CFO)
“Some entrepreneurs and managers are “freaked-out about finance,” but this book leaps you past accounting to becoming your own financial architect.” That’s what I said when I read this new book from Michael E. Gerber and Fred Parrish.
How I learned to write a business plan. Why mine are different and better. And now it’s software!
Have you heard that investors don’t read business plans? Not true. Before they’re going to click OK on a wire transfer of $50,000 to $50,000,000, they’ll have a lot of questions. Your business plan is you in front of many supporting characters—with specialties, expertise, biases, perspectives, contacts, money… It’s like a movie script on it’s…
Credit Card Financing… Good! Bad? How to Navigate
There are a variety of ways to finance your startup or growing company. I’ve always avoided credit cards, but given some new opportunities, doing the math, and by playing the game well, they can be an easy source of immediate cash to get you through a tight spot or to develop a project. I explain here…
Psyching-Up to Ask Investors for Money
Finding the right person and asking them for money to fund your business can be daunting. First, you need to get your head straight! Here are some ideas…