A recent TV roundtable discussion, on a major news network, was fielding questions from viewers. One question, from an aspiring entrepreneur, asked the group for their advice on starting a new business. One panel member responded to the question by first congratulating the entrepreneur on their [...]Read more Entrepreneur Seeks Government Assistance
As a future entrepreneur, even if I didn’t know it at the time, I would frequently listen to Bruce Williams’ nationally syndicated radio talk show. He would take questions from callers on a variety of personal finance and business topics. Many of those questions and his answers planted seeds [...]Read more What are the Three Most Crucial Ingredients to Startup Survival?
There’s no wrong answer, but it’s important to understand the distinction. In talking with entrepreneurs about their ideas I find that many of them are searching for a way to monetize a unique talent, and this is especially true for highly creative individuals that are capable of producing [...]Read more Are You Starting a Business or Creating a Job?
I’m often asked to look at business plans, listen to startup pitches or assist a struggling venture. I enjoy doing this and genuinely try to be constructive. I strive to encourage entrepreneurs, pointing out both the weaknesses and the strengths of their concepts and plans, but I know we’re [...]Read more I’d Love to Hear Your Idea, But if You Want Gentle, Call Your Mom
Bloomberg reported last year that tech startups were seeking creative ways to define profitability, and that included fun concepts like “our product is profitable if you don’t count the cost of running the business.” I wish I were joking. As amusing as it is to see startups struggle with the [...]Read more Profit is Back! Why Did it Go?