Monthly Archives: August 2018
Have a Start-Up and Want to Get Funded?
In January of this year, I was reading one of those popular little business articles in one of the small business publications that you find at the newspaper rack. In that particular article the author was explaining how come new small startups were having such a half time finding venture capitalists, and small time investors. The article went through all of the deals which got funded in 2012, and there was quite a bit of data there. It showed that certain types of industries just were not getting any juice, not even from friends and family, angel investors, or this new crowd funding strategy.
It was a very good article and well documented, however as the coordinator for a think tank which happens to operate online, I am constantly reading new business plans. There is something missing in most of these new business plans and that is a decent return on investment and a realistic pro forma. You see, small entrepreneur startup businesses just can't make up facts and figures, and guestimate the amount of profit they might attain from their revenue without some good backup, or even some industry standard information.
Opportunity Awaits... Seize the Opportunity
"What if I said this", "What if I did that" or "what if I didn’t". "What if..."?
We ask ourselves this question every day. What it really boils down to decisions. We all have decisions to make every day of our lives. Some of them important decisions... some of them are incidental. We all make good and bad decisions. That’s life. When you look back on your life, you can think of some really great decisions that you made, decisions that have altered the course of your life. You can also remember some really bad ones that have affected you in a negative way.
When you are standing in front of that open door of opportunity the question arises “What if? Do I? or don’t I?". We need to make a decision. How do we make decisions? The answer to this depends on our background, education, life experiences and sometimes advice from others. Life is never static, it’s always changing and opportunities come and go. Doors open and we have to decide whether to step through and seize the opportunity or not.