It is true. The issue we have with small business borrowing money from banks is the strict lending restrictions the federal government has placed upon them. I find it disheartening to listen to the present administration speak about how they are lending to small businesses. it is patently false. The SBA is very willing...
What I am most happy about is that finally, the venture funding is flowing again. From 2009 until mid 2011, venture funding was looking more like traditional bank financing with venture funds looking for a safe investment. This is quite contrary to the whole concept of venture capital, which is high risk and high...
I completed Graduate B-School, with honors I might add, and was already employed as a VP for Sutton Place Gourmet. While most of my peers were sweating over finding a new career, I was already entrenched in a new venture and quite happy with it. Even though I went to business school to change...
Throughout the years I have raised seed funding, startup funding and growth funding from structured and unstructured sources. One thing I have learned is that everyone has different requests for Due Dilligence. What is important to a Venture Capitalist may not be important to an Angel Investor or a Strategic Investor and individuals are...
I have walked the entrepreneurial tightrope more times in my life than I care to admit. Every group setting I go to all I ever hear about are people unhappy in their jobs with a great idea for a product and they want the freedom to pursue their endeavor. The reality is that when...
As an aspirational brand builder, I think Pinterest is one of the best social media sites for branding. Here are my ideas on how brands can use this site effectively to build revenue. 1 – Promote the Lifestyle elements of your brand – This is especially useful for apparel, accessory and cosmetic brands. We...
Why no one can figure this out just amazes me! I am going to lay out the plan for how to fix this that is very clean and simple. 1 – Go to every other day mail delivery and eliminate Saturday delivery. Let’s face it, who is waiting for the mail these days? Most...
I enjoyed B School immensely and I was a very good student. My undergraduate degree was in Hospitality Management, basically learning the skills necessary to run restaurants and hotels, but surface information. Not really diving in deep. Plus, who really pays attention in undergrad? Isn’t it really al about the beer? Finance...
Any of the retail ventures I started or was involved in, I focused on streamlining the supply chain from point of manufacture to point of sale. I wanted to ensure that product flowed having the least amount of human involvement. Why? Because I wanted all of the people in the organization focused on one...
I grew up in the restaurant industry and certain categories within the industry do well regardless of the economy, most notably fast food and fast casual. When money becomes tight in a family, they still need a treat and rather than going to a high end restaurant, they will go out to a lower...
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