Seed Capital
Startup Capital Substitutes
If seed capital is not available you have to turn to substitutes for it to grow your company.
Today I read an amusing story of how one young man who was determined to launch a company found a way to live and operate on a shoe string budget.
The Transitional Business Model
One of the key differences that I see over and over between successful and unsuccessful entrepreneurs is the willingness to use a transitional business model initially as a means of establishing a beachhead in the target industry. Another way of saying this is that smart entrepreneurs understand that they need to learn how to walk before they can run. Too many first-timers expect it all from the get-go. Then when the world fails to shower them with investment capital and customers, they get angry at it. Continue reading
Like many I am saddened by the news of the Steve Jobs’ death. I have admired the man since 1987 when I bought my first computer, a Macintosh.
Here’s an inspirational talk Steve gave a few years ago. Continue reading