Business Owner’s Blog

DON’T
Says Seth Godin. I think he gives a pretty good alternative.
Takeaways:

Not all VC funding is bad for every company.
Thinking that funding is always the solution is bad for every company.

The war analogy doesn’t work because business is not a zero sum game. A great business makes the pie bigger for everyone. And in war, you’re focused on the enemy (ie your competition) but in business you’re supposed to focus on the customer.
The sports analogy doesn’t work either. It’s all about getting in the zone […]

Does this make sense?
Stowe Boyd suggests that as the need for investment in start-ups diminishes (he’s talking high tech) the need for advice remains high.
He suggests offering equity in a start-up in exchange for and advisory role.
As an advisor, I think it’s a great idea. What do you entrepreneurs think?

You can buy some at www.nothingforsalesite.com or read an article about it.
Takeaways:

Beats me. There’s a sucker born every minute? The first time you do something it’s news worthy? or humorous?
Your Takeaway here _____________________________