The Worst Place to get Money for your Business

Worst Place #1 - Investors! Why? it’s the most expensive money and it takes more of your time and energy to secure it. Plus they almost never tell you no so you waste a lot of energy pursuing deals that are never going to happen.
Worst Place #2 - Lenders. It’s cheaper than investor […]

What’s Wrong with Business Plans?

Lots of things. Mostly they put too much emphasis on the outcome and not enough on the process. I’m not a big fan. Yes, I know you need them if you’re going to ask for money. And yes planning is a good idea. But planning is a verb not a noun. You should engage […]

Would People Pay to Promote Your Product?

In most industries probably not. But music is different (like art and a few others where commitment and commerce are closely linked). SELLABAND has developed an interesting business model to exploit this combination of passion and partnership. Details HERE.
The idea is “believers” aka investors invest $10 in a share of a new band. When the […]

Time Flies When You’re… an Angel?

Wow I didn’t realize I’d taken a whole month off from blogging. We’ve been busy with the holidays (and spending time with the four of our five kids who are home from college). But also - more to your interest - trying to put together an angel investment deal. Looks like the deal is dead […]