No business plan survives first contact with a customer. —Steve Blank, Silicon Valley–based retired serial entrepreneur. After conjuring up a brilliant business idea, I would immediately start writing a business plan. Like a skilled magician, I could make a marvelous business plan appear before your eyes in just a few days. It would be complete […]
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Use Different Banks to Minimize Risk
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Banks, Calculated Risk, Credit Card Companies, Finance, Lawyer, Money, Personal Finance, Preparation, Risk, Strategy

I have always been afraid of banks. —Andrew Jackson, seventh president, United States of America. One of the worst things you can do as an entrepreneur is to open a business bank account at a bank where you have a personal bank account. Likewise, it is not a good idea to open a business credit […]
View Post American Express, Andrew Jackson, Banking, Business Credit, CapitalOne, Corporate Law, Credit, Credit Card, Credit Report, Debt Collection, Debt-to-Income Ratio, Discover, Finance, Loans, Overdraft Fees, Personal Finance, Right of Offset, Social Security Number, Tax Identification Number, Veil PiercingThere’s No Such Thing as a Cold Call
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Angel Investor, Cold Calls, Creativity, Education, Making Deals, Negotiation, Preparation, Research, Sales, Skills, Strategy, Success

A winning effort begins with preparation. —Joe Gibbs, former NFL coach, race team owner At a recent entrepreneurship conference where there was a panel with angel investors, an audience member asked the following questions, “Do you take cold calls? And if you do, what should I, as a business owner seeking capital, say?” One of […]
View Post Capital Growth, Daymond John, Forge Intellectual Capital, Joe Gibbs, Timothy Reese, Valerie Gaydos