Three cheers for whoever thought up Small Business Saturday. Small business is the backbone of business in any country, in any industry. Small business owners are the ones who think up the crazy new ideas that become the mega businesses.
If you are looking for an investor
and decide to work with a group or an individual angel investor you
need to know what they are likely to propose for a deal structure.If you are a working with an experienced angel investor it is very likely you will find terms such as:
First, I don’t believe the government should be the ones telling
banks what to lend or not to lend. The banker is the one that needs to
decide if someone is a good credit risk or not based on what level of risk they
want to or can take on at the time they are going to lend.
I admit – I do enjoy reading (or skimming) management books. In my career, a few have been very helpful. Many are useful, helping to re-invigorate and focus as attention and time can be diverted by the mundane tasks of day to day operations. I also enjoy the new ideas, and new takes on the challenges of running a business. What intrigues me on a personal level is the seeming divergence of opinion on how a new leader should start a new job: move fast, or take time and move more judiciously? Are these distinct? How does the new leader know how to proceed?