Jul 18 2014

5 Reasons Start-Ups Fail

Here’s an interesting statistic: over 6 million new businesses get started every year,(Forbes). But even more telling is that after 5 years, only half of those businesses survive. As a commercial banker, I worked with a variety of companies for over 25 years.  I've witnessed lots of reasons some of them failed, but when it comes to the smaller, more entrepreneurial ventures there are a few common denominators:

 

Jun 12 2014

Need Funding? Start with Friends & Family

If you’ve ever thought about starting a business and tried to find funding, the first thing anyone and everyone will tell you is you have to start with friends and family.  This is of course after you’ve depleted your own resources.  Depending on the crowd you hang with, this could be easy or hard. But first and foremost, it must be a business transaction. 

Jul 31 2013

Why You Shouldn't Judge Loyalty

Like many of you out there, it’s hard to avoid the news about Anthony Weiner, his sexting scandal and race for mayor. But what I find more intriguing is how vocal and judgmental people like the Post’s Sally Quinn are around his wife, Huma Abedin.  Ms. Quinn throws her under the bus and says, “Sadly, she makes all women look like weak and helpless victims.”

Mar 12 2013

Why Can’t Women Support Other Women?

Talk about a double standard.  The negative reaction to Sheryl Sandberg's new book “Lean In” is causing such a visceral reaction. And sadly, the negativity is primarily from women. I’ve seen numerous comments along the lines of,