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Oh, go ahead and ask for $5M for your startup.  

Berkonomics

I cannot tell you how many times I have seen executive summaries of business plans in which the entrepreneur seeks $5,000,000 to build the business. The investors want a motivated entrepreneur, and it is certainly more difficult to motivate a twenty percent owner than a sixty percent owner. Four reasons you should reconsider.

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Why Email May Be Draining Your Company’s Productivity

Both Sides of the Table

I’ve taken to saying, “Email is our personal to-do list that anybody adds to – whether they know us or not.” about their marathon 4-hour sessions to get to zero inbox or somebody else claiming email bankruptcy ( definition if you don’t know it already ). I have taken to limiting my outbound email.

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Would you sign a personal guarantee?

Berkonomics

More than ever, the banks and lenders today require personal guarantees from entrepreneurs, and even from CEO’s of funded businesses. Starting and running a small or growing business can be a challenge to the most confident and optimistic entrepreneur. All entrepreneurs assume risk when starting and growing a business.

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Risk, insanity, and the 50% startup rule!

Berkonomics

After speaking with many entrepreneurs over the years, each defines success in his or her unique way. We all see the examples of well-known successful entrepreneurs, many in our chosen field, who achieve success by anyone’s measure, and we optimistically expect to emulate these role models with at least some level of success.

Startup 317
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The Toxic Nature of Email

Both Sides of the Table

But what has really killed me is email. I live in email hell. And for the last few evenings I decided to get through email rather than blog. I’m always so completely behind on email. I have a love / hate relationship with email. Email is a chore. People expect too much when they email you.

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Entrepreneurism is all about personal risk.

Berkonomics

Here’s the ultimate thing about entrepreneurism. The post Entrepreneurism is all about personal risk. If you don’t directly engage the potential customer at the right time, place and mood, you are at a disadvantage from the start. If you don’t choose to enter the fight, it is impossible to win it. first appeared on BERKONOMICS.

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Can a “good-hearted” entrepreneur succeed in business?

Berkonomics

People argue over whether an entrepreneur with a sense of fairness, a desire for collegiality, a want to share the profits can succeed in the long run within a business world full of lions and tigers that eat timid entrepreneurs for lunch. Stories of the selfish entrepreneur. Does a “good heart” diminish the chances of success?