Bad Times Are a Bad Time to Start a New Company? Tell That to GE, IBM, and GM.

ShareSometimes a downturn /crisis /depression /recession /deflation /stagnation /stagflation /panic can be the best time to start a new company. Yes, bank credit is tight, but companies of all kinds are giving discounts on their products and services.  Employees are easier to come by.  Have you posted a job opening lately?  You better have a […]

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8 Places to Get Financing

ShareThis is a good post on CNN Money on alternative places to get money – alternative meaning not banks. Virgin Money (used to be Circle Lending) is a cool idea – it helps structure deals you do with friends and family.  That’s where most early stage money comes from anyway, and I know too many […]

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“The French Have No Word for Entrepreneur”

ShareAs attributed to George W. Bush.  Did he misunderestimate as well? Check out this article in Newsweek.  Having lived and worked in France, I’ve always said it’s not a place to work, but a place to get laid off, and retire.  But now the government has just dramatically reduced the financial requirements on starting a […]

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PennVention Contest

ShareI just finished scoring the my five entries in this year’s PennVention contest.  (http://tinyurl.com/abud5n) PennVention is a really cool competition put on by the Weiss Tech House at the University of Pennsylvania, and over the years I’ve found the teams to be savvy both from a tech and business point of view. My entries this […]

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First Wave of Stimulus Bill Towards Small Businesses

ShareThe SBA announced it’s making $255 million available in interest-free emergency loans to small businesses. I expect we’ll see more of this sort of thing. These loans only apply if you already have bank-issued business loans, but the cool thing is that for the first time, the SBA will guarantee the loans, making them risk-free […]

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