Not much difference between angel investors and VCs anymore

The differences between angels and VCs are no longer quite so clearly visible as they once were

Not much difference between angel investors and VCs anymoreThe start-up is going well and now it’s time to pursue capital. The friends and family networks are running thin. Who are you going to call? Angel groups exist across the country and there are VCs (venture capitalists) you might want to see. The rule of thumb is to call them all: both angels and…

Is your company being ripped off by your employees?

Ten ways you might be cheated and what you can do to reduce your risk

Is your company being ripped off by your employees?James and John came into my office one day and were noticeably shaken. James had just come from the accountant and learned that his business had lost $400,000 in the previous year. In obvious disbelief, he asked if I could help him figure out what the problem was. In our discussion it came out that…

Are you in a leadership slump? Five things to revive yourself

Focus on being honest and ask for help, consider a sabbatical and trust yourself

Are you in a leadership slump? Five things to revive yourselfI bumped into Julie’s father at the grocery store and asked how his daughter’s business was doing. He told me she was going through a rough patch, so I called Julie. The first thing I noticed was Julie’s voice: the excitement was gone, and her energy seemed depleted. She told me about everything that was…

Why the cultured meat industry needs its own Elon Musk

Cultured meat could succeed but it won’t be easy

Why the cultured meat industry needs its own Elon MuskLeonardo DiCaprio has just used his A-list magic powers again by investing in two American cultured-meat startups, Aleph Farms and Mosa Meat. This is the same actor who invested in a vegetable protein company before the plant-based phenomenon was a thing. Beyond Meat is now worth more than US$8 billion. DiCaprio saw it coming before…

Beware the bad investor

Here are a few warning signs that you may be falling into the clutches of a bad investor

Beware the bad investorIn an ideal scenario, your deal has attracted such interest that you have the luxury of choosing your investor. Most entrepreneurs are not afforded this luxury and will often need to take the investment dollar that is offered. This I understand. Raising money for emerging companies can be incredibly difficult so, when money is offered,…

Three things leaders can do to prepare for calamity

What would happen to your business if you were unable to continue?

Three things leaders can do to prepare for calamityMy father had a stroke last week. Thankfully, at almost 83, this is one of the first serious ailments he has had in an otherwise healthy life. However, observing the debilitating effects and chaos that a serious illness can have on a person and family made me understand the need for leaders to have plans…

Relax, everything is going to turn out just fine

Get what you want by stressing less about outcomes

Relax, everything is going to turn out just fineSome of the biggest conflicts we face are about the frustration we feel when we don’t follow through and achieve what we’ve set our minds on. This causes us to become prickly in our relationships and take our irritation out on others. When I first started working in law enforcement, there were all kinds of…

Focus on your goals to put them within reach

Get rid of the negative thoughts and distractions and focus on what's important to you

Focus on your goals to put them within reachThe news is filled with folks complaining. From politics to economics and everything in between, people are focused on what we don’t have rather than what we do. It’s such a deeply-rooted problem that it makes me wonder if our focus is the primary culprit for all the unhappiness we perceive. When we imagine ourselves…

Are you failing as a leader?

Here's what you can do about it

Are you failing as a leader?If you’ve ever been in a leadership position, you’ve probably gone through a time when you didn’t feel very effective. Perhaps you were sitting at your desk wondering what to do next. Maybe you felt overwhelmed with the tasks at hand and wanted to give up. This might have happened when you had staff who…

Canadian government grants your business might qualify for

Many business owners are struggling to survive. These grants could help

Canadian government grants your business might qualify forWith the changes in the economy, many business owners are struggling to get a foothold on what they need to do to ensure their business is stable now and into the future. As a business coach, I’ve seen some tremendous transformations when businesses have had the opportunity to hire outside help to guide them towards…

What to do if your start-up is suffering Founderitis

Founderitis rips a blade across the throat of opportunity and buries potential in the soft sand of ego

What to do if your start-up is suffering FounderitisThink of entrepreneurs as explorers. To survive and thrive, they have to confront an ever-changing world and wrestle with the future. If they don't, they die. They often do not and cannot know the exact course they must take to successfully realize their vision, but they have the courage to leave shore anyway. You gotta…

Simple but powerful body language tips that exude charisma

Charismatic leaders are perceived to be confident, upbeat and inspirational

Simple but powerful body language tips that exude charismaIn business dealings, charisma counts. A lot. And charisma is as much about impressions and body language as it is about issues and substance. I've seen many qualified people get passed over for promotion (or lose a sale or fail an interview) simply because they couldn’t project an engaging attitude. Max Weber, the father of…

Five ways to keep your sales campaign from falling short

Don't stumble on the road to success

Five ways to keep your sales campaign from falling shortMike and James had a big plan to sell more of their widgets. The widgets they built were wonderful. They had numerous testimonials that these widgets changed people's lives. Mike wanted to grow this aspect of their business and James agreed. They came up with a plan, built the brochures and sales materials, started down…

Sick of working for others? Launch a microbusiness

Helpful tips to doing it right

Sick of working for others? Launch a microbusinessHankering to go off on your own and start your own business? If you think you've got what it takes, consider launching a microbusiness. Dal LaMagna, a Poulsbo, Wash.-based entrepreneur, says anyone can do it – if they go about it the right way. He speaks from experience. LaMagna launched personal beauty-tool company Tweezerman in…

Beware of the revolving-door venture capitalist

What happens when your great VC buddy who helped you through so much is gone?

Beware of the revolving-door venture capitalistA start-up that takes its fundraising seriously has to allow its CEO to tackle the project full-time for up to a year. The founders have studied the due diligence requirements ahead of the process, and they approach the investment community in an orderly and structured fashion. The founders and CEO work hard to listen to…
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