The Power of Positive Thinking

by Bert Shlensky | May 9, 2014 | Uncategorized

Have you ever watched one year olds learn to walk?  If you have, you are sure to notice a number of similar experiences.  While every child learns how to walk in a similar way, each one’s experience is unique as they get up, fall down, get up, and keep trying. What is amazing is their determination, lack of fear, commitment, practice, and continuing efforts to test the situation.   That’s the power of positive thinking.  As a startup and turnaround business consultant, I constantly hear, read advice, and see comments focused on worries, concerns, caution, in essence, all the old paradigms related to bringing about business success. While some of these perceptions may have validity in certain situations, they’re generally not productive. (more…)

Startup Capital is the End, not the Means, to a Successful Startup Business

by Bert Shlensky | Apr 28, 2014 | Uncategorized

Several clients and consultants advocate startup capital as entrepreneurs’ greatest need.  Our take on this assessment is they have put the cart before the horse.

Startupconnection argues entrepreneurs need to develop a basic business plan before they worry about raising money.  Any source of startup capital will be reluctant to provide access unless one can initially address a number of key questions:

• How much does the venture/business need?
• How and when will funds be paid back?
• Why should anyone have faith to invest money in the venture?
• What is the expected risk and return?
• What are the resources the venture/entrepreneur has or plans to have to   support the request?

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