Is a banker really your start-up friend?

ymhg0kygvc-clem-onojeghuoThe other evening a business radio show had on a banker who was saying how many loans his institution provides to entrepreneurs. He said that the bad debt percentage was about 3.8%, adding that entrepreneurs manage their money carefully and pay back their loans. If they run into trouble, the entrepreneur would sit down with his or her banker and work out a repayment plan. Continue reading “Is a banker really your start-up friend?”

Make your idea happen (even if you don’t think you’re ready)

IDEA
IDEA (Photo credit: mlinksva)

What does it take to get your new business idea off the ground? How do you make your new business idea happen? How much is it going to cost?

The challenge about starting anything new – and I’m not talking about inventors here – is that you need to be fairly high up the food chain to make your new business idea into reality. What I mean by this? I mean that you need to have the skills, time, motivation, contacts and money to make your idea happen.

Continue reading “Make your idea happen (even if you don’t think you’re ready)”