You had a great idea for a joint venture and have successfully pitched the idea to your potential JV partner. He's on board and you're both ready to go! What do you do next?
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One of our new customers just called me looking for help with the following question:
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If you are an entrepreneur with a small healthcare company looking to take it to the next level, this article should be of particular interest to you. Your natural inclination may be to seek venture capital or private equity to fund your growth. According to Jim Casparie, founder and CEO of the Venture Alliance, the odds of getting Venture funding remain below 3%. Given those odds, the six to nine month process, the heavy, often punishing valuations, the expense of the process, this might not be the best path for you to take. We have created a hybrid M&A model designed to bring the appropriate capital resources to you entrepreneurs. It allows the entrepreneur to bring in smart money and to maintain control. We have taken the experiences of several healthcare entrepreneurs and combined that with our traditional investment banker Merger and Acquisition approach and crafted a model that both large industry players and the high tech business owners are embracing.
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Majority of people admire successful small business entrepreneurs and are sometimes even envious of their success. What they often fail to understand is that successful entrepreneurs have worked long and hard to get where they are. Small business requires dedication, hard work and sacrifices.
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When I went home for Christmas last December, the first thing my parents said when I got off the plane was "It looks like you've grown, did you get taller?"
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There are plenty of things I do to get more business and career education every day. For example, I listen to audio books while I'm driving around town, and finish a book per week that I wouldn't otherwise have time to read. I took a speed reading course, where I was able to double my reading rate in one month. And finally, I surround myself with successful people.
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The world today is advancing rapidly in knowledge and technological strategies, and the demand for protection, security, and benefits continues to increase. The world continues to grow closer and closer through the means of globalization and the advancements of the business world. As the business world becomes more complex and detailed, more and more people seek for different ways of obtaining financial security and stability.
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Entrepreneurs definitely dont have a monopoly on how to earn cash fast. The dreams of turning small money into a vast financial empire have always existed in one form or another. The global economy and the Internet have created a new genre of entrepreneurs. However, the stock market has always had its own entrepreneurs. The stock market is also full of individuals wanting to experience large returns from a great idea or investment.
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Did you know that your email address can affect your business reputation, can help build business relationships and have an effect on your business? Think about the email addresses you see coming into your Inbox. Do you have a different impression of a new contact if their email address is @yahoo or @hotmail or @gmail? I know I do. I look twice. Sometimes I delete the email as spam. I also wonder if they really have a business.
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Your professional organization decides to send out a newsletter to the membership.
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