Jim's blog

Are Startups Still Receiving Funding in Southern California?

This is one question that I have gotten quite a bit by entrepreneurs who are currently pitching or thinking about pitching their companies. There is a lot of rhetoric out there, so I decided to see if I could find some information on my own.

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Great Article in Today's Wall Street Journal

Today’s Wall Street Journal Report is on Entrepreneurship with the lead article on “Why Business Plans Fail” by John Mullins. Along with his description of five common flaws, he also provides six telltale terms that should be avoided and why. A good read for any entrepreneur who is either in the process of, or getting ready to, put together a new business plan.

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Is Social Media Now a New Buzzword to Entrepreneurs?

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Don't Blow it by Being Sloppy!

On Friday, I saw a number of presentations by companies looking for startup funding. I found it hard to believe the number of companies that provided Fact Sheets with mistakes especially in the financial projections. How stupid can you be! All the work it takes to get to a point where you are finally ready to present your opportunity to a group that might just have what you need most, financing, and your being sloppy stops you dead in your tracks.

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Is This Really a Good Time to Start a Company?

I spent last Thursday and Friday in Palm Desert at an Angel Capital Conference and Forum.  With the economy the way it is and companies shutting down or downsizing, there are more people who are thinking about starting a business. One of the questions that entrepreneurs had was, “is this a good time to start a business?” A number of people think it is. There are plenty of examples of bad economies being a catalyst for starting businesses.

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