Author Archives: Robert W Price

Does Your Business Support Social Entrepreneurship? Start Your Corporate Social Responsibility Audit

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Is your company a good global citizen? Does your company “walk-the-talk?” How do you know? Do you want to “unleash” the social entrepreneurs at your work? This audit will help you measure your company’s actual social performance against the social objectives it has set for itself. Many successful companies have become world-renowned for incorporating social causes and social initiatives into

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Thuuz Sports CEO and Former Venture Capitalist Warren Packard Describes His Launch

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Many would-be entrepreneurs aim to bring the next great idea to the market, but those dreams rarely come to fruition without the know-how to navigate the entrepreneurial system. As a former venture capitalist, Warren Packard, now founder and CEO of Thuuz Sports, knows this firsthand. He and his startup team formulated a very intentional strategy to test their idea, acquire

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Edmund Hillary Climbing Mt Everest on May 29 1953 – Climb Your Mountain and Plant Your First Prover Flag

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For an entrepreneur, when times are good, cash flow is the oil that keeps a venture running smoothly. But cash is like oxygen at the summit of Mt. Everest, run out of cash and trouble brews really fast. Every entrepreneur planning a new venture faces the same dilemma: – What are the critical capital resources? – How much cash (financial

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How do you define your business space?

Understanding the environment of the industry is most important when planting the seeds of a new business venture. The environment is defined as all elements outside the boundary of an organization including the industry, government, customers, suppliers, the financial community, and other business ventures. Discussions of Industry Dynamics and Risk Analysis In the late 1970s, Harvard Business School’s Michael Porter introduced

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What are the supporting documents for investors?

Before any credible private equity investor will write a check to an entrepreneur they will conduct a complete background checks and detailed examination of the Company’s legal status and other important documents. We have provided discussions here for entrepreneurs to know about these supporting documents, and what entrepreneurs need to know before they talk to any potential investors. Our discussions here come from in-depth interviews and

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What is bootstrapping?

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Every entrepreneur planning a new venture faces the same dilemma. What are the critical capital resources? How much cash (financial capital) is needed? When is it needed? How will the funds be used? How soon will the venture reach profitability? For an entrepreneur, when times are good, cash flow is the oil that keeps a venture running smoothly. But cash

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