Patience is a virtue

Patience is a virtue

I had an interesting call with a ‘frustrated founder’ that I advise yesterday. I’m probably one of the least patient people I know, but they were ready to throw in the towel and go do something totally different and change the entire direction of...
There is no easy money to be made

There is no easy money to be made

The failure of Silicon Valley Bank is a stark reminder to all of us who invest of the potential risks of putting money into the tech sector. Long gone are the days when growth was everything and it appeared to make big gains all you had to do is invest in a recently...
Just what use is knowing about founders failures

Just what use is knowing about founders failures

Earlier this week a prospective founder of a new business was pitching their idea to me, and I asked them the question I often use.  “Tell me about some of your failures in the past”. It was like I had struck them with an iron bar, I truly got the feeling that they...
We all have dirty little secrets

We all have dirty little secrets

One of the reasons I wrote the book “Simplify to Succeed” is that lots of people in business harbour a dirty little secret, or two. That is that parts of their business ‘education’ are missing and they ‘wing it’ at times when this...
The ideal investor

The ideal investor

As a founder you may just be happy that somebody wants to invest in your business, but you should also consider some other factors, especially if you are exchanging a significant part of your equity for their cash. Look for the following: – Alignment of...