Ever see the movie, The Money Pit with Tom Hanks and Shelly Long? If not, this money pit is a dream home that turned into a nightmare home...(a real pit that they kept throwing money into.)
Businesses that are not yet mature can be money pits too. All too often I have seen new businesses that are underfunded and then go under after bleeding the investors of their life savings, second mortgage and their credit rating is a negative number!
I try to help people from doing this. All too often, mistakes are made that can be avoided. Outside perspective from an experienced expert can help. Not that I am an expert, but I have collected a lot of wisdom by working with hundreds of business owners over the past 20 years.
Having been a manager and having to depend on others to be successful can be nerve racking. But what doesn't kill you makes you stronger and hopefully wiser.
Saturday, June 16, 2007
Survival of the Fittest
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