Tag: Local Businesses

by Malcolm on January 6, 2021.

We’ve all heard this stat as a warning to both would-be founders and investors. A shot across the bow about the supposedly near-guaranteed failure one faces when starting or investing in a new business. There’s only one problem with this stat. It’s just plain wrong.

by John on December 29, 2020.

“It’s an economic war.” Warren Buffet delivered this mic drop moment on his recent CNBC interview with Goldman Sachs’ CEO, David Solomon. During the interview, Buffet had a specific request to lawmakers: extend the Paycheck Protection Program.

by Malcolm on November 11, 2020.

70% of small businesses are worried about financial hardship because of prolonged closures and 58% worry about permanently closing. Raising capital is the #1 problem for SMBs, according to a survey by Guidant Financial. Since raising capital is kinda our thing, we’ll start our survival guide there.

by Malcolm on October 27, 2020.

What do you think when you hear the word legacy? Your children, your business, Legacy Federal Credit Union? It’s ok, me too. “Legacy” gets thrown out a lot this time of year. It’s usually followed closely by “tradition” or “history”.

by Kasen on October 13, 2020.

Have you ever seen a group of young men singing Disney songs while swinging a sledgehammer at a cement parking lot? It’s quite a paradoxical spectacle. During college, I spent a blazing hot summer in Israel helping renovate a community building. Our first mission was to break up a parking lot, but the catch was that we only had one sledgehammer.

by Malcolm on September 23, 2020.

Asking someone for money is rarely fun and almost never easy. But if you’re trying to grow your business then you’ll almost always reach a point where you need to bring in capital from outside investors. Turns out, going and getting money from strangers isn’t so different from asking your parents for cash.  So here…

by Kasen on September 9, 2020.

Angel investor. Probably the coolest title in the investing world. This moniker belongs to high net worth individuals who financially back a business, usually in return for equity in the company. With the cool name comes a pretty high level of risk.  That’s why there have been laws allowing only individuals with large disposable income…

by Kasen on August 25, 2020.

There’s nothing like the Upstate highlands. A green canopy of trees covers the Appalachian slopes like a blanket over the body of an old warrior. ‘Tis a noble region besieged by Big Business and Corporate America. But no more. Communities are rallying around a war cry: “They may take our downtowns, but they’ll never take…

by Kasen on August 18, 2020.

I’m the type who turns buying apples into an arduous process. I’ll skeptically compare the fifty-cent difference between apples, assuming the proper scrutiny stance: arms folded, a slight lean to the torso, and eyes narrowed.  Once I’ve established the type and price of the apples I want to purchase, I’ll thoroughly inspect each item. The…