by Mike Goodrich | Feb 20, 2020 | 2020, Birmingham, Business Lessons, Entrepreneurialism, Start-Ups
Originally posted on Mike Goodrich’s LinkedIn page The Mercedes Marathon was this weekend. Patrick Koech won with a time of 2:25:40 or 5:34 a per mile. Running slightly over five-and-a-half minutes per mile for one mile is phenomenal, much less 26. Those of you...
by Mike Goodrich | Jan 31, 2020 | 2020, Birmingham, Board Membership, Business Lessons, Entrepreneurialism, Small and Medium-Sized Businesses
You may be a construction worker working on a homeYou may be living in a mansion or you might live in a domeYou might own guns and you might even own tanksYou might be somebody’s landlord, you might even own banksBut you’re gonna have to serve somebody,...
by Mike Goodrich | Oct 18, 2019 | 2019, Birmingham, Business Lessons, Entrepreneurialism, Small and Medium-Sized Businesses
I just finished Mike Isaac’s Super Pumped: the Battle for Uber, which I strongly recommend, particularly for fans of corporate intrigue and Silicon Valley excess. The story focuses on the rise and fall of Travis Kalanick, the hard-charging founder and CEO of Uber, who...
by Mike Goodrich | Sep 24, 2019 | 2019, Birmingham, Entrepreneurialism
Change usually has a downside, and the Opportunity Zone[1] tax law is no exception. A couple of pieces published in The New York Times highlight a negative perspective coming to the fore of this new tax law. In “How a Trump Tax Break to Help Poor Communities Became a...
by Mike Goodrich | Aug 27, 2019 | 2019, Birmingham, Entrepreneurialism
The venture capital business model is built on the theory that if you do ten investments and have one huge return, what happens with the other nine investments doesn’t matter. I don’t take issue with the financial argument of this model. However, I do have an issue...
by Mike Goodrich | Aug 5, 2019 | 2019, Birmingham, Business Lessons, Entrepreneurialism, Small and Medium-Sized Businesses, Social Capital and Social Entrepreneurialism
In 2018, Innovate Birmingham published their final report on the Birmingham entrepreneurial ecosystem. (See five articles at the end of this link – http://www.innovatebham.com/about/) In that report, the core conclusion is that Birmingham needs more...
