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...
Aug 5, 2019 | 2019, Birmingham, Business Lessons, Entrepreneurial Assessment, 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...
Mar 5, 2019 | 2019, Board Membership, Business Lessons, Small and Medium-Sized Businesses
The role of the board and the board chair for a small and middle-sized private business is materially different from the role of a non-profit’s board and from a public company’s board, which must follow a host of securities regulation and compliance laws. ...
Jan 8, 2019 | 2019, Birmingham, Business Lessons, Entrepreneurialism
Birmingham is still recovering from economic mistakes of the past. We can’t repeat them. When the clock struck midnight the other night, I heard the refrain, “Time to party like it’s 1999.” I guess a little Prince, coupled with a year mnemonically similar to an event...
Dec 18, 2018 | 2019, Birmingham, Business Lessons, Entrepreneurialism, Social Capital and Social Entrepreneurialism
The Birmingham entrepreneurial ecosystem is now in its adolescence. Just like a teenager, our entrepreneurial system does miraculous things that impress, inspire, and invigorate the community — then stays out past curfew, blows allowance money, and remind us...
