by First Avenue Ventures | Oct 27, 2022 | 2022, Advising, Alabama, Birmingham, Economic Development, Entrepreneurialism, Life Science Fund, Start-Ups, Technology
First Avenue Ventures proudly received the 2022 Innovation Award for Community Partnership of the Year. The Innovation Awards, given by the University of Alabama at Birmingham’s Bill L. Harbert Institute for Innovation and Entrepreneurship (HIIE), recognize UAB...
by Mike Goodrich | Jun 28, 2021 | 2021, Birmingham, Birmingham Funded Start-Ups List, Business Lessons, COVID-19, Entrepreneurialism, Founders, Services, Small and Medium-Sized Businesses, Start-Ups
“You need to make hay when it rains.” I first heard this axiom — in that instance, in connection to a business in high-end consumer goods — in my early days as a lawyer. Simply put, the goal is to make your money during the good times, knowing that the...
by Mike Goodrich | Dec 11, 2020 | 2020, Advising, Birmingham, Business Lessons, Entrepreneurialism, Financing, Small and Medium-Sized Businesses, Start-Ups
I came across an article recently that described the “entrepreneurial advisor complex.” While I unfortunately cannot find the article, it rightly bemoaned advisors who promise the moon but cannot deliver. Particularly egregious, according to the article, are...
by Mike Goodrich | Jun 12, 2020 | 2020
If you’ve ever taught a kid how to drive, you know it’s a harrowing experience. Unlike other teaching situations, the fact that the student can do both property damage and physical damage to both themself and their teacher introduces an additional element of terror....