by Mike Goodrich | May 18, 2022 | 2022, Advising, Birmingham, Business Lessons, Entrepreneurialism, Founders, Marketing, Revenue, Sales, Small and Medium-Sized Businesses, Start-Ups, The Structured Start-Up Podcast, World Games
Blog 2 of 2 (unless I can work in a Sumo Wrestling or Drone Racing analogy) I recently had two entrepreneurs share with me that they are considering and under consideration for selling their wares at the World Games. I gave one an enthusiastic thumbs up, as it was an...
by Mike Goodrich | Dec 17, 2019 | 2019, Social Capital and Social Entrepreneurialism, Social Capital Series
You know who’s not good at fighting fires? Arsonists. – Anand Giridharadas In the late nineteenth century, New York City had a huge pollution problem: horses. Specifically, horse poop, which littered the streets. The...
by Mike Goodrich | Dec 3, 2019 | 2019, Social Capital and Social Entrepreneurialism, Social Capital Series
In order to properly frame this question, we first need a working understanding of a few shared terms. First: what is a market rate of return? Here’s a definition from My Accounting Course (emphasis added by me): Definition: Market rate, or the going rate, is the rate...
by Mike Goodrich | Oct 29, 2019 | 2019, Social Capital and Social Entrepreneurialism, Social Capital Series
The first in a series of First Avenue Ventures blog posts on Social Capital. Social capital is a concept not easily nor well-defined. In this series, we define social capital as the use of capital (for our purposes, we examine it primarily as financial capital)...