by Mike Goodrich | Sep 29, 2022 | 2022, Business Lessons, Entrepreneurialism, Founders, Mission-Driven Businesses, Social Capital and Social Entrepreneurialism, Social Capital Series
Social capital is a topic I have spent a lot of time with, both in my writing on this blog and website and in my own thinking. One pivotal moment for me was the SOCAP Conference in San Francisco, which is coming back in person this year (though I unfortunately will...
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)...