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 | Nov 12, 2019 | 2019, Entrepreneurialism, Social Capital and Social Entrepreneurialism, Social Capital Series
Social capital is an area ripe for controversy. Not that social capital, in and of itself, is bad or wrong — few would say that doing well by doing good is a bad thing. Most people involved in social capital want to find ways to both succeed financially and...
by Mike Goodrich | 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...
