Tag Archives: private equity

Cash Doesn’t Equal Customers, Part 2

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Image source: https://www.flickr.com/photos/76657755@N04/

Image source: https://www.flickr.com/photos/76657755@N04/

I’ve coached a wide variety of businesses, and it’s not uncommon for entrepreneurs to reach out to me directly when they need help. In my current Kauffman Foundation Entrepreneur-in-Residence role, I’m often contacted by companies looking at the possibility of bringing in some form of outside funding. One day, out of the blue, I was contacted on LinkedIn by a small educational technology company in my home region of Western North Carolina.

After talking with the founders, a husband-and-wife team, I realized the company had good potential for growth. They have great products, they had done their homework, good traction, and they were both dedicated to making their company succeed. But everything wasn’t perfect. They wanted to grow the company, and they needed money to pay for that growth. Continue reading →

Ep. 066 – The Pros and Cons of ABC’s “Shark Tank” Reality TV Show

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Shark TankWith the high-drama of a business pitch and razor-sharp commentary by celebrity-level investors, it’s no surprise that Shark Tank is a popular show among entrepreneurs. It’s good reality TV, but how does it stack up against the real-world process of pitching a business to investors?

As it turns out, host and business coach Tom Ryan has advised two companies that got pretty far into the Shark Tank selection process. In this episode, Tom shares his thoughts on this entertainingly vicious show with co-host Jason Pyles. Continue reading →