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Friday, May 08, 2009

Another comment about my post this morning about startup in the Denver Business Journal:

Greetings, John,
I can see the comment... but, "This article is for Paid Subscribers ONLY." (Caps and punctuation courtesy of American Cities Business Journals, Inc., an organization that fails fairly miserably at customer experience...)

I tried to log in using our Phoenix Business Journal account, and the poor customer experience exacerbated itself. We will need to think long and hard about whether the Business Journal is a valuable business tool. Its online exclusion policies stand firmly in the way of business value.

Off my soapbox and on to your comment...

You are spot on, and that is why I am interested in providing Daring Mighty Things to Start Up Now workshop participants. VC is fine for the next Google or the next iPod. Or a cancer remedy that faces a decade of development and FDA approval processes. However, for the majority of entrepreneurs (and the majority of the economic vigor past, present, and future), bootstraps and shoestrings are perfectly adequate funding philosophies.

Similarly as you see in Denver, in Phoenix we see small businesses starting at the pace of about once a week in our Start Up Now workshops. Funding? Well, SBA Express, so up to $25K, but VCs are neither necessary nor appropriate. At least for now.

Kindest Regards,

Jim Graham, MBA
Maximum Business Advantage


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