Last night, while speaking about getting funding to a group of entrepreneurs at a mastermind event, a young guy came up to me and I could see that he was clearly bothered about something. He nervously waited around, fidgeting the entire time until eventually, everyone else had left. I knew there was, what he thought,
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Massive layoffs have been hitting the news at an increasing frequency, with Intel, CVS, Aetna, and John Deer being some of the most recognizable. At the same time, wages remain stagnant, inflation has made everything less affordable, and credit underwriting has become more stringent. This is the financial equivalent of “The Captain has turned on
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You’ve probably heard a statistic thrown about the percentage of small businesses that fail within the first year, and while that number changes depending on several variables, it’s always astronomically high. According to the U.S. Bureau of Labor Statistics (BLS), the failure rate for new businesses is roughly 20% in the first two years, 45%
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