26. September 2007 by Tim Collier.

Over on my company website, I have recently posted the links to 140 venture capitalist sites, for people to look at.  A very broad range of sites and some interesting reading.  If you have any sites that are not on there and would like to share, email me at info@cascadebusinesssolutions.com and i’ll get them posted right away.

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26. September 2007 by Tim Collier.

During my MBA courses one of my classmates (an engineer) declared during finance class “This ain’t engineering!”  What he meant by that was that there is no exact answer in building a business as there is in building a bridge.  One of the biggest mistakes that a person deciding to make the jump into the business world makes is insisting on an exact answer.  There isn’t one.  The sheer amount of variables allows, sales projections, expense projections, ability to get a SBA loan, that if any one of your estimates is off by the slightest amount  you will have a different answer then when you originally started with (to the good or bad).  You can be close, and what you want to do is limit the amount of variables to get the best answer, not necessarily the perfect answer.    Focus on what you know, look to see if you truly believe you have a good idea, run some base numbers, put together a business plan and go for it. 

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