Tag: Work

The 10 Best Consulting Firms to Work For #current #business #news

#business consulting firms

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The 10 Best Consulting Firms to Work For

The world turns, and most consultants still want to work for McKinsey Co. The elite firm known by some as the Harvard of consulting beat out competitor Bain Co. for the top spot in a ranking of consultancies by Vault, a website that researches and ranks companies. McKinsey was voted “Most Prestigious” for the 14th straight year.

Vault analyzed 9,000 responses from consultants it surveyed at 100 companies in North America. Consultants ranked firms on a scale of one to 10, based on prestige, firm culture, compensation, work-life balance, and other factors.

Vault ranked 50 consultancies, weighting its ranking by factors that consultants identified as being most important to their decision to select and stay at a firm. This year, Deloitte, PricewaterhouseCoopers, and Oliver Wyman moved up the list, while technology-specialist Accenture noticeably dropped out of the top 10, to No. 20. Bridgespan Group took Accenture’s former spot in its debut year, highlighting the importance of social good in rankings success. Bridgespan’s commitment to social sectors boosted its measures of prestige and sense of purpose, according to Vault.

Consulting used to be the top choice for business school graduates, but now the technology industry is taking many of the best and brightest new MBAs, says Vault editor Phil Stott. More consultancies are mitigating office hours while boosting travel opportunities, flex-time, and work-from-home options.

“Consulting firms have had to start competing on quality of life in a way that they never had to before—which, in turn, is leading to higher ratings from consultants,” says Stott. “It’s a pattern that I’ve seen developing over the past couple of years, and it’ll be interesting to see where it goes from here.”

The report also includes the second year of Vault’s Boutique Consulting Rankings, an increasingly popular grouping. Insight Source Group was ranked No. 1 for its second year, but the standout for work-life balance was Eagle Hill Consulting. The firm, which advertises as a “family-run, woman-owned company,” scored highest for vacation policy, hours in the office, and overall satisfaction.

The Top 10 firms to work for, based on Vault’s Annual Consulting Survey, are below. Find the full 50 firms Vault ranked here.

1. McKinsey Co.

3. Boston Consulting Group

4. Deloitte Consulting





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Work From Home as a Franchise Owner #business #awards

#work from home ideas

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Home-Based Franchise

You want to launch your own business, but you’re not sure where to start. You don’t have a business plan, and you’re not sure about the logistics of marketing, sales, human resources, customer service, accounting, legal compliance AND you d like an opportunity that has a low-risk potential. A home-based franchise may be the perfect home business solution for you!

A franchise is basically a business-in-a-box or business model that can be easily replicated. That s the beautiful thing about a franchise; all the hard work has been done for you; you basically pay for the franchise, and you’re given a detailed manual, training, and tools on how to replicate the business exactly. Many franchises have well known established brand names too, so you spend less money on marketing your business.

You ve heard of famous franchises like Starbucks and McDonald s, but there are also some great franchises out there that will allow you to work from home. With over 1,500 different franchise companies in the USA, you re bound you find one that fits your interests and skills.

Now that you re sold on the idea of a home-based franchise there are some important factors to consider before you make the leap.

Franchise Costs and Fees.

The downside of owning a franchise is the initial cash requirement is generally a substantial amount, and many franchises require you to pay monthly maintenance costs. Besides the initial cost and ongoing fees, you ll want to look into the profitability of the franchise. Talking to individual franchise owners can be a good place to start, but know that location can sometimes be a big factor in how successful your franchise is. Before you start looking for funding options ask for a comprehensive earnings list of current franchise owners so that you can evaluate the real earning potential of the franchise.

Again, the great thing about a franchise is it s an easily replicated business with a proven business model so you ll want to find out all of the nitty gritty details.

Here are some questions you ll want to ask:

  • Is training in-person, online, or via printed materials?
  • Do they offer on-going support?
  • Does the company provide location/territory exclusivity?
  • What are the royalty fees? Are there on-going marketing fees?
  • How are you allowed to market your franchise?
  • Whats systems do they use for marketing, bookkeeping, payroll, content management, and legal advice.

Determine if You Have the Right Personality to Be a Franchise Owner.

One of the downsides to owning and running a franchise is that you don t have complete freedom over how you execute the business. You ll need to adhere to rules and policies set forth by the franchising agent. If you re found breaking the rules you could end up in mediation, arbitration, or your franchise contract could be terminated. This is why it s so important to make sure that you fully understand all the terms and policies before signing a contract. If you re the type of person who wants more creative freedom, starting your own business from scratch may be a better option.

What Home-Based Franchise Opportunities Are Available?

Here s a list of some of the home-based franchises with low to moderate startup fees. Please note, this list does not cover ongoing fees associated with each franchise you ll need to check with the individual companies for complete, up-to-date information, prices, and related fees.





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Small Business Loans: How They Work and What You Should Know #business #lenders

#how do business loans work

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Small Business Loans: How They Work and What You Should Know

Small Businesses are increasing their payrolls, but hours worked and wages earned are down slightly. Photo: Reuters

For small business startups, knowing how loans work and getting them are absolutely crucial.

Many entrepreneurs, however, wait until the last minute to think about loans and prefer to dwell on grandiose plans, never mind that they often need loans to fund those plans.

Asking for loans is “unpleasant; it’s like asking your dad for the car keys,” said Charles H. Green, Executive Director at the Small Business Finance Institute and author of The SBA Loan Book .

Small businesses should start this “unpleasant” process early, however, partly because it could prove to be long and difficult.

One entrepreneur Green encountered secured his loan at the 60th bank he approached.

While this might be an extreme example, small business owners often need to try at more than one bank to get a small business loan.

During the process of dealing with a bank, moreover, they may be asked to provide additional documents they previously did not anticipate needing.

Green stressed that small business owners need to be patient in this entire process.

Banks Want Their Money Back

In making any small business loans, the goal of the bank is to get its money back. Even if the loan is made through the Small Business Administration (SBA), it is still a bank that ultimately risks its capital.

Banks usually get their money back from the borrower’s revenues. If that is not possible, banks can also get their money back from selling assets pledged as collateral or from the small business owners personally.

Therefore, besides documents relating to the business projections, banks may often request documents relating to the personal finances of the small business owner and whatever assets that can be pledged as collateral.

Backing up Projection Numbers

Regarding business projection numbers – that is, assessing the probability of repayment from borrower revenues – it is all about justifying those numbers, preferably with facts, said Green. For existing businesses, that may mean financial statements.

Some of the hard questions a lender may ask include:

*How many customers do you need?

*How do you find them?

*Who are satisfying these customers already?

*Why would they feel compelled to buy from you?

*What is your capacity to deliver those products?

*What is the cost to deliver those products?

Learning from Mistakes

Sometimes, the best efforts of small businesses to secure a loan are not good enough.

When rejections happen, Green recommended turning them into learning lessons. Often times, if the small business owner manages to remain calm and polite, he can get candid responses as to why he was rejected.

These explanations often turn into keys to successfully securing a loan from another bank in the future.

Choosing the Right Banks

Other times, though, a rejection from a bank has nothing to do with the borrower at all. That is, a lender may not have any money to lend.

Therefore, Green recommended that small businesses avoid banks under consent agreement with or issued a cease and desist order by the Federal Deposit Insurance Corporation (FDIC).

Generally speaking, smaller banks have more flexibility in their lending standards while bigger banks usually offer cheaper rates, added Green.





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Home Based Business Opportunity – Work From Home #business #acquisition #loans

#home business opportunity

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The WorldVentures Work-at-Home-Opportunity

When you hear the phrase “work from home business ,” what image pops into your mind? Do you see yourself twiddling your thumbs, waiting for a call to come through as you try to sell magazine subscriptions? Or maybe you think of trying to store loads of inventory in any spare space you can find, hoping to unload it before dust covers it—again. If you’re seeking a work-from-home business opportunity, ask yourself this question: What if you could bypass the inventory, sell a product that you’re truly passionate about and manage your business from anywhere in the world? Sound like nirvana?

Well, WorldVentures has given the home-based business opportunity a new twist, taking Representatives outside the four walls of their home and making the world their office. For more than seven years, we’ve shown thousands of people the world over how direct sales is ideal for selling vacation club memberships. Today, we have Representatives in 23 countries worldwide who relish the product. They not only sell, but showcase the experience of travel at some of the most breathtaking destinations in the world, and are now living life on their own terms.

“I wanted the time and financial freedom to teach my kids history, not from a history book, but to take them places in the world where history happened,” WorldVentures Representative Matt Morris says.

If you’re looking for an opportunity to spend more time with your friends and family, and to experience more from life―this is it!

And we’ve leveled the playing field―the opportunity is open to anyone, regardless of age, background or education. Make no mistake, there’s real potential here. All you need is the desire to build your business and the commitment to put in the time and hard work necessary to establish a solid foundation. If you’re looking for an opportunity to spend more time with your friends and family, and to experience more from life―this is it!

Start Your Home-Based vacation Club Business

Opening your own home-based vacation club business can be lucrative, and it can also give you the chance to travel the world—if you start your business with WorldVentures!

A home-based business allows you the flexibility to make a schedule that works with your life. Not to mention, WorldVentures’ direct-selling model makes it easy to set up your business, and with our mobile apps, your business can go with you. No matter where you travel, you’ll always have access to the most up-to-date news, account information, social media tools, training and, of course, the latest DreamTrips that have been added to our lists!

Selling vacation club memberships with WorldVentures is not only convenient, but also offers a wide array of products and packages for your customer base.

Selling vacation club memberships with WorldVentures is not only convenient, but also offers a wide array of products and packages for your customer base. No matter who your customers are—retirees wanting to explore a new country, families needing an affordable getaway, newlyweds planning their honeymoon, or even college students looking for Spring Break options—we offer various levels of DreamTrips Memberships. each tailored to member usage and budgets! Our selection is what provides your business value, resulting in satisfied customers.

So, get ready for all of the convenience and fulfillment that a home-based business can bring and get ready to find more fun, freedom and fulfillment with WorldVentures!

Explore More





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The Best Work at Home Business – Arise Work From Home #magnetic #business #cards

#best home business

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When you think of starting a work-at-home business, what comes to mind? Tupperware parties? Trunk shows? Cosmetics sales? Does that stop your daydreaming in its tracks?

We’re happy to report that there are options on the horizon that don’t require selling products or hosting parties. The best work-at-home business currently trending is the type where 1) you are in control of how much you earn and 2) is fulfilling.

The time-consuming tasks associated with traditional forms of work-from-home opportunities (e.g. the afore-mentioned makeup sales, trunks shows, Tupperware sales, etc.), are eliminated when you start a small business in the customer service space. The days of hunting for new leads, event organization, and setup, are out the window as calls come to you directly in the comfort of your own home.

Inbound customer service can be the best work-at-home business

The rapidly growing work-at-home business opportunity, customer contact support (providing customer service support to companies from the comfort of your home), can be an ideal small business opportunity. Home-based customer service businesses allow you to apply multiple skill sets, and don’t involve the pressure of sales. Options for entrepreneurs starting work-at-home businesses in the customer service space can range from customer service to tech support—there is a niche for almost any specialty!

Virtual customer service isn’t just about being on the phone

A work-at-home business providing customer service keeps things interesting. Whether it be via phone, chat, or email, there is no limit to the unique questions and concerns that your business will encounter. Many small businesses find a niche responding to email inquiries, or providing chat customer service and when you own your own business there’s no “9 to 5”; customer inquiries are routed strictly on your time, based on the hours that you choose.

Phone support for a roadside assistance or security systems client, for instance, can be done at any time of the day; morning, afternoon, or night. Business hours are constructed on the timetable that you personally set as a business owner to take these incoming calls.

Although there are many trades that can be done from home, the best work-at-home business is one that suits your expertise, enables you to earn money, and above all else, keeps you interested. Working from the comfort of your own home is a trend that has boomed in popularity in recent years, but entrepreneurship is a long-term goal, and traditional avenues of work-at-home businesses, such as makeup sales, or clothing and jewelry trunk shows, are often short-term solutions. Home-based customer service businesses are a welcome alternative for those seeking a better option.

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Small Business Administration – Best Places to Work #small #scale #business

#small business administration

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How is the index score calculated?

The overall rankings are determined by the agencies Best Places to Work index scores, which measure employee satisfaction and commitment.

The index score is not a combined average of an agency s category scores. It is calculated using a proprietary weighted formula that looks at responses to three different questions in the U.S. Office of Personnel Management s Federal Employee Viewpoint Survey. The more the question predicts intent to remain, the higher the weighting.

  • I recommend my organization as a good place to work. (Q. 40)
  • Considering everything, how satisfied are you with your job? (Q. 69)
  • Considering everything, how satisfied are you with your organization? (Q. 71)

Why are agencies grouped by size?

We group agencies by workforce size to provide comparisons of agencies that may face similar management challenges in terms of numbers of employees and locations. The groupings have undergone several changes over the years. In 2003 the rankings featured only one list of agencies, including agencies as large as the Department of Defense (over 600,000 employees) and as small as the Office of Management and Budget (450 employees).

Number of Full-time, Permanent Employees by Group

Large More than 15,000 Mid-size 1,000 to 14,999 Small 100 to 999

Subcomponents, the subagencies, bureaus, divisions, centers and offices within agencies need to have at least 100 femployees.

The number of employees was determined by using OPM s FedScope database. Our criterion was based on the number of permanent employees as of fiscal year 2014, unless otherwise noted.

Why aren t past rankings shown?

We have different numbers of agencies participating in the rankings. For example, in 2007, 222 subcomponents participated in the rankings and the median rank was 111. In 2015, 315 subcomponents participated in the rankings and the median rank was 157. We also have made changes to the ranking s categories. For these reasons, the rank is not the most accurate reflection of an agency s performance over time. We recommend focusing on score and quartile trends instead.

Why would an agency not have scores in some categories?

The Consumer Financial Protection Bureau, Federal Deposit Insurance Corporation, Government Accountability Office, Intelligence Community, Millennium Challenge Corporation, Office of the Inspector General at the Tennessee Valley Authority, Peace Corps, Smithsonian Institution, and U.S. Army Audit Agency do not participate in the OPM survey but conduct comparable surveys that include our three index questions. These agencies may or may not include the questions required for the category scores.

Why would an agency not have scores for some demographics?

To calculate a Best Places to Work index score for a demographic group at an agency, we require at least 30 respondents in the category. If there were fewer than 30, we did not report a score.

Small Business Administration

The Best Places to Work in the Federal Government rankings are produced by the Partnership for Public Service a nonprofit, nonpartisan organization committed to improving the effectiveness of government. As part of our strategy for change, we work with numerous agencies, many of which are represented in our Best Places to Work profiles and rankings, on everything from improving employee satisfaction and commitment to leadership development.

1100 New York Ave NW
Suite 200 East
Washington, DC 20005
(202) 775-9111

2016 Partnership for Public Service





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Home Based Business for Sale NZ, Small work from home NZ Businesses for Sale

#home business opportunities

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Home Based Businesses for Sale

Search over 3,000 Businesses for Sale New Zealand wide. or subscribe to our very latest NZ businesses for sale. Before you buy a business contact several sellers of the businesses for sale NZ that interest you, to learn what s on offer and become better informed.

Looking for a Large or Small Home Based Business for Sale NZ or Home Based Business Opportunities NZ? Search through 72 Home Based Businesses for Sale on NZ Biz Buy Sell, and check out New Zealand’s leading Small Business for Sale NZ listings.

Find a work from Home countryCode] opportunity or choose from over 2500 businesses for sale New Zealand wide. Looking to list your Home Based Business NZ for Sale? See how to sell a Home Business

Save this search (“Home Based Businesses for Sale”) and email me the latest listings.

Saved Searches

Businesses for Sale

Search Results

  • New business partner Require Business for Sale | New Zealand | $15,000

HUGE ROI 250% within a year. Golden opportunity in NZ for one selcted business person. [more. ]

  • Training and Development Industry Business for Sale | NZ Anywhere

    Onine Home Based Business. Vritually Recession Proof! [more. ]

  • Coffee News Business for Sale | Palmerston North and Wanganui | $8,000

    Two areas, Palmerston North and Wanganui. Coffee News is the world’s most popular restaurant publication and has been operating in New Zealand since 2001. [more. ]

  • Advertising Service Business for Sale | Invercargill | $8,000

    Coffee News is the world’s most popular restaurant publication and has been operating in New Zealand since 2001. [more. ]

  • Advertising Service Business for Sale | Queenstown | $8,000

    Queenstown Coffee News. Become part of the world’s most popular restaurant publication and has been operating in New Zealand since 2001. [more. ]

    Mobile lunch bars capable of significant expansion and / or franchising [more. ]

  • Equipment sale, hire and servicing Business for Sale | Auckland | $680,000

    Home based, beauty industry equipment [more. ]

  • Boarding Cattery Business for Sale | 136a Osborne Rd, Hamilton

    Home and Business Tender Closes 2pm, 21st September 2016 Harcourts 143 Ohaupo Road, Hamilton [more. ]

  • Portable Online Self Employment Wellington Business for Sale | North Shore Wellington

    Portable Online Work From Home Global Business. Create Your First $100k Online. [more. ]

  • Advertising Service Business for Sale | Gisborne | $8,000

    Coffee News is the world’s most popular restaurant publication and has been operating in New Zealand since 2001. [more. ]





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  • Home Based Business Opportunity – Work From Home #new #business #opportunities

    #home business opportunity

    #

    The WorldVentures Work-at-Home-Opportunity

    When you hear the phrase “work from home business ,” what image pops into your mind? Do you see yourself twiddling your thumbs, waiting for a call to come through as you try to sell magazine subscriptions? Or maybe you think of trying to store loads of inventory in any spare space you can find, hoping to unload it before dust covers it—again. If you’re seeking a work-from-home business opportunity, ask yourself this question: What if you could bypass the inventory, sell a product that you’re truly passionate about and manage your business from anywhere in the world? Sound like nirvana?

    Well, WorldVentures has given the home-based business opportunity a new twist, taking Representatives outside the four walls of their home and making the world their office. For more than seven years, we’ve shown thousands of people the world over how direct sales is ideal for selling vacation club memberships. Today, we have Representatives in 23 countries worldwide who relish the product. They not only sell, but showcase the experience of travel at some of the most breathtaking destinations in the world, and are now living life on their own terms.

    “I wanted the time and financial freedom to teach my kids history, not from a history book, but to take them places in the world where history happened,” WorldVentures Representative Matt Morris says.

    If you’re looking for an opportunity to spend more time with your friends and family, and to experience more from life―this is it!

    And we’ve leveled the playing field―the opportunity is open to anyone, regardless of age, background or education. Make no mistake, there’s real potential here. All you need is the desire to build your business and the commitment to put in the time and hard work necessary to establish a solid foundation. If you’re looking for an opportunity to spend more time with your friends and family, and to experience more from life―this is it!

    Start Your Home-Based vacation Club Business

    Opening your own home-based vacation club business can be lucrative, and it can also give you the chance to travel the world—if you start your business with WorldVentures!

    A home-based business allows you the flexibility to make a schedule that works with your life. Not to mention, WorldVentures’ direct-selling model makes it easy to set up your business, and with our mobile apps, your business can go with you. No matter where you travel, you’ll always have access to the most up-to-date news, account information, social media tools, training and, of course, the latest DreamTrips that have been added to our lists!

    Selling vacation club memberships with WorldVentures is not only convenient, but also offers a wide array of products and packages for your customer base.

    Selling vacation club memberships with WorldVentures is not only convenient, but also offers a wide array of products and packages for your customer base. No matter who your customers are—retirees wanting to explore a new country, families needing an affordable getaway, newlyweds planning their honeymoon, or even college students looking for Spring Break options—we offer various levels of DreamTrips Memberships. each tailored to member usage and budgets! Our selection is what provides your business value, resulting in satisfied customers.

    So, get ready for all of the convenience and fulfillment that a home-based business can bring and get ready to find more fun, freedom and fulfillment with WorldVentures!

    Explore More





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    Why The SBIC Doesn – t Work For Venture Capital Anymore – Feld Thoughts

    #small business investment company

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    Why The SBIC Doesn t Work For Venture Capital Anymore

    There are so many things wrong in the article I felt compelled to write about it. This isn t a knock on the writer (Alicia Wallace) I like Alicia and think she does a good job. Rather, it s an example of the difference between signal and noise in any kind of reporting around the VC industry.

    I’m an investor in over 40 VC funds around the world (mostly in the US) and three of them are SBIC funds. Each of the SBIC funds were raised in the 2000 2002 time period. On paper, only one is in positive return territory as a fund, but the SBIC leverage is a substantial negative factor for the LP investors in that particular fund. And, in the other two, I don’t expect to ever see any of my capital back because of the SBIC leverage. Furthermore, I don t believe any of the GPs in any SBIC-backed fund would ever take money from the SBIC again.

    So I’m speaking from at least a little experience albeit indirectly with the SBIC, as I ve never been a GP in a fund that had SBIC leverage.

    The article starts off saying that “Matthew Varilek has traveled across the state, proselytizing the potential benefits of the Small Business Investment Company Program.” As a partner in one of the most visible VC firms in Colorado and an LP in many of the Colorado VC firms, I’ve never heard from Matthew or anyone from the SBIC. Matthew, if you really want to have a deep discussion about why the SBIC program isn’t effective for VC funds anymore, feel free to give me a shout. I’d be happy to meet with you.

    Next, there is the wonderful PR quote about the SBIC that says “Since the program s inception, SBIC success stories include the funding of companies such as Apple, Costco and FedEx when they were burgeoning small businesses.” The SBIC was instrumental in the creation of the venture capital business. The Small Business Investment Act of 1958 helped catalyze many of the VC firms created in the early 1960s. When I first heard about VC firms in the late 1980s, and my first company (Feld Technologies) started writing portfolio management software for some Boston-based VC firms, many of them had funds with SBIC leverage, although even by the late 1980s this was changing and many of them had shifted away from the SBIC. If you want to see a fun quote on it, read A History of Silicon Valley which quotes:

    “ …many venture capital pioneers think the SBIC program did little to advance the art and practice of venture investing. The booming IPO market proved the model of investing in new companies, as some SBICs cash out at attractive levels. SBICs did give a boost to early venture firms, and some like Franklin “Pitch” Johnson, profiled below, thought the new law made the US “see that there was a problem and that [venture investing] was a way to do something… it formed the seed of the idea and a cadre of people like us.” Bill Draper, the first West Coast venture capitalist, has been more blunt: “[Without it] I never would have gotten into venture capital. it made the difference between not being able to do it, not having the money.” Many believe SBICs filled a void from 1958 to the early 1970s, by which point the partnership-based venture firms took off. The US government, however, lost most of the $2 billion it put into SBIC firms.

    So, while Apple, Costco, and FedEx benefited, the PR would be more credible if the SBIC was trumpeting iconic companies created after 1990 or even 2000, especially where the lead investors (rather than follow on investors) had SBIC capital.

    Peter Adams, head of Rockies Venture Club, is quoted a few times. I like and respect Peter, so this isn t aimed at him, but rather at the clear lack of understanding of the capital dynamics around VC funds.

    It looks really great on the surface, said Peter Adams, executive director of the Rockies Venture Club, a nonprofit aimed at connecting investors and entrepreneurs. Then when you dig into it, there were some problems. Adams, who has been involved in many of the meetings with the SBA and members of the investment community, said the greatest concerns voiced by investors and venture capitalists involved management team qualifications, investment track records and the addition of debt to the equation. No. 1 for us is they want a management team with multiple people that have track records in venture capital and have worked together as a team before, he said. I can see where they re going with it, but the VC industry in Colorado has been fairly decimated through the economic downturn.

    Peter is right about the context, but has two fundamental things wrong here. First, the VC industry in Colorado wasn t decimated through the economic downtown. It was decimated because of lack of performance between 2001 and 2009, just like much of the rest of the VC industry around the US. There s nothing special about Colorado in this mix, and it has nothing to do with the economic downtown. This dynamic has been reported thousands of times so I don t need to go through it again, but we don t have to look back very far to hear the drum beat from the media, LPs, and everyone else about how VC is dead. And if you re curious, it wasn t too long ago that Silicon Valley was also dying .

    The other problem here is the need of the SBIC to invest in a management team with multiple people that have track records in venture capital and have worked together as a team before. Any VC firm that fits this qualification is unlikely to have difficulty raising money in today s environment, and subsequently has no need for the SBIC leverage. And, more importantly, the only firms that will look for SBIC leverage are one s that don t have this, which is a classic adverse selection problem.

    Then there s this:

    The recession also then plays into requirements that the management team members have been involved in a meaningful number of successful exits during a four- to six-year period. From 2008 to 2013, that was not a good time for exits, Adams said.

    Huh, what? At Foundry Group, our significant exits (at least 10x capital returned) since we raised our first fund in 2007 include AdMeld, Zynga, MakerBot, and Gnip. We ve had plenty of other exits, but these are the big ones. One of those companies, Gnip, is Boulder-based and another from our older funds (Rally Software) also generated a greater than 10x return for us. Techstars (which we helped start) have also had a steady stream of significant exits, including local Boulder companies like Filtrbox, GoodApril, and SocialThing. And then you ve got plenty of Boulder / Denver monsters on paper some in our portfolio (like SendGrid and Sympoz) and others like Zayo, Ping, Logrhythm, and Datalogix. Finally, if you look across the country, the exits have been awesome the past three years.

    It keeps going. There s talk about the angel cliff (e.g. we need funds to invest between angels and VCs nope, been there remember gap capital not so effective) and the SBA rules and regulations (which I believe are toxic and inhibiting to a successful VC fund.)

    One of the other problem is SBA and SBIC s behavior in governance of the fund. The paperwork is silly and the overhead is non-trivial. The control over distributions and negative incentives to hold or distribute capital often generates bad decisions when companies go public. And at least one close friend who is a partner in an SBIC fund has now found a new LP to buy out the SBIC so they could actually invest capital in their winners, rather than be limited by the SBIC s constraints on the amount of capital you can invest in any particular company.

    The SBIC could be a powerful force for good in the venture capital industry. But it has to approach things very different and based on my experience with the SBA over the past decade, I don t see it happening unless there is real leadership somewhere in coordination with leaders in the VC industry. I m certainly willing to help, if only someone bothered to reach out to me.

    UPDATE: It turns out my partner Seth Levine had met with Matthew a while ago. Seth said Your blog was right on and much of the type of thing I related to Matt and some senior guys he brought in. The gist of my conversation with them was pushing them to consider a different model that the current one basically led to lowest common denominator GPs and sub-optimal returns. Plus the SBIC leverage could be crushing. I don t think they have a ton of flexibility around this but they at least listened to the feedback. I m going to see a bunch of them in a few weeks I agreed to help judge a business plan competition they were hosting. Like you I m not a huge fan of the program as it has existed but I give the new guys some credit for both reaching out and trying to be proactive about thinking through this.

    UPDATE 2: Matthew Varilek reached out to me and we are setting up a time to talk.





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    Online Home based business opportunity in Personal Development Industry – Work at home #business

    #home business opportunity

    #

    An Exciting and Unique Online Home Based Business Opportunity in Personal Leadership Development Industry

    This is a BOOMING $65+ billion Industry!

    A Genuine Online Home Based Business Opportunity that has proven results

    BE MENTORED PERSONALLY BY ME
    I turned my past yearly income into my monthly income Ask Me How

    MAKE UP TO $8,000 PER SALE

    Loving Life Now will show you how this online home business opportunity can become a very profitable business, if you:

    • Dedicate 15-20 hours per week
    • Have the desire to take control of your life
    • Want to be your own boss instead of working for someone else
    • Are not just looking for a get rich quick scheme, but a proven business model with a support network.
    • Are passionate. motivated and self driven
    • Want financial freedom and a fantastic income to Love your Life Now

    ITS A FULLY SUPPORTED AND WORKING HOME BASED BUSINESS THAT WONT INVOLVE ANY OF THE FOLLOWING

    • NO personal explaining
    • NO hassling your friends and family
    • NO shipping of products
    • NO stocking of products
    • NO need to hire staff

    We’ll supply you with the simple yet complete business model, all of your training, and we will help you establish your goals. You will however need to supply the desire, motivation and willingness to learn, and have a real passion for wanting a huge change – personally and financially in your life!

    Its so easy, contact me today. All you need is a computer, Internet, a phone and a few hours to spare each day.

    I compared a traditional business model to our home based business model and didnt waste any time have a look why

    1. Traditional Business Model

    Starting or buying into a business usually costs a large sum of money. There are most often stock, equipment, staff, marketing, rent. just to name a few expenses and these costs are constant week after week – month after month. Actually making money is usually a long time coming not to mention the 60 to 70 hours a week you need to invest of your time. NO THANKS. On average the statistics show that a business will not turn a profit for at least 2 years and the fact is most dont even make it that long, leaving behind huge debts, broken hearts and a ton of stress and strain.

    So in all in all the business = No time off, No financial rewards = No thanks !

    2. Our Business Model

    This home based business is so affordable any one can do it. Our business model is so simple and effective that it can literally produce financial results immediately and you wont have to work 70 hours a week. If you have the desire and have made the decision to change your life, you can do it! All it will take is 15-20 hours per week. Welcome your new flexible working life, financial freedom and start LOVING LIFE !

    There are hundreds of different businesses you can consider when looking for the right business for YOU. There are so many reasons why people decide to start their own business. Some are looking for financial freedom, others are looking at working less hours and making more money and some think that working for themselves will give them the fantastic life they have been waiting for.

    In most cases, new business owners quickly realise that their dream of running their own cafe or buying into a franchise is not going to give them the foot loose and fancy free life they were expecting. It is hard work and requires a lot of time, money and effort. And most times people end up working 14 hour days for a minimal wage. Who wants to really live their life working??

    The great news is, all businesses don’t require long hours and hard work to get the results you want and deserve.

    If this sounds like the type of business you would like to own, please use the contact form on the left of the site, and we will call you back within 48 hours.





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